Single-Family Homes
Tue Mar 02 2021
This week the median list price for Acworth, GA is $397,295 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has held steady at or around 101.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Median List Price | $397,295 | |
Per Square Foot | $161 | |
Days on Market | 35 | |
Price Decreased | 18% | |
Price Increased | 18% | |
Relisted | 9% | |
Inventory | 101 | |
Median Rent | $1,795 | |
Most Expensive | $1,600,000 | |
Least Expensive | $34,000 | |
Market Action | 56 | |
Strong Seller's Market |
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$818,746 | 3,433 | 1 - 2.5 acres | 5 | 3 | 20 | 2 | 4 | 77 |
$433,200 | 2,680 | 0.25 - 0.5 acre | 4 | 3 | 1 | 6 | 5 | 42 |
$350,000 | 1,997 | 0.25 - 0.5 acre | 3 | 2 | 22 | 7 | 9 | 28 |
$220,950 | 1,431 | 0.25 - 0.5 acre | 3 | 2 | 34 | 13 | 11 | 7 |