New Strong Trend in Contracts for Cedartown Real Estate Market

The Cedartown market took a breather this week as sales fell to three homes sold over the last 30 days. However, the number of homes under contract shows a long upward trend, and is now at 10. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. A months of inventory number of 20 reported this week continued a four-week upward trend, even with the strong contracts in the area. With decreasing sales and the availability of so much inventory, Cedartown is a strong buyer's market.

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Demographic facts for Cedartown:

  • The median age of all homes is 43.
  • The average snowfall is 2.2 inches per year. (U.S. average: 25)
  • This area has an average school expenditure per student of $5,107. ($5,691 = national average)

Data reported through 10/12/2016

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