Market Briefs

Pickens REALTORS® Market Brief: October 2024

November 13, 2024

October Highlights

Demand: Total single-family home sales reached 52, marking a 40.5% increase from September.

Price: 
Median Sales Price: $420,000, showing a 3.1% increase from October 2023.
Average Sales Price: $476,000, representing a 0.1% decrease from last year.

Supply: 
Total Active Listings: 225, a significant 38.9% increase from last year.
New Listings: 78, up 14.7% from the previous month.
Month’s Supply: 4.8 months, reflecting a 44.8% increase, indicating a boost in inventory over the past year.

About the GRBOR Market Brief

The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Greater Rome Board of REALTORS®

The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About Georgia Multiple Listing Service

Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.

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