REAL-TIME MARKET NUMBERS

Smyrna, GA

Single-Family Homes

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Smyrna, GA

Mon Jun 24 2024
This week the median list price for Smyrna, GA is $599,900 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 131. Click here to stay informed with the Smyrna market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Smyrna, GA

Mon Jun 24 2024
This week the median list price for Smyrna, GA is $599,900 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 131. Click here to stay informed with the Smyrna market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Smyrna market.
Median List Price $599,900
Median Price of New Listings $632,450
Per Square Foot $237
Average Days on Market 56
Median Days on Market 35
Price Decreased 48%
Price Increased 3%
Relisted 20%
Inventory 131
Median Rent
Market Action 48
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$877,500 3,886 0.25 - 0.5 acre 5 4 18 6 6 31
$670,000 2,996 0.25 - 0.5 acre 4 3.5 24 5 5 28
$525,000 2,157 0.25 - 0.5 acre 4 3 43 4 2 42
$370,000 1,446 0.25 - 0.5 acre 3 2 62 5 0 42