Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Mon Mar 01 2021
This week the median list price for Kennesaw, GA is $339,900 with the market action index hovering around 78. This is an increase over last month's market action index of 77. Inventory has held steady at or around 43. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Kennesaw, GA

Mon Mar 01 2021
This week the median list price for Kennesaw, GA is $339,900 with the market action index hovering around 78. This is an increase over last month's market action index of 77. Inventory has held steady at or around 43. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Kennesaw market.
Median List Price $339,900
Per Square Foot $171
Days on Market 14
Price Decreased 16%
Price Increased 5%
Relisted 7%
Inventory 43
Median Rent $1,803
Most Expensive $989,500
Least Expensive $129,000
Market Action 78
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$571,391 3,093 0.25 - 0.5 acre 4 3 1 2 3 66
$409,900 2,646 0.25 - 0.5 acre 4 2 11 3 3 14
$316,000 1,510 0.5 - 1 acre 3 2 27 2 7 14
$234,900 1,264 0.25 - 0.5 acre 3 2 36 5 4 7