Here’s the Cobb County GA Real Estate Sales Report for May 2020. This report gives detailed real estate market data for Cobb County in May 2020.
It was an unusual month for Cobb County real estate activity in May; the number of new listings decreased by 27.8%, the number of pending sales decreased by 7.0%, and the number of closed sales decreased by 38.1%. Cobb County housing inventory plummets with the inventory of homes for sale down by 22.6%, and the months supply of inventory down by 17.9%.
The May report also indicates big changes to how long a property is on the market until it’s sold, which decreased this month by 5.9%. Home sales prices also sent mixed messages in Cobb County with an 1.6% increase to median sales price, and a 2.6% decrease to the average sales price, bringing those figures to $310,000 and $345,422 respectively.
There’s even more interesting details in the full report. To view the full May 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.