NE GA and NC Real Estate Summary – June 2025

Summer on Lake Chatuge

Availability in listing inventory continues to improve, while the pace of unit sales continues to tread water (much better than sinking).  Meanwhile, the amount of money that flows into real estate in our mountain MLS communities remains impressive.  Sales in June alone totaled $132.5 million, delivering the highest average transaction price level ever in our MLS area.  While several large transaction amounts may have skewed that figure upward, these large ticket transactions are becoming more frequent, and are also supported by firm prices at lower levels too.  The pricing ratios may indicate that some sellers are initially a bit too optimistic, still believing prices are briskly inflating all over and still seeking to ring the bell in their sale.  But, the real market pricing underneath the over-optimism does remain strong. This is not to say that in certain areas of our MLS, or in certain types of houses, that prices have not weakened, but it is to say that overall, in general, the pricing of properties sold in our area has not suffered in this slow period.  The message is that buyers need to be buyers now, and not wait for lower prices.  They will most likely miss out on a transition to a different nice property that better suits their current needs.  The message to sellers is that the time to sell is when you are ready.  If you wait for realty prices to reach a peak, you may never get there and thus never sell, keeping you from becoming a buyer of something that fits your needs and wants better.  Read the full report below and remember to contact me for all your real estate needs in the N. Georgia and NC mountains!

NE GA and NC Real Estate Summary June, 2025