Atlanta Real Estate Market Update Jan 19th Edition
Overall the market is still hot! It's still heavily on the seller side for price ranges under $300,000 for most area and under $200,000 for more rural areas.
Cobb County Homes
Average number of home sold per month is down and the overall months of inventory (absorption rate) is up to 3.5 months which is up about a half month. This means it's still favors home sellers but that inventory levels are increasing.
Gwinnett County Homes
Gwinnett is now into the 4+ months of inventory of homes for sale and this increase of the overall county means that some areas are back to a balance market. In fact, most home owners over $300,000 can expect a fierce competition with home builders and…