Is Blue Ridge, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Blue Ridge was a Seller's Market.
Housing Prices in Blue Ridge, GA
How much do homes in Blue Ridge, GA cost?
Median Sold Price
$581,694
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Blue Ridge was $581,694 in April 2024, up 1.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $309.5K | $305K | -1.5% |
2 Bedrooms | $395K | $395.5K | 0.1% |
3 Bedrooms | $535.9K | $600K | +12.0% |
4 Bedrooms | $769.9K | $925K | +20.1% |
5+ Bedrooms | $1.8M | $1.0M | -42.2% |
Summary: Blue Ridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes decreased by 42.2%.
Housing Supply in Blue Ridge, GA
How many homes are available in Blue Ridge, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
355 | 464 | +30.7% |
Summary: The Blue Ridge real estate market had 464 homes for sale in April 2024, a 30.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 56 | 81 | +44.6% |
3 Bedrooms | 163 | 210 | +28.8% |
4 Bedrooms | 95 | 118 | +24.2% |
5+ Bedrooms | 36 | 48 | +33.3% |
Summary: The Blue Ridge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Blue Ridge in April 2024, up by 15.8% month-over-month. Of the 20 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% were sold over asking.
Days on Market for Blue Ridge, GA
How long does it take to sell a home in Blue Ridge, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 60 Days | +11.4% |
Summary: Homes in Blue Ridge had an average of 60 days on market in Apr 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Blue Ridge; 41% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.