The Carlson Residential Team's Market Report

Kennesaw, GA

Single-Family Homes

Realtor @ Ansley Real Estate | Christie's International | 678-488-9646



Kennesaw, GA

Sat Aug 13 2022
This week the median list price for Kennesaw, GA is $450,000 with the market action index hovering around 61. This is less than last month's market action index of 69. Inventory has increased to 157. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Aug 13 2022
This week the median list price for Kennesaw, GA is $450,000 with the market action index hovering around 61. This is less than last month's market action index of 69. Inventory has increased to 157. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $450,000
Median Price of New Listings $425,000
Per Square Foot $186
Average Days on Market 54
Median Days on Market 28
Price Decreased 44%
Price Increased 3%
Relisted 19%
Inventory 157
Median Rent
Market Action 61
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$750,000 4,435 0.5 - 1 acre 5 4.5 19 6 1 28
$499,900 2,971 0.25 - 0.5 acre 4 3 22 5 3 28
$415,000 2,223 0.25 - 0.5 acre 4 2.5 26 6 2 28
$340,000 1,481 0.25 - 0.5 acre 3 2 37 8 7 24