This is our May 2017 Real Estate Sales Report for Acworth, Georgia.
In May, nearly every datapoint for Acworth’s real estate market was up. The market saw not only in recovery from last month’s slight stalls; some metrics more than doubled!
The number of new listings increased over 21%, and the number of closed sales rose by over 30%, both solid indicators of a strong market for the summer real estate season. You might think that all the new listings would flood the market, causing sales prices to slump, but that’s not the case in Acworth. May saw the median Sold price for homes rise by 4.4%, which is 10.4% higher than it was in May 2016.
Acworth still has record-low numbers of Active listings, lending momentum to the upward-trending sales prices. But low inventory and high prices won’t last forever, so if you’re thinking of selling your Acworth home, now is the time! Consider using 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 details in the full real estate market report. To view the full Acworth Real Estate Sales Report for May 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!