Blue Ridge Market Report
$947,350
AVERAGE PRICE OF 568 HOMES$1,940,249
AVERAGE PRICE OF 170 MULTI-MILLION DOLLAR HOMES$1,490,805
AVERAGE PRICE OF 53 NEWLY BUILT HOMES$1,561,618
AVERAGE PRICE OF 53 HOMES WITH A POOL$851,621
AVERAGE PRICE OF 23 REDUCED PRICE HOMES$500,450
AVERAGE PRICE OF 2 DISTRESSED HOMESAverage Home
| Average Price | $947,350 |
| Avg Bedrooms | 2.67 beds |
| Avg Bathrooms | 2.4 baths |
Average Price by Bedrooms
| 1 bedroom | $389,925 |
| 2 bedrooms | $470,907 |
| 3 bedrooms | $881,109 |
| 4 bedrooms | $1,198,251 |
| 5 bedrooms | $1,583,248 |
Blue Ridge Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 559 | 542 | 551 | 516 | 485 |
| Average Price | $910,438 | $925,417 | $914,540 | $908,825 | $863,423 |
| Avg Price Change | -1.65% | +1.19% | +0.63% | +5.26% | -2.71% |
| Median Price | $671,784 | $681,800 | $687,052 | $681,603 | $653,954 |
| Med Price Change | -1.49% | -0.77% | +0.80% | +4.23% | -3.84% |
| Avg Bedrooms | 2.61 beds | 2.68 beds | 2.72 beds | 2.73 beds | 2.67 beds |
| Avg Bathrooms | 2.32 baths | 2.36 baths | 2.36 baths | 2.34 baths | 2.28 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Fannin - Other | 12 | $925,983 | 160 days |
| Fannin County | 273 | $936,819 | 97 days |
| Gilmer | 21 | $480,632 | 64 days |
| Gilmer - Other | 4 | $52,000 | 33 days |
| Other | 13 | $787,292 | 146 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 568 | $947,350 | 102 days |
| Multi-Million Dollar Homes | 170 | $1,940,249 | 101 days |
| Newly Built Homes | 53 | $1,490,805 | 79 days |
| Homes with a Pool | 53 | $1,561,618 | 165 days |
| Reduced Price Homes | 23 | $851,621 | 78 days |
| Distressed Homes | 2 | $500,450 | 90 days |
