Today, we will be looking at the market summary for Henry County, GA. Henry County, GA is located approximately 25 miles southeast of downtown Atlanta. There are 7 cities in Henry county: Ellenwood, Hampton, Locust Grove, Luella, McDonough, Ola, and Stockbridge.
Whether you are shopping at the Tanger outlet mall, playing golf, or spending the weekend at a NASCAR event at the Atlanta Motor Speedway, there is something for everyone in the area. This is probably why this has been one of Georgia's fastest growing counties in recent years.
And now, on to the numbers.
The Area of the Day is: Henry County, GA. These stats are for single family homes and were obtained from GAMLS.
- Active Listings: 3949
- Under Contract: 360
- Sold in the last 3 months: 708
Of the 3949 active listings, 1852 are priced between $100,000 - 200,000. There have been 412 sales in the last 3 months in this price range.
WOW! We have had an increase in sales since the last time I posted this information. YEAH! Unfortunately not the extreme jump that we were hoping for. But we are going up! (Trying to find an upside!)
That is approximately a 17 month supply of inventory in this price range alone. As a seller, you should know that it is all about price. This information still screams price reduction.
As a buyer looking for a vibrant area with plenty of activities, there are some phenomenal opportunities in Henry County.
As always, you comments are welcome. How do you feel about these numbers?
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