In this week's report, the number of homes sold in the Hogansville market dropped to seven over the past 30 days, a decrease of 12.5% from last week's report, but still above the monthly average. In comparison, nearby Newnan had 69 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Hogansville, and for this period the median sales price slid from $92,250 to $89,500. Despite the slip in sales, a relatively low three months of inventory indicates that Hogansville is a seller's market.
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