Residential · neighborhood

The Hammock market report

Neighborhood series. Most months are too thin for a median. 13 closings in the last 12 months. Use Ellijay as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 1 active · 0 under contract · 2 pending. Total residential listings by status: 3.

Data confidence: Low. 13 closings in the last 12 months. Too thin for a monthly read. Use live inventory and the surrounding market.

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12-month closings13Enough to sketch a range
12-month median$484,221Volume-weighted, not one month
12-month $/SF$273Better than the median here
Live active11.0 months of supply
12-month DOM3030.8% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 13 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Ellijay, then adjust for this subdivision’s size, age, and condition.
  • 1 homes are active right now. That live list is more useful than last month’s median. Homes for sale in The Hammock, Ellijay →

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price+28.9%$509,000 vs $395,000 market-wide
$/SF+42.5%$264 vs $186 market-wide
DOM-26%25 days vs 34 market-wide
Sale/list+1.3 pts100.0% vs 98.7%
Seller-leaning

1.0 months of supply on last month’s pace (1 active ÷ 1 closings). 0.9 months on the trailing-12 pace (average 1 closings a month). These are different windows.Sellers have leverage on well-priced homes. 0.0% of last month’s closings were below list. Days on market are up 108% from a year ago.

Homes for sale in The Hammock, Ellijay →

How homes actually closed

Based on 1 closings. One sale moves these percentages by 100 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list100.0%Within 1% of list
Below list0.0%More than 1% under list
Price reduced0.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)2.002 pending ÷ 1 (active + under contract)
New / closed0.000 listed in 30 days vs 1 closed
Cooling

Closed sales are taking longer or reducing more often. Seller pressure is rising.

If you own in The Hammock

Low confidence. 13 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $484,221.
  • Start with Ellijay, then adjust for lot, size, age, and condition.
  • 1 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in The Hammock, Ellijay →
  • Homes that sold in the last year took about 30 days. If you list, price to the 12-month $/SF ($273), not a single recent sale.

What this means if you are listing in The Hammock

  • Price to the 12-month median and $/SF ($484,221, $273), not last month and not the market-wide number. Then check it against Ellijay.
  • 1.0 months of supply on last month’s pace. Homes that sold in the last year took about 30 days. Longer than the 12-month DOM usually means the price is high.
  • 30.8% of the last 12 months’ closings were below list. 23.1% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in The Hammock, Ellijay →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 23.1% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Ellijay, then this subdivision’s 12-month $/SF.
  • Last month had 1 closings. One sale does not make a market. Confirm on the live list. Homes for sale in The Hammock, Ellijay →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
$500–750k3100.0%

Property types

TypeListedMedian ask
Single Family Residence3$648,444

1 active, 0 under contract, 2 pending. 0 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-09
2021-112026-09

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20261$509,000$26425100.0%0.0%0.0%
Aug 20261$510,000$26466102.0%0.0%100.0%
Jul 20261$430,000$2643297.9%100.0%100.0%
Apr 20261$489,000$27455102.1%0.0%0.0%
Feb 20261$485,000$2603497.0%100.0%0.0%
Dec 20251$459,900$26612100.0%0.0%0.0%
Nov 20251$568,000$2984100.0%0.0%0.0%
Sep 20251$473,220$2881796.0%100.0%0.0%
Jul 20251$340,000$276597.2%100.0%0.0%
May 20251$505,956$27226104.3%0.0%0.0%
Mar 20251$499,900$26819100.0%0.0%0.0%
Feb 20252$512,450$28048100.0%0.0%50.0%
Jan 20252$448,613$2461297.5%100.0%0.0%
Dec 20241$444,800$23930103.5%0.0%0.0%
Oct 20242$491,189$2875102.3%0.0%0.0%
Sep 20242$541,650$2218999.5%0.0%0.0%
Jul 20243$450,998$2602198.1%66.7%0.0%
Apr 20241$431,450$2537100.4%0.0%0.0%
Feb 20242$419,748$2325898.6%50.0%0.0%
Dec 20232$489,672$294107111.9%0.0%0.0%
Oct 20231$461,312$27182115.4%0.0%0.0%
Jul 20231$455,149$278116115.2%0.0%0.0%
Jun 20232$507,853$24652112.2%0.0%50.0%
May 20231$485,000$2321997.0%100.0%0.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

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