Sales Fall in Cobb County Real Estate Market

The Cobb County market slowed with an 8.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 1,748.2 monthly average with 1,544 homes sold. On the other hand, close-by Fulton County registered 2,111 home sales in the same period, the most of all surrounding counties. Months of inventory is on an eight-week upswing, this week hitting three months. With such low levels of inventory, Cobb County is still a seller's market, in spite of the dip in sales.

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Demographic facts about Cobb County:

  • The median age of the population is 35 years old.
  • The health cost index score in this area is 105.3. (100 = national average)
  • The area's commuter length breakdown is: <15 min (18.7%), 15-29 min (33.0%), 30-44 min (26.2%), 45-59 min (11.9%), >60 min (10.2%).

Data reported through 10/13/2016

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