West Cobb Housing Market Report 2012 – West Cobb Real Estate Statistics

| March 5, 2013 | Reply

 West Cobb Housing Market 2012

This West Cobb Housing Market Study focuses on homes that sold over $300,000 in the Harrison, Allatoona, McEachern, Marietta, Kennesaw Mountain, and Hillgrove high school zones. I used the following criteria on my study:

  • School zones mentioned above
  • No land, townhouses or condos were used in the study
  • Sales over $300,000 – which represents roughly 20% of the homes sold in West Cobb
  • Data pulled from the First Multiple Listing Service in Atlanta
  • Data isn’t warranted in any way

2:00 – Number of west cobb home sales by school zone

  • Harrison and Kennesaw Mountain Schools have approximately 56% of sales over $300,000

    West Cobb Housing Market

2:54 – Percentage of homes sold by price range in West Cobb

  • $300k to $400k – 63%
  • $400k to %400k – 22%
  • $500k or more (West Cobb Luxury Homes Market), 15% of the market over $300k.

West Cobb 2012 Sales Report.005-008

3:47 – Monthly West Cobb Sales in 2011 and 2012

  • Almost every month saw an increase
  • Q1 – 14% increase,  Q2 – 30% increase, Q3 – 10% increase, Q4- 39% increase in home sales
  • Over the past 4 years, home sales in West Cobb tend to peak in May, June, and July

    West Cobb 2012 Sales Report.007-005

5:10 – Year by year West Cobb home sales since 2009

  • 2009 had a false peak in July due to first time homebuyer tax credit (456 sales)
  • 2010 was the worst year in the West Cobb housing market since the crash happened in 2008 (380 homes sold)
  • 2011 was an improvement over 2010 (393 home sales in West Cobb)
  • 2012 is the best year in West Cobb home sales (481 sales)

7:10 – Average/median sales price in 2011, 2012, and the number of homes sold in Harrison, Hillgrove, Kennesaw Mountain, McEachern, Marietta, and Allatoona high school zones.

Links to read: http://business.time.com/2013/03/05/us-home-prices-rose-by-most-in-nearly-7-years/

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Category: Kennesaw homes for sale, West Cobb Real Estate

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