Here’s the Cobb County GA Real Estate Sales Report for August 2018. This report gives detailed real estate market data for Cobb County in August 2018.
The real estate sales data for Cobb County in August 2018 paints a picture of a rock-solid real estate market, in terms of both listing activity and home prices. Although the number of closed sales dropped by 9.1% in comparison to this month last year, it wasn’t enough to demonstrate home inventory growth. Quite the opposite, in fact; the inventory of homes for sale is 10.2% less than August of last year, despite the 2.2% increase in new listings.
Sales prices are equally healthy, with a 5.3% increase in median sales prices, and a 4.7% increase in average sales prices. Cobb County home owners will be also be happy to hear that homes are selling faster than they were last year as well – with an average of 32 days on the market, which is an 8.6% quicker selling time than August of last year.
There’s even more interesting details in the full report. To view the full August 2018 real estate sales report for Cobb County, GA, just click here.
If you’ve been thinking about selling your home, try 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. We’re here to help!
Call us today if you have a question about this report or are thinking of selling or buying a home in Cobb County, GA. And, if you’d like to have a market report for a different county, we’d be glad to provide it.