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November 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 November 2023
Bonnie's Takeaways
We are almost at the end of the year. November is traditionally the slowest time of the year in home sales. However, this has been the slowest November in the past 10 years. Only 79 single family homes have sold which is down 22% over this time last year. However, with that being said, every other statistic is up. There are slightly more homes on the market and that brings the months worth of homes that we have in inventory up to 4.5 months. Even with more homes on the market and more competition for those available buyers, The average home price and the median home price is still rising. Experts are predicting a slow drop in mortgage rates next year and a continuing rise in home prices in some areas and a drop in others. As they say, location, location, location and I believe the Cartersville/Bartow area is in a very desirable area.