FMLS Residential · neighborhood

Coosawattee

Neighborhood series. Most months are too thin for a median. 55 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. 58 active · 0 under contract · 7 pending. Total residential listings by status: 65.

Data confidence: Moderate. 55 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings55Enough to sketch a range
12-month median$426,010Volume-weighted, not one month
12-month $/SF$265Better than the median here
Live active5814.5 months of supply
12-month DOM6074.3% 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.

  • 55 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.
  • 58 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Coosawattee, Ellijay →
Buyer-leaning

14.5 months of supply on last month’s pace (58 active ÷ 4 closings). 12.7 months on the trailing-12 pace (average 5 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 74.3% of the last 12 months’ closings were below list. Days on market are down 100% from a year ago.

Homes for sale in Coosawattee, Ellijay →

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)0.127 pending ÷ 58 (active + under contract)
New / closed4.7519 listed in 30 days vs 4 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Coosawattee

Moderate confidence. 55 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $426,010.
  • Start with Ellijay, then adjust for lot, size, age, and condition.
  • 58 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Coosawattee, Ellijay →
  • Homes that sold in the last year took about 60 days. If you list, price to the 12-month $/SF ($265), not a single recent sale.

What this means if you are listing in Coosawattee

  • Price to the 12-month median and $/SF ($426,010, $265), not last month and not the FMLS-wide number. Then check it against Ellijay.
  • 14.5 months of supply on last month’s pace. Homes that sold in the last year took about 60 days. Longer than the 12-month DOM usually means the price is high.
  • 74.3% of the last 12 months’ closings were below list. 48.6% 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 Coosawattee, Ellijay →

What this means if you are making an offer

  • Supply is elevated at 14.5 months. You have room, especially on homes past 60 days.
  • 48.6% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Ellijay, then this subdivision’s 12-month $/SF.
  • Last month had 4 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Coosawattee, Ellijay →

Live inventory mix

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

Price bands

BandListedShare
Under $300k1015.4%
$300–500k2843.1%
$500–750k2030.8%
$750k–1M710.8%

Property types

TypeListedMedian ask
Single Family Residence65$489,000

58 active, 0 under contract, 7 pending. 19 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20264——————
Aug 20263——————
Jul 20263——————
Jun 20264——————
May 20265$420,000$2411896.9%80.0%40.0%
Apr 20264——————
Mar 20268$501,000$2713295.8%87.5%25.0%
Feb 20262——————
Jan 20265$430,000$3337396.6%60.0%60.0%
Dec 20257$401,050$2657196.4%57.1%57.1%
Nov 20255$385,000$2778995.4%80.0%60.0%
Oct 20255$384,000$1999397.6%80.0%60.0%
Sep 20255$394,500$1735990.7%100.0%60.0%
Aug 20254——————
Jul 20255$530,000$2942095.8%80.0%0.0%
Jun 20252——————
May 20256$406,750$2543196.1%100.0%16.7%
Apr 20255$410,000$2224095.4%100.0%40.0%
Mar 20256$495,000$2998594.5%83.3%33.3%
Feb 20254——————
Jan 20258$340,000$20113196.9%87.5%75.0%
Dec 20247$420,000$1986998.2%71.4%85.7%
Nov 20244——————
Oct 20244——————

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

Related markets

Ellijay city trends →

Homes for sale in Coosawattee, Ellijay → · ← FMLS report