Ashley Glen Real Estate Market: Introduction
The real estate market in the Ashley Glen neighborhood of Pike County, Georgia is constantly changing. For buyers and sellers, being aware of these changes can provide valuable insights. In this post, Jessica Horton will provide a comparative analysis of the real estate market in the Ashley Glen subdivision of Pike County, GA for the first half of 2023 and 2024. By examining key metrics such as the number of properties listed and sold, average prices, and market dynamics, consumers can gain an understanding of how the market has evolved over the past year.
Ashley Glen Market Snapshot
Ashley Glen Real Estate Market: H1 2023
Ashley Glen Real Estate Market: H1 2024
Ashley Glen Housing Market Overview
Ashley Glen Real Estate Market: Homes Listed For Sale 2023 vs. 2024
Number of Homes Listed For Sale
- H1 2023: 6 homes were listed for sale
- H2 2024: 11 homes were listed for sale
The number of homes listed for sale in Ashley Glen has significantly increased from H1 2023 to H1 2024. This spike in listings may suggest an increasing interest in selling properties in the community, which might be attributed to the adjustment in market conditions or increased property values in Pike County.
Ashley Glen Real Estate Market: Homes Sold 2023 vs. 2024
Homes Sold in Recent Years:
- H1 2023: 9 Properties
- H2 2024: 7 Properties
Despite having more homes listed in 2024, the number of properties sold slightly decreased. This suggest a more competitive market where buyers have more options or a shift in their buying preferences and market conditions.
Ashley Glen Price Analysis
Average Listing Price in Ashley Glen
- H1 2023: $483,833
- H1 2024: $491,733
The average listing price in Ashley Glen has slightly increased, indicating a more positive outlook from sellers regarding the value of their properties in 2024 compared to 2023.
Listing Price Range
- H1 2023: Lowest: $424,500 | Highest: $575,000
- H1 2024: Lowest: $450,000 | Highest: $529,000
Interestingly, while the lowest list price in 2024 has increased substantially, the highest list price has decreased, indicating a narrowing range of property values listed.
Selling Price Range
- H1 2023: Lowest: $415,500 | Highest: $570,000
- H1 2024: Lowest: $429,500 | Highest: $519,775
Like list prices, the selling prices in 2024 show a higher floor but a lower ceiling compared to 2023.
Ashley Glen Market Dynamics
Average List to Selling Price Ratio
- H1 2023: 98.8%
- H1 2024: 98.2%
The list-to-selling price ratio has decreased slightly, indicating that homes in Ashley Glen are selling closer to their list prices, though there is a marginally more significant gap than in 2023.
Average Days on the Market
- H1 2023: 125 days
- H1 2024: 158 days
Homes are staying on the market longer in 2024, possibly due to the increased number of listings, which gives buyers more choices and potentially leads to longer decision-making times.
Conclusion on the Ashley Glen Real Estate Market
"Well-informed consumers make better financial decisions in real estate." - Jessica Horton
The Ashely Glen real estate market has undergone significant changes between the first half of 2023 and 2024, as evidenced by a higher number of listed properties for sale in 2024 and a slight decrease in properties sold. Prices have risen, and the average list and selling prices have increased while the range of prices has narrowed. The decrease in the list-to-selling price ratio and the uptick in average days on the market suggest a more competitive and cautious market environment.
Understanding these market trends is essential for making informed decisions for both buyers and sellers. Whether you’re buying or selling a home, keeping up-to-date with the latest market data is paramount to confidently navigating the real estate landscape.
Jessica Horton
With over 20 years of unparalleled experience in the real estate industry, Jessica Horton has cemented her legacy as a trailblazer and visionary.
Experience
Jessica Horton - 20+ years experience in real estate and hundreds of successful transactions. She is consistently recognized for exceptional results.
Top-rated
Since winning Rookie of the Year in 2002 and a Top Producer each year after, Jessica's career has been a constant quest for excellence, consistently excelling from 2001 to 2023.
Industry expert
Jessica is a respected speaker for both the National Association of Realtors and the Real Estate Buyers Agency Council (REBAC), showcasing her professional credentials.
