Posts from November 2021

The local real estate market in Coweta County has a lot to be thankful for this year. We may not think about it, but one of the most obvious reasons is our close proximity to the busiest airport in the world and the city of Atlanta. Another reason is that the fact that interstate 85 runs through the middle of our county. Coweta has attracted many types of industry and businesses through the years but big names like Amazon and Goodyear are here now. The Coweta County Development Authority does a nice job of bringing in prospective businesses to our area. Personally, I am seeing more and more employees from large companies like Chick-Fil-A , Coca-Cola and Delta purchase homes in Coweta as opposed to the northside of Atlanta. Having an affordable cost of living with attractive housing options helps us attract new people here. Having a good school system really helps as this is a very important facto...

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Has the real estate market slowed down? I receive this question a lot. The simple answer is yes. However, the market is still very busy and it is still a strong seller's market. The number of closings in Coweta County this year has decreased 5.53% since peaking in July, per the Georgia Multiple Listing Service (GAMLS). The number of closings was down 12.8%, year over year, from last September.

Another question I am often asked is about the number of homes available on the market. The listing inventory is still historically low. In June of this year there were 392 new listings on the GAMLS. That number was down to 274 in September, a 30% decrease. The number of new listings was down 13.3%, year over year, from September 2020.

As you might expect with the number of properties for sale down and demand remaining steady, the prices are still increasing. The average sales price in Co...

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