FMLS Residential · school

Pickens

Closed sales series. Latest median $448,500 (+4.8% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 324 active · 17 under contract · 27 pending. Total residential listings by status: 368.

Data confidence: High. 531 closings in the last 12 months. Enough closings to read a trend.

Latest median$448,500+4.8% YoY
Months of supply6.5Buyer-leaning · 7.3 on 44/mo trailing-12
$/SF$228+1.0% YoY
DOM53+43.2% YoY
Sale/list97.9%56.0% below

Versus the FMLS footprint

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

Median price+13.5%$448,500 vs $395,000 FMLS-wide
$/SF+22.2%$228 vs $187 FMLS-wide
DOM+61%53 days vs 33 FMLS-wide
Sale/list-0.9 pts97.9% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

68
Softening

3-month volume-weighted median $419,861 (+1.3% vs same 3 months last year) on 147 closings. Latest month is $448,500. Confidence: Moderate (147 closings in 3 months).

3-month $/SF is down 2.0% versus the same 3 months last year.

Months of supply69
6.5 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price36
+1.3% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed76
1.56 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.08 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced76
44% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend75
+21.2% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

6.5 months of supply on last month’s pace (324 active ÷ 50 closings). 7.3 months on the trailing-12 pace (average 44 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 56.0% of last month’s closings were below list. Days on market are up 43% from a year ago.

Homes for sale near Pickens, GA →

How homes actually closed

Above list6.0%More than 1% over list
At list38.0%Within 1% of list
Below list56.0%More than 1% under list
Price reduced44.0%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)0.0827 pending ÷ 341 (active + under contract)
New / closed1.5678 listed in 30 days vs 50 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Pickens

High confidence. 531 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $401,333. About $206 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 6.5 months of supply on last month’s pace. Expect about 47 days if you price correctly. Longer than that usually means the price is high.
  • 56.0% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near Pickens, GA →

What this means if you are listing in Pickens

  • Price to the closed median and $/SF here ($448,500, $228), not the FMLS-wide number. This market is above the FMLS footprint by 13.5% on median.
  • With 6.5 months of supply, expect about 53 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 56.0% of recent closings were below list and 44.0% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near Pickens, GA →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 44.0% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 14%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

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

Price bands

BandListedShare
Under $300k6517.7%
$300–500k14238.6%
$500–750k8823.9%
$750k–1M4211.4%
$1M+318.4%

Property types

TypeListedMedian ask
Single Family Residence324$479,900
Townhouse38$311,197
Condominium6$354,500

324 active, 17 under contract, 27 pending. 78 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 202650$448,500$2285397.9%56.0%44.0%
Aug 202655$389,900$2154598.5%54.5%49.1%
Jul 202642$425,000$1864299.0%52.4%47.6%
Jun 202652$404,000$2084398.6%55.8%44.2%
May 202650$409,000$2142799.1%48.0%38.0%
Apr 202646$387,500$2094698.2%63.0%41.3%
Mar 202645$425,000$2045798.2%66.7%42.2%
Feb 202628$420,825$1917097.4%64.3%53.6%
Jan 202642$382,500$1917898.2%59.5%50.0%
Dec 202545$350,000$2103198.8%55.6%42.2%
Nov 202542$374,750$1914697.6%76.2%54.8%
Oct 202534$401,250$2043297.1%82.4%32.4%
Sep 202553$428,000$2263798.6%60.4%43.4%
Aug 202543$410,000$1983797.5%58.1%41.9%
Jul 202546$402,500$2193099.2%46.7%43.5%
Jun 202548$357,450$21627100.0%40.4%39.6%
May 202556$367,500$2002898.9%50.9%35.7%
Apr 202545$467,000$2104197.9%73.3%46.7%
Mar 202544$420,200$2085098.7%56.8%40.9%
Feb 202535$362,000$2012999.0%50.0%40.0%
Jan 202528$340,000$2026495.9%75.0%46.4%
Dec 202438$379,500$1963397.4%60.5%44.7%
Nov 202441$365,500$2154298.8%53.7%53.7%
Oct 202454$393,000$2033097.6%66.7%38.9%

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

Homes for sale near Pickens, GA → · ← FMLS report