This is our May 2018 Real Estate Sales Report for Acworth, Georgia.
The month of May gave us increases across the board in the Acworth real estate market, showing a thriving and active housing market: the number of new listings was up nearly 16%, the number of closed sales was up almost 12%, and the number of new pending listings was up over 14%! This month’s report shows not just a LOT of movement, but also QUICK movement! The median number of days to contract is only EIGHT, a 5-year low for the month of May.
Despite all the hustle and bustle of the active market, the total number of active listings remain at a 5-year low for May. The low inventory is surely contributing to the long term upward trend of home values; the median sold price also rose to $263,880 which is 5.6% higher than last month and 16% higher than this month last year.
If selling your home is something you’re considering, check out 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 May 2018, 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!