Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Sat Jul 31 2021
This week the median list price for Kennesaw, GA is $395,000 with the market action index hovering around 92. This is about the same as last month's market action index of 92. Inventory has decreased to 76. Click here to stay informed with the Kennesaw market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Kennesaw, GA

Sat Jul 31 2021
This week the median list price for Kennesaw, GA is $395,000 with the market action index hovering around 92. This is about the same as last month's market action index of 92. Inventory has decreased to 76. Click here to stay informed with the Kennesaw market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Kennesaw market.
Median List Price $395,000
Median Price of New Listings $350,000
Per Square Foot $167
Average Days on Market 36
Median Days on Market 14
Price Decreased 25%
Price Increased 4%
Relisted 5%
Inventory 76
Median Rent $1,805
Market Action 92
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$850,000 5,116 0.5 - 1 acre 5 4 21 4 8 28
$450,000 2,587 0.25 - 0.5 acre 4 3 20 3 9 49
$355,000 2,395 8,000 - 10,000 sqft 4 2 22 10 9 0
$300,000 1,644 0.25 - 0.5 acre 3 2 34 12 16 0