NWMAR - News

February Market Brief – NWMAR Highlights

Written by Admin | Feb 13, 2025 5:00:00 AM

Market Summary 📊

In February 2025, Bartow and Gordon counties continued to see changes in the housing market compared to the previous year.

Bartow County: Home sales increased by 18% to 118 units, while the median sales price remained steady at $336,000. The average sales price declined by 6.9% to $371,000. Active listings grew by 48.6%, and new listings increased by 12.7%, further expanding available inventory. The month’s supply of inventory rose by 45.5% to 3.16 months, giving buyers more options in the market.

Gordon County: Home sales held steady at 33 units, while the median sales price rose 3.9% to $265,000. The average sales price declined 9% to $266,500. Active listings increased by 54.8%, but new listings fell by 10.9%, indicating a slowdown in seller activity. The month’s supply of inventory expanded by 71.2% over the previous year to 3.86 months, creating more opportunities for buyers.

Quick Snapshot of February 2025 Key Metrics for Bartow County 🔍

Download Bartow County Infographic PDF

Metric Value Y/Y % Change M/M % Change
Total Residential Sales 118 +18.0% +26.9%
Median Sales Price $336,000 0.0% +3.2%
Average Sales Price $371,000 -6.9% +3.9%
Active Listings 367 +48.6% +2.8%
Month’s Supply 3.2 +45.5% +1.5%
New Listings 169 +12.7% -8.6%

Quick Snapshot of February 2025 Key Metrics for Gordon County 🔍

Download Gordon County Infographic PDF

Metric Value Y/Y % Change M/M % Change
Total Residential Sales 33 0.0% +10.0%
Median Sales Price $265,000 +3.9% -8.9%
Average Sales Price $266,500 -9.0% -17.6%
Active Listings 161 +54.8% -3.0%
Month’s Supply 3.9 +71.2% -3.0%
New Listings 57 -10.9% -20.8%