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Subscribe to this list via RSS Blog posts tagged in Cobb County Real Estate
Please remember that providing this information takes a lot of work. I am doing it to generate business,
not just to provide information. Please refer people who are thinking of selling or buying to me.

COBB COUNTY REAL ESTATE MARKET
Datthrough  July 2012!

THERE IS A SHORTAGE OF INVENTORY.
PRICES ARE LIKELY TO BE GOING UP!
Find me at:
  
Contact me at 678-982-3900, and
SIGN with SIG
 
  
Cobb County Statistics through JULY 2012.
                             

  • The inventory is stabilizing at a low level or going down!
  • Pending sales leveling off.
  • Closed sales are slightly down level from last month. 
  • Closed sales in July are UP from July of last year.
  • Do you want to work with the best? --  If so    SIGN with SIG!
 AVERAGE PRICE PER SQ. FT. FOR COBB COUNTY 
THROUGH JULY 2012

















Prices dippeover the past year, and are back slightly higher than a year
ago.
At $81.00 per square foot we are at a point where it may make sense
to build, if the land is cheap enough.
You get more for your money in a resale!
I don't believe that the huge number of foreclosures is as large a problem
as many people anticipate.
Contact me for more information    678-982-3900  and  SIGN with SIG

-----------------------------

Selling Data through July
Good houses offered at a fair price sell FAST,
frequently with multiple offers.
The selling prices that have dipped over the past year,
are back where they were a year ago.
A good house at a fair price may attract multiple offers.
You NEED an agent experienced when it comes to multiple offers.
Call me at  678-982-3900   and   SIGN with SIG !
 

Pricing a house in this market is difficult.
The traditional "Comparative Market Analysis" is no longer adequate.
Additional data is needed, to which I have access
With a Doctorate from M.I.T. I know my numbers and how to do research!
On August 15 I will take a 3 hour course for continuing education
credit regarding appraisal methods.

 
MONTHS OF INVENTORY FOR COBB IN JULY 2012.
 
Months of inventory is a key gauge for the likely trend in house prices.
 Less than 6 months of inventory should point towards higher prices.
The low inventory points towards increasing prices.
 
 
------------------------------------------------------------------------------------------------------------------
AVERAGE MONTHS ON MARKET.
Months on market peaked over the past year.
In July 2012 the days on market was below July a year ago.


 
Information is believed accurate but is not guaranteed. 
© Sigurd Hoyer except where otherwise noted, indicated or implied.
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This is the latest inventory and sales information for Cobb County. The inventory seems to be stabilizing as of March 2012, sales are not much changed from February 2012 and comparable to March last year. Pending transactions are up which is a good sign!

 

120412 - March Cobb County Inventory etc.png

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"COBB COUNTY's HOUSING INVENTORY STABILIZING" - What does that mean? -- When sellers and buyers are "in balance" it implies stable prices. Generally speaking inventory is "in Balance" when we have 6 months of inventory, meaning that on the average it takes 6 months to sell a house. - The chart below shows that in Cobb County we seem to be stabilizing at around that figure. - The chart shown below may indicate that prices are stabilizing. At least it looks better than it did a year ago! However, prices are low and may be unexpectedly low depending on how much work a house may require. The "Comparative Market analysis" is subject to interpretation depending on the condition of a house. - MORE STATISTICAL INFORMATION TO COME IN FUTURE BLOGS. KEEP CHECKING BACK!

BY THE WAY: I NEED LISTINGS! Call me at 678-982-3900!

120412 - March Cobb County Months of Inventory

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My Real Estate newsletter provides statistical facts for Cobb County Real Estate. Links to similar facts for Paulding and Cherokee Real Estate are being added.

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