Market Briefs
February Market Brief – Pickens County Highlights
March 17, 2025
Market Summary 📊
In February 2025, the Pickens County housing market saw sales decline by 9.1% compared to last year, while the median sales price rose 15% to $398,500, and the average sales price increased 11.1%. Active listings surged 43.5%, indicating a growing inventory, while new listings dipped slightly by 1.3%. The months’ supply of inventory also rose 43.5%, signaling a shift toward a more balanced market.
Quick Snapshot of February Key Metrics 🔍
Metric | Value | Y/Y % Change | M/M % Change |
---|---|---|---|
Units Sold | 40 | -9.1% | +9.1% |
Median Sales Price | $398,500 | +15.0% | +15.0% |
Average Sales Price | $446,000 | +11.1% | +11.1% |
Active Listings | 221 | +43.5% | +43.5% |
Month’s Supply | 4.67 | +43.5% | +4.7% |
New Listings | 74 | -1.3% | +4.2% |
About the GRBOR Market Brief
The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Greater Rome Board of REALTORS®
The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.