The Acworth real estate market continues to improve as the median sales price increased 16.2% from May to $215,000. The increases don’t stop there either. A quick overview of the market can be seen below:
| Total Sold Dollar Volume | $22,850,075 | +40.1% | -8.2% |
| Closed Sales | 95 | +26.7% | -7.8% |
| Median Sold Price | $215,000 | +12.6% | +16.2% |
| Average Sold Price | $240,527 | +10.6% | -0.5% |
| Median Days to Contract | 30 days | +7.1% | +42.9% |
| Average Days to Contract | 63 days | +46.5% | +1.6% |
| Median Days to Settle | 71 days | -7.8% | +10.9% |
| Average Days to Settle | 112 days | +19.2% | +9.8% |
| Median Price per Sq Foot | $84 | +1.2% | -1.2% |
| Avg Sold to Orig List Ratio | 96.32% | +0.7% | +0.6% |
There are also several businesses moving to our area which has increased demand for housing. These include:
- Lakepoint Sports Complex opening in 2016
- Braves Stadium moving to West Cobb in 2017
- Keurig opening a new business in Lithia Springs in Douglas County
- Mixed used development planned for the Intersection of Cobb/Barrett Parkway
- Continued expansion of Kennesaw State University
- Home Depot Kennesaw Contact Center planned for 2015
- and more
If you would like a more detailed market analysis, or to find out the market value of your home, please let us know. We offer a free market valuation here. And if you would like to be updated monthly with real estate market trends, please complete the form below: