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February 2023 Cartersville/Bartow Market Report
If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Cartersville/Bartow market.
Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home.
Our February market report showcases everything you need to know about local real estate trends.
Cartersville/Bartow County Housing Market for February 2023
Bonnie Mullinax
With over 30 years real estate experience and 3500+ satisfied clients, Bonnie has loved serving the people of the Cartesville/Bartow area...
With over 30 years real estate experience and 3500+ satisfied clients, Bonnie has loved serving the people of the Cartesville/Bartow area...
My Takeaways
Inventory is still low and will stay there for the forseeable future. However, there is definitely more for buyers to chose from since the start of the pandemic. The typical home now takes 35 days to sell rather than 8 days last year. We are seeing few multiple offers and roughly half of all homes listed have a price reduction. The average home price has dopped slightly from $333,100 to $319,600, however the median home price has stayed unchanged. We are seeing Buyers being able to negotiate some repairs and Sellers begining to pay a small percentage towards closing costs. The market has definitely shifted towards the buyer and is closer to what we were seeing just before the pandemic, but it is still firmly a Sellers Market. What has not happened is a big drop in home prices, nor do we see it in the near future.
