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Georgia home sales news from the official monthly FMLS run

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Bent Tree recent sales: $372,500 median over three months

Bent Tree logged 45 sales over 12 months at a $469,000 median, and 18 in the last three months at $372,500, in the official FMLS run through October.

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Recent sales in Bent Tree (Jasper) closed at a median well below the neighborhood's 12-month norm. The 18 homes sold in the three months through October had a median of $372,500, against $469,000 across 12 months.

The 12-month median was $469,000, up 8.3% from the prior 12 months, across 45 sales.

“Bent Tree homes took a median 104.5 days to sell in October, and 87.5% closed under list. The 12-month median is still up 8.3% at $469,000, so sellers there mostly need patience.”

Jeff Crowe, publisher and market reporter, Jeff Crowe CRE

Over the year, the median home sold for 96.9% of its final list price, and 71.1% of sales closed below list.

Median time on market was 85 days, against 52.5 days the year before.

Single months are too thin to read in a neighborhood this size, so this note uses 12-month and three-month windows only.

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Jeff Crowe

Jeff Crowe, publisher and market reporter

Jeff Crowe writes about Georgia home sales from the official monthly FMLS run. Jeff is a licensed real estate agent with CENTURY 21 The Avenues, a full-service local brokerage in Calhoun, Ga.

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