Acworth Real Estate Market Slumps to Contracts Low

Over the last 30 days, 55 homes went under contract in the Acworth market, the lowest amount since January. As the market appears to be nearing a bottom, there were 55 homes sold over the same period. In comparison, Roswell led all other nearby municipalities with 252 contracts executed. Prices are rising in Acworth, and the median sales price this period increased from $177,000 to $179,900. In spite of contracts trending lower, there are only three months of inventory available, which signals that Acworth is a still seller's market.

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Demographic facts for Acworth:

  • The total number of vacant homes in the area is 8.4%.
  • The area gets an average of 214 sunny days each year. (U.S. average: 205)
  • The student per librarian ratio in this area is 633:1. (803:1 = national average)

Data reported through 10/12/2016

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