We're currently in a seller's market with 4.2 months of inventory in the Cobb County and Metro Atlanta area. There is a divide at the $500K price point, where below that price point is a seller's market and above it is a buyer's market.
Overall there is a low supply of inventory on the market and we're seeing homes sell in 62 days on average. Our inventory is sitting at 4.2 months right now, so when a great home comes on the market it is selling very quickly. If you're looking to sell, then now is a good time to do so. You just need to make sure your home is priced right and in good condition.
However, it's also a good time to be a home buyer. Interest rates are extremely low, and this will save you thousands of dollars over the lifetime of a loan. Be sure to take advantage of these rates while you still can, because they won't be sticking around for too long.
Overall it's a good time to buy or sell, so if you're thinking of buying or selling this year, please don't hesitate to contact us. We are equipped to sell your home for top dollar. The most important thing is for you to get on the market soon before the flood of other buyers get here.
As always, please don't hesitate to contact us with any questions or concerns you may have!
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