Current Market Recap
Hall County’s Year over Year Statistics
Average Sales Price: $284,428
Average Days on Market: 61
Active Listings: 865
Number of Homes Sold: 2,495
Average sale price is up by 3.8% ($10,808), average days on market is up by 11.4%, the number of active listings slightly increased from 864 to 865 (only 0.12%), and number of sold homes increased by 1.6% (40 homes). The market is looking stable. We are still in a seller's market, but the winds of change are picking up speed. Home appreciation continues to increase. Georgia home values are expected to increase by as much as 4.9% by next year (after they appreciated as much as 8.23% statewide over last year).
Georgia has more to offer than delicious peaches, iconic filming locations (looking at you, Walking Dead), and gorgeous scenery. The Empire State of the South is also a ripe location for anyone looking to invest in real estate.
Why should you consider investing in Georgia?
1. The Economy Is Thriving
An exciting variety of industries contribute to Georiga’s $435 billion GDP. Companies like Coke, the state of Georgia, Emory University, Welstar, and Georgia Power bring great diversity to the kinds of income the state relies on.
2. More Workers are Moving In
A prosperous economy is extremely attractive to workers of all backgrounds and skill levels. As the population increases—notably in urban centers—they’ll need places to stay. The Bell Team does a ton of business with buyers who are here because of Georgia’s increasing opportunity.
3. Real Estate is a Solid Investment
A home, for most, becomes their most important investment. Not only is it important... it's lucrative! Last year, home values appreciated by an average of 4.9%, and parts of the state are expected to appreciate by as much as 8.23% next year.
4. Real Estate is Improvable
You can enhance rental properties in several ways, and as drastically as you’d like. Want to redo the kitchen with a custom vent hood, granite countertops, and an island? Go ahead! Want to simply repaint? Do that too! No change is too small, and little changes add up.
And, if you're not sure where to start with home improvement, ask about our vendor list! We've got dozens of reputable experts on call--from pool maintenance to roof repair to fencing.