2020 Q4 Market Report_Digital | Page 25

DETACHED HOMES UNDER $ 1M
ATTACHED HOMES UNDER $ 1M
Kennesaw | Q4 2020
Q4 2020 Q4 2019 % change
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
44
345 $ 464 $ 344 27 0.5
162
295 $ 407 $ 309
48 2
-73% + 17 % + 14 % + 11 % -44% -76%
Total Homes
For Sale

44

Total Homes
Sold

365

Average List Price ( 000 )
$

464

Average Sold Price ( 000 )
$

344

SELLER ’ S MARKET
0-6 Months ’ Supply
Demand exceeds supply driving home prices up , giving the seller the upper hand in negotiating .
6 Months ’ Supply
Balanced market with stable supply and demand
BUYER ’ S MARKET
6 + Months ’ Supply
Supply exceeds demand , driving home prices down , giving the buyer the upper hand in negotiating .
Average Days On Market
27
Months ’ Supply

0.5

Source : Trendgraphix All data believed to be accurate , but not warranted .
ATTACHED HOMES UNDER $ 1M Kennesaw | Q4 2020
Q4 2020 Q4 2019 % change
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
11
71 $ 315 $ 248 31 0.5
51
72 $ 264 $ 220 58 2.3
-78% -1% + 19 % + 13 % -47% -77%
Total Homes
For Sale

11

Total Homes
Sold

71

Average List Price ( 000 )
$

315

Average Sold Price ( 000 )
$

248

SELLER ’ S MARKET
0-6 Months ’ Supply
Demand exceeds supply driving home prices up , giving the seller the upper hand in negotiating .
6 Months ’ Supply
Balanced market with stable supply and demand
BUYER ’ S MARKET
6 + Months ’ Supply
Supply exceeds demand , driving home prices down , giving the buyer the upper hand in negotiating .
Average Days On Market
31
Source : Trendgraphix All data believed to be accurate , but not warranted .
Months ’ Supply

0.5

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