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Welcome to 2026! Below is the December, 2025 summary of Real Estate Activity in our area:
Inventory levels have once again reduced over the final months of the year, as they do every year. The number of pending contracts also reduced by about the same percentage.
As for December closings, we had a good month with more than the previous December. Still though, the total closings in 2025 were 5.5% less than the 2024 total. But putting all this in a bigger picture helps our perspective. We all know that 2021 was a hair-on-fire crazy year, way above the “norm”, and when we feel things are slow today it’s because of a tough subconscious comparison to 2021, 2022, and 2023. The fact is that our MLS area saw 45% fewer closings in 2025 than in 2021. But remember that 2021 was a crazy aberration borne of the perfect combination of Covid relocation demand and super low interest rates. It should make us feel a little more secure to know that the rate of decline in volume annually since 2021 has also reduced dramatically each year.
As for the counties individually, Cherokee had a record high average price in December of $379,806. That month was way above the average price for the full year of $283,624.
Fannin had quite an increase in units in December, but when comparing year over year, 2025 only had 3 more closings in 2025 than in 2024. Fannin also had a very high average price in December of $701,059, but that was still only able to pull up the average price for the year to be still barely below the average price for 2024! So, year over year, prices went nowhere in 2025 from 2024 in Fannin.
Ditto in Towns County, where the December one-month average price hit a new record high of $431,089, but it wasn’t enough to provide more than a small increase in the full-year 2024 to 2025 average price.
Ditto again for residential prices which saw a record high in December at $592,049, but only moved the full year average up a small amount from the prior year. Still, our MLS area house prices are at a record high level and continue to grow even in this environment.
Read / Download the full report below:
