Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Mon Jan 21 2019
This week the median list price for Kennesaw, GA is $397,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 224. Click here to stay informed with the Kennesaw market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Kennesaw, GA

Mon Jan 21 2019
This week the median list price for Kennesaw, GA is $397,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 224. Click here to stay informed with the Kennesaw market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Kennesaw market.
Median List Price $397,000
Per Square Foot $123
Days on Market 107
Price Decreased 44%
Price Increased 9%
Relisted 22%
Inventory 224
Median House Rent $1,575
Most Expensive $2,500,000
Least Expensive $169,900
Market Action Index
Slight Seller's Advantage
37

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
$682,000 5,186 0.5 - 1 acre 5 4 13 2 5 149
$449,945 3,930 0.25 - 0.5 acre 5 4 17 7 3 128
$320,000 2,817 0.25 - 0.5 acre 4 3 21 4 4 92
$229,700 1,965 0.25 - 0.5 acre 3 2 32 9 17 57