Path & Post Real Estate

Kennesaw, GA

Single-Family Homes

Market Report | homes@pathpost.com



Kennesaw, GA

Mon Mar 08 2021
This week the median list price for Kennesaw, GA is $339,950 with the market action index hovering around 81. This is an increase over last month's market action index of 79. Inventory has held steady at or around 44. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Kennesaw, GA

Mon Mar 08 2021
This week the median list price for Kennesaw, GA is $339,950 with the market action index hovering around 81. This is an increase over last month's market action index of 79. Inventory has held steady at or around 44. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Kennesaw market.
Median List Price $339,950
Per Square Foot $168
Days on Market 7
Price Decreased 9%
Price Increased 5%
Relisted 2%
Inventory 44
Median Rent $1,795
Most Expensive $875,000
Least Expensive $215,000
Market Action 81
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
$600,000 3,843 0.25 - 0.5 acre 5 3 17 6 5 0
$435,000 2,405 0.25 - 0.5 acre 4 2 5 5 5 14
$319,500 1,589 0.25 - 0.5 acre 3 2 22 4 2 21
$275,000 1,608 0.25 - 0.5 acre 3 2 34 7 9 0