Inventory of homes for sale is low and continues to drop. Many people ready to buy seem to stumble across the same listings over and over and are starting to get discouraged. What to do? You might not have the time to go knock on doors or pass flyers but your agent does.
If you’re looking to improve the appearance of your home for resale in Cobb County, or you just want an updated look for your own enjoyment, there are a few things you must consider before beginning any costly project. Sure, … Continue reading →
Kennesaw, GA Home Prices and Market Trends brought to you by Ana Hodge with Keller Williams Signature Partners in Marietta GA. You can also find more reports like this for your specific area on my web-site www.buyahomeatl.com
Is it a good time to list my home for sale in Kennesaw?
Just as we saw with some other areas near Atlanta, list and sales prices continue to increase in Kennesaw. During the month of November list prices increased by 1.59% from October while sales prices increased by 0.42 percent. The median list price in November for single family homes in Kennesaw is $325,000. The median sale price in July for single family homes is $236,000. The price per square foot for listings in this area averages $113. while theprice per square foot for sales in this area is $63. As you can see on the below graph, both list prices and sell prices continue to climb.
When thinking about listing your home for sell you should keep in mind that price is one of the most important factors that will determine success for you as a seller. A professional real estate consultant will not only list your home but will price it right so you can get as much money as you can in the shortest amount of time. This graph shows the disparity between list and sale price which is not a surprise because of the high volume of distress properties that are in the market right now.
Market Inventory trends
The number of active listings in Kennesaw dropped by 2.1% from the previous month. The median number of days active properties have been listed is 69. This is significantly shorter than the national average and great news for anyone considering listing a home for sale.