▶️ April Cobb Monthly Market Update 2024
Hey there, everyone! Paul Washington here, your friendly neighborhood REALTOR® bringing you the latest market update for Cobb County in April 2024.
Let's dive right in. Currently, we have a 1.85 Months Supply of Inventory in Cobb County. This means that if no new homes were listed, it would take about 1.85 months to sell all the existing homes on the market. Over the last 12 months, we've seen a 52.89% increase in Months' Supply of Inventory, which could indicate a shift towards a more balanced market.
The List to Sold Price percentage in Cobb County is an impressive 99.7%. This means that on average, homes are selling very close to their list price, which is great news for sellers.
The Median days on market in Cobb County is just 13 days. This means that half of the homes in the area are selling in less than two weeks, which is a testament to the strong demand for housing in the area.
And finally, the Median Sold Price in Cobb County is currently $450,000. This is a strong indicator of the overall health and stability of the market in the area.
So, whether you're a buyer looking to make a move or a seller considering listing your home, now is a great time to get in on the action in Cobb County. If you have any questions or would like more information, feel free to reach out to me at Keller Williams Realty. Thanks for tuning in, and I'll see you next time!
