Canton GA market stats from May 2024:
Median sales price for single family detached homes was $550,000, +4.8%
357 homes are listed, +38.9%
Pending (under contract) sales 141, -7.8%
Closed sales 146, -.7%
Days on market 10, +11.1%
Months supply of available homes 2.7, that is an increase of 35%!
Shows to pending 10.6, -22.1% - another great stat for home sellers
Waiting for rates to go down, whether selling or buying, is not a great idea. If rates go down significantly drawing more buyers into the market, there will certainly be multiple offer situations and prices will go up dramatically. As a seller you are thinking there is nothing wrong with that, right? Well, it's not that easy. If you are buying after you sell, you will also pay more and have a more difficult time getting the home you want under contract due to competition with other buyers. Sell now while prices are up and the market is in a much calmer state. Let's talk.