Here’s the Cobb County GA Real Estate Sales Report for February 2020. This report gives detailed real estate market data for Cobb County in February 2020.
Cobb County real estate activity in February sent some mixed messages; the number of new listings decreased by 7.2% and the number of pending sales increased by 2.5%, but the number of closed sales decreased by 2.8%. Cobb County housing inventory plummets with the inventory of homes for sale down by 8.9%, and the months supply of inventory down by 9.1%.
The February report also indicates big changes to how long a property is on the market until it’s sold, which increased this month by 2.0%. Home sales prices are still on the rise in Cobb County with an 1.2% increase to median sales price, and a 2.0% increase to the average sales price, bringing those figures to $290,000 and $334,854 respectively.
There’s even more interesting details in the full report. To view the full February 2020 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.