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Georgia Housing Market Recovery Continues

Georgia Association of Realtors posts all positive trends for the state's housing market.

The Georgia Association of Realtors published the following numbers for the state in November:

  • New Listings decreased 17 percent
  • Pending Sales  were up 28 percent
  • Inventory Levels shrank 31 percent
  • Median Prices  rose 21 percent
  • Average Prices rose 13 percent
  • Months Supply of Homes for Sale decreased 38 percent
  • Days on Market decreased 10 percent to 94 days
  • All indicators going in the right direction - and of course, we are experiencing similar trends here in Forsyth County. 

    This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

    r patton December 30, 2012 at 10:17 PM
    What county?
    Jack Gleason December 31, 2012 at 01:15 PM
    The "Growth & Development" Juggernaut thrives in that environment created of the Orgy of Speculative Development...and-so it awakens : ?
    Jack Gleason December 31, 2012 at 01:53 PM
    We have only so-much in terms of Sustainable Water Resources available to consume-per-household, and further of that we impeed what Quality of Life/Level-0f-Service (LOS) is enjoyed of living this County ~ more People demand more "Services", etc., ad-nauseum ~ where upon comparison of the Forsyth County "Existing Land-Use Map" and "Future Land Charecter Map" the decimation of "Open Space" being "Planned" by some only becomes obvious...yet it only proceeds today, and will evolve just as it did right up-to "The Crash of '08" for the fact its "Stewards" -- Those charged with the procurement of Our future by Us -- are either asleep-at-the-wheel or in-the-trunk ~ Federal, State, and "Local Government" ~ altogether...and here-we-go again : ? http://www.aboutforsyth.net/v3/viewtopic.php?t=6399&p=33740
    Tim Hopkins December 31, 2012 at 03:29 PM
    This was for all of Georgia.
    Tim Hopkins December 31, 2012 at 03:35 PM
    These numbers are for all of Georgia. Certainly South Forsyth has definitely resurrected its New Construction engine. The good news is that the majority of it is in subdivisions that had already been started back in 2006-2007 and had since been abandoned by developers and builders who went out of business in "The Crash of '08".
    Douche December 31, 2012 at 09:30 PM
    wow, trying to read Jack Gleason is making me want some Jack Daniels.
    Jack Gleason January 01, 2013 at 05:12 PM
    The world is not so-simple...facing that reality makes a lot of people want to drink : ?
    Jack Gleason January 01, 2013 at 06:02 PM
    @ T.H.: True, a lot of the (Green-ABS/PVC) "Pipe Farms" are being picked-up, but for what WAS KNOWN of certain Forsyth County Engineering and Planning and Development Department "Heads" (kna; "Forsyth County Planning and Community Development Department" since some departed ; ) of regional concerns regarding "Water Wars" development was inarguably granted at higher densities than should've been allowed in areas of environmental sensitivity such as the Big Creek "Small" Water supply Watershed Overlay (BCSWO), and/or upon "Aquifer Recharge Zone" Groundwater Recharge Areas (ARZ/GRA) -- especially including where BOTH occur! As such, not only does it negatively affect Our regions water quality and supply for both pollution and demand incurred ~ exacerbating what impediments We suffer of them today in terms of "Quality of Life" (QOL) and "Level of Service" (LOS), but it also jepordizes the future of Our "Qualified Local Government" (QLG) status which grants that "Home Rule" authority allowing what is SUPPOSED to be "Prudent Planning" ~ supposedly based upon Our "Comprehensive Planning Guide" ~ for IT going more ignored than adhered to...this can cause State and Federal Government sanctions that makes Our QOL/LOS deteriorate further for their implementation...and THEN who would want to continue to "Live, Learn, Work, and Play" here : ? There's "Smart Growth" and there's "We must grow or we will die" ideologies...which would you rather have influence our destiny today : ?

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