Ellijay Georgia Real Estate reVIEWS Category
October 2010 Gilmer County Residential Market Report
Gilmer County Residential October 2010 Market Report
Leaves aren’t the only thing falling in Gilmer County. Much like that of the surrounding counties in the North Georgia Mountain Real Estate Market, the Median Sold Price for Homes Sold in Ellijay, GA. has dropped 10% from September of 2009. The Median Sold Price for residential sales in Gilmer county dropped $15,500 to $137,500. The Median For Sale Price for Gilmer County also dropped year over year 7%, a change of $15,000 to $199,900. What is more staggering than that is the fact that there were 13 fewer homes sold in September this year, than the 35 Homes Sold In Gilmer County last September. The number of Homes Under Contract in Ellijay were also down 8%, down to 37 Pending Sales from 40 a year ago.
The number of New Listings For Sale In Ellijay being offered on our MLS was down 10%. The total number of Homes For Sale in Gilmer County was down 5% from September 2009 to a total of 819, a change of 41 homes. The Average Days On Market (DOM) was down 17% to 156 days. The Months Supply of Inventory, also known as The Absorption Rate, was up 2% to 19.3 months. The Absorption Rate tells us home many months it would take to sell all the homes available under current market conditions.
I hope that you have found this Gilmer County Real Estate Market Report to be useful. If you are planning on purchasing a home or property in the Gilmer County area, or other areas in the North Georgia Mountains, please Contact Me. I would be grateful for the opportunity to work with you, and to assist you every step of the way.
471 Canaan Road In Ellijay Georgia
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Cabin For Sale In Cherry Log, GA. 409 Little Rock Creek Court
This Log Cabin for Sale in Cherry Log, GA. is located at 409 Little Rock Creek Court. A beautiful drive up to the cabin just off of Highway 515 along Little Rock Creek, just outside The Rich Mountain Wildlife Management Area. Cherry Log is a small community within Gilmer County , actually a little closer to Blue Ridge, GA which is just inside the Fannin County line. Cherry Log was put on the map because of The Pink Pig , a famous B-B-Q restaurant right in the heart of Cherry Log. Past President Jimmy Carter has often been seen there frequently enjoying himself some Good Ole’ B-B-Q!
This Cabin has recently undergone many upgrades, expansions and renovations. To start with , the Kitchen cabinets and counter tops as well as some of the appliances have been upgraded. A very nice double door refrigerator with freezer on the bottom has been added. The Master Suite has been recently extended offering a spacious yet cozy feel. There is a sitting area in front, currently being used as a home office, as well as a very large walk-in closet. The main level bathroom features a separate tub, corner shower, and double vanities. It too has recently been upgraded with tiled flooring.
The open Great Room features a Corner Stoned Fireplace complete with vented gas logs, which makes it nice should you prefer the real thing and would rather have a crackling fire instead. This conversion can easily be accomplished with little to no additional costs. High above the Great Room are cathedral ceilings with exposed beams adding to the the charm of a Log Cabin in the Mountains. Up the steps you will find an open loft with yet another extension to enclose a once private balcony that now can be used as anther sitting area to take in and enjoy those breathtaking Mountain Views.
Downstairs fulfills every man’s wants and desires. The Family Room features a nice size area, large enough for a sitting area as well as a game of Pool at the Pool Table, which I might add is included with the purchase of the Cabin. Also tucked neatly under the staircase is a neat Bar Area finished off with a wood slab counter top and special lighting. You will also find just off of the Family Room 2 additional Bedrooms, a Full Bath and the Laundry and Utility Room. Leading out from the Full Finished Basement is a concrete poured patio, where the Back-Up Generator is stored that will run most of the Cabin should the power ever go out. This Back-Up generator will remain with the Cabin as well.
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The Cabin is nestled on 1.77 acres of beautiful Rhododendron, Mountain Laurel, Hemlocks, Pine, and various other Hardwoods and plants. This offers such privacy and seclusion, just what most Mountain Home Buyer’s are looking for. There is a 2 Car Garage just a few feet away from the Cabin, that has additional storage space in the attic of the Garage. Also, there is an additional refrigerator that makes for a great place for all those added items that are not needed as often that take up all your space in the refrigerator in the Cabin. You guessed it, this is also included with the purchase of the Cabin. If that isn’t enough, there is also an Outbuilding placed upon concrete pillars complete with electricity.
If you are looking for Peace and Tranquility, this is the place for you. The drive into the property along Little Rock Creek is almost reason enough to purchase the property. Just in front of the Cabin are trails meandering through the property that is often traveled by Deer, and even an occasional Bear. A wonderful place to spend your time is at the Stoned Outdoor Fire Ring with Gas Starter, or maybe even take in a game of Horseshoes at the Horseshoe Pit! This Cabin offers it all.
MLS# 185573 – $225,000
If you would like any additional information, or if you have any questions or concerns about this or any other Cabin or Mountain Home, please feel free to call me at 706.994.8686, or you can email me at [email protected]
Thanks for viewing this North Georgia Mountain Cabin For Sale, I really appreciate it.
Make it a GREAT day!
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