Home Prices in Kennesaw GA for October 2013
Real estate market data for Kennesaw, GA provided by Anthony McCullough of Keller Williams Realty of Kennesaw.
Kennesaw Home Prices
We have seen 3 strong months of listings above 600 listings per month. Early September had a lower listing value ion home prices in Kennesaw. If you are considering buying a home you can still find deals on a house in Kennesaw but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Kennesaw home on which you are making an offer.
If you are interested in how much current inventory is on the market in Kennesaw you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Kennesaw, homes have a median time of 60 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Kennesaw has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Kennesaw Real Estate Report Summary
The median list price in October for single family homes in Kennesaw is $329,150.
The number of active listings in Kennesaw (30144) dropped by 14.3% from the previous month.
The median number of days active properties have been listed is 60. This is significantly shorter than the national average.
The number of active listings in Kennesaw (30152) dropped by 9% from the previous month.
Find Homes for Sale in Kennesaw GA
Visit my website to search for homes in Kennesaw or to be notified when Kennesaw homes come on the market.
To find out what you home is worth in the current market Click HERE or call 404-913-9206.
Provided courtesy of Anthony McCullough
Keller Williams Realty of Kennesaw
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