Is Blue Ridge, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Ridge is a buyer's market

Buyer's
Market

Difference Since August 2021

At the same time last year, Blue Ridge was a Seller's Market.

Key Takeaway

Blue Ridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Blue Ridge, GA cost?

Median Sold Price

$575,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$182,500(+46.5%)

Key Takeaway

Homes in Blue Ridge have sold for 46.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 -$600K
N/A
2 $395K$520K
+31.6%
3 $360K$585.8K
+62.7%
4 $596K$700K
+17.4%
5+ $642K-
N/A

Median Sold Price Compared To Nearby Cities

Blue Ridge
+46.5%
Mineral Bluff
+18.0%

How many homes are available in Blue Ridge, GA?

Number of Homes For Sale

Jul 2022Aug 2022%
2426+8.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 23
+50.0%
2 45
+25.0%
3 1111
0.0%
4 77
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Ridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
73 Days2 Days-97.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blue Ridge are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Blue Ridge, GA

Homes for sale in Blue Ridge, GA have reached 26. In August 2022 in Blue Ridge, GA there were 8.3% more homes for sale than in July 2022. While the average time on the market in August 2022 was 2 days, the median list price was $575,000. Listing prices have changed in this real estate market between July 2022 and August 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 31.6%, 3 bedrooms properties prices increased by 62.7%, prices of 4 bedrooms properties increased by 17.4%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 50%, the quantity of 2 bedrooms homes went up by 25%, volume of 3 bedrooms homes stayed the same, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes have not changed. In August 2022, from all listings sold in Blue Ridge, GA there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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