This is our August 2017 Real Estate Sales Report for Acworth, Georgia.
As we officially wrap up the Summer of 2017, Acworth’s real estate market felt the after-effects of the busiest season for buying and selling homes – the number of closed sales dropped by 14.3%. This isn’t any kind of bad omen for Acworth’s real estate market, however; if previous years’ trends are kept, September and October will continue this pattern, taking us into real estate’s standard “slow season”, which is November, December, and January.
Despite the decline in closings, the number of new listings rose by 4.3%, and the median sold price rose as well, but only incrementally by 0.2%. It’s also interesting to note that the number of closed sales is nearly the same as it was in August of 2015, but that month’s median sold price was hovering around $185k… that’s right, the median sold price in Acworth is up by over 20% in 24 months, with the current median price at $225,490.
If selling your home is something you’re thinking about, consider our Home Value Tool for a report on your home’s current market value, check out our Home Sold Guarantee, or learn more about selling your home.
There are many more local real estate market details in the full market report. To view the full Acworth Real Estate Sales Report for August 2017, click here.
Call us today if you have a question about this report or are thinking of selling or buying a home in Acworth. And, if you’d like to have a market report for a different city, we’d be glad to provide it!