Market Briefs
February Market Brief – NWMAR Highlights
February 13, 2025
Market Summary 📊
In February 2025, Bartow and Gordon counties continued to see changes in the housing market compared to the previous year.
Bartow County: Home sales increased by 18% to 118 units, while the median sales price remained steady at $336,000. The average sales price declined by 6.9% to $371,000. Active listings grew by 48.6%, and new listings increased by 12.7%, further expanding available inventory. The month’s supply of inventory rose by 45.5% to 3.16 months, giving buyers more options in the market.
Gordon County: Home sales held steady at 33 units, while the median sales price rose 3.9% to $265,000. The average sales price declined 9% to $266,500. Active listings increased by 54.8%, but new listings fell by 10.9%, indicating a slowdown in seller activity. The month’s supply of inventory expanded by 71.2% over the previous year to 3.86 months, creating more opportunities for buyers.
Quick Snapshot of February 2025 Key Metrics for Bartow County 🔍
Download Bartow County Infographic PDF
Metric | Value | Y/Y % Change | M/M % Change |
---|---|---|---|
Total Residential Sales | 118 | +18.0% | +26.9% |
Median Sales Price | $336,000 | 0.0% | +3.2% |
Average Sales Price | $371,000 | -6.9% | +3.9% |
Active Listings | 367 | +48.6% | +2.8% |
Month’s Supply | 3.2 | +45.5% | +1.5% |
New Listings | 169 | +12.7% | -8.6% |
Quick Snapshot of February 2025 Key Metrics for Gordon County 🔍
Download Gordon County Infographic PDF
Metric | Value | Y/Y % Change | M/M % Change |
---|---|---|---|
Total Residential Sales | 33 | 0.0% | +10.0% |
Median Sales Price | $265,000 | +3.9% | -8.9% |
Average Sales Price | $266,500 | -9.0% | -17.6% |
Active Listings | 161 | +54.8% | -3.0% |
Month’s Supply | 3.9 | +71.2% | -3.0% |
New Listings | 57 | -10.9% | -20.8% |
About the 400N Market Brief
The 400 North Association of REALTORS® (400N) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 770.845.4008.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the 400 North Association of REALTORS®
The 400 North Association serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the 400 North Association has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Forsyth, Dawson and Lumpkin area. The Association has contributed to various charities over the years by hosting fundraisers.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.