Posts from May 7th, 2025
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7
Coweta County Real Estate Market Update
We are seeing a significant shift in the local real estate market in Coweta County. Listing supply is up and demand has decreased from the intense peak of just a few years ago. Prices are even cooling, some. On the day that I am writing this article, there are 803 residential properties for sale in Coweta County per the Georgia Multiple Listing System (GAMLS). This is a significant increase from just a few years ago when there were about 200 homes for sale on average. New listings have increased at least 27 percent, or more, each month in the first quarter of 2025 from the first quarter of 2024. Many homeowners are hoping to catch the hot sellers' market of the last few years. Other sellers are tired of waiting for interest rates to cool down and are ready to list their property and purchase a new one. More on this later.
Pending sales and closed sales have decreased year over year in the first quarter of 2025. We are seeing less showings, traffic and activity with our listi...