The median home sales price in December 2014 was $152,000, which was 1% higher than December 2013 but 5% lower than November 2014. The number of closed home sales transactions decreased 7% from November 2014 and remained unchanged from December 2013. The average days on the market for homes sold was 146 days in December 2014, which was 13 days less than in December 2013 and 19 days less than in November 2014. The months supply of inventory was 17.3 months in December 2014, down 15% from December 2013 but up 5% from November 2014.

1. NE GEORGIA MLS DECEMBER 2014

2. MEDIAN SALES PRICE
NE GEORGIA MLS
The Median Price for all homes sold in December was $152,000, which is 5% lower than
the median price in November and 1% higher than the median price in December
2013.
DECEMBER 2014
DECEMBER 2014 $152,000
DECEMBER 2013 $150,000
1%
$152,000
$125,000
$130,000
$135,000
$140,000
$145,000
$150,000
$155,000
$160,000
$165,000
$170,000

3. CLOSED TRANSACTIONS
NE GEORGIA MLS
The Market Trend Report for December showed a 7% decrease in the number of
Closed Transactions over November and no change over sales in December 2013.
DECEMBER 2014
209
209
0%
DECEMBER 2014
DECEMBER 2013
209
0
50
100
150
200
250
300

4. DAYS ON THE MARKET
NE GEORGIA MLS
The average Days on the Market for all homes sold in December was 146. This is 19
days less than the average in November and 13 days less than the average in
December 2013.
DECEMBER 2014
146
159
8%
DECEMBER 2014
DECEMBER 2013
146
0
50
100
150
200
250

5. MONTHS SUPPLY OF
INVENTORY
NE GEORGIA MLS
The number of Months Supply of Inventory at the end of December was 17.3 which is
5% higher than November and a 15% decrease from December 2013.
DECEMBER 2014
17.3
20.4
15%
DECEMBER 2014
DECEMBER 2013
17.3
0.0
5.0
10.0
15.0
20.0
25.0

6. Description
The Market Trend Report is distributed each month on or about the 15rd.
The Report is based on data provided by Terradatum from the local
Northeast Georgia Multiple Listing Service and is not annualized. While
MLS and Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).