Here’s the Paulding County GA Real Estate Sales Report for November 2018. This report gives detailed real estate market data for Paulding County in November 2018.
We saw 0.7% fewer new listings in November, which is expected as part of the real estate market’s slow down entering into the holidays. Unexpectedly however, the number of pending sales and closed sales increased by 4.1% and 6.9%, respectively. There was also a whopping 23.5% dip in the number of days a listing was on the market before selling, likely due to the reduced number of new listings in a market that had low inventory already; there was approximately 2.2 months supply of real estate inventory in November, which is a 15.4% drop.
Unsurprisingly, the low inventory and unseasonably high demand contributed to increased sales prices. November saw the median sales price increase by 11.1% to $205,500, while the average sales price increased by 9.4% to $217,071. If the real estate sales data from Paulding County in November 2018 is any indicator, we may have a slightly busier-than-usual holiday real estate market!
There’s even more interesting details in the full report. To view the full November 2018 real estate sales report for Paulding County, GA, just click here.
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Call us today if you have a question about this report or are thinking of selling or buying a home in Paulding County, GA. And, if you’d like to have a market report for a different county, we’d be glad to provide it.