This is our August 2017 Real Estate Sales Report for Woodstock, Georgia.
As we officially wrap up the Summer of 2017, Woodstock’s real estate market is feeling the after-effects of the busiest season for buying and selling homes – the number of closed sales dropped by 7.7%. This isn’t any kind of bad omen for Woodstock’s real estate market, however; if previous years’ trends are kept, September and October will continue this pattern, taking us into real estate’s standard “slow season”, which is November, December, and January.
Also down this month is the median sold price, taking a 3% slide down to $235k. The number of active listings is remarkably low; the 5-year August average is 441 active listings, whereas this month we had only 396. That figure may be partially the cause of the surprisingly high sold price-to-list price ratio, which is higher than last month and nearly a 5-year August record at 97.5%.
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!
There’s even more interesting details in the full report. To view the full August 2017 real estate sales report for Woodstock, GA, just click here.
Call us today if you have a question about this report or are thinking of selling or buying a home in Woodstock, GA. And, if you’d like to have a market report for a different city, we’d be glad to provide it.