Local Real Estate Comments and Ramblings

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Powder Springs Georgia market report

As of today there are 816 homes for sale in Powder Springs, Cobb County, Georgia.

From Jan1, 2008 through May 31,2008 there have 231 homes sold in the same area for an average of 46.2 hoes sold per month.

What this means is that at the current rate of absorbtion we have a 17.6 month supply of homes for sale. The realty is that many of the homes currently for sale will not sell. The homes that will sell are price at the midddle to lower price point for similar homes and they are in ready to move in condition.

The good news is that there are still buyers out there. The bad news is that "top dollar" today is not what it was last year. If you are selling your current home and moving to another home in the Atlanta area all of this really does not present much of a problem. Whatever theoretical loss or discount that you may take on your current home can be made up on the purchase of your next home. You may even come out ahead on the whole thing if you can adjust to the idea of a correct price on your current home.

View all Powder Springs homes for sale POWDER SPRINGS HOMES FOR SALE

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Bob Southard
Broker - Owner  Atlas Realty Service LLC #75911

O:678-439-SOLD(7653)

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Comment balloon 1 commentBob Southard • June 22 2008 12:35PM

Comments

Your right the seller may be able to make up for it in the area they buy,  Good post and interesting report.

Thanks,

Tom Davis

World Class Delaware Realtor

Posted by Tom Davis, FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor (Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today !) over 10 years ago

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