Hello, I'm Bonnie, your local real estate expert in Canton, GA. Let's take a moment to go over the most recent real estate statistics for our area, which will give you a comprehensive view of the current market trends.

Average Sales Price

The average sales price for homes in Canton currently stands at $575,430. This price indicates the general price range and desirability of our area.

New Listings

In the recent period, we've seen 155 new listings come onto the market. This is a good sign, showing that homeowners believe it's a great time to sell.

Homes For Sale

At the moment, there are 325 homes actively for sale. This gives buyers a range of options in terms of location, size, and style to choose from.

Pending Sales

We have 102 homes that are under contract, which indicates strong buyer activity and demand in the Canton area.

Closed Sales

Over the past month, 108 transactions were successfully completed. This shows the liquidity and movement of the market.

Median Days on Market

Homes in Canton are selling quickly, with the median days on the market being only 12. If you're thinking of selling, this means that, on average, homes are selling in less than two weeks!

Months Supply

The market currently has a 2.4-month supply of homes. This suggests a seller's market, as a balanced market typically has about 6 months of supply.

Percentage of Original Price

On average, homes are selling at 100% of their original asking price. This is fantastic news for sellers as it indicates that homes are being priced correctly and that buyers are willing to pay the asking price.

Price Per Square Foot

The price per square foot for homes in Canton is $197. This can help you get an idea of the value you're getting, especially when comparing homes of different sizes.

Median Sales Price

The median sales price is $517,500. This price represents the middle value of home prices when listed from lowest to highest, providing another metric to understand the market.

Conclusion

In conclusion, Canton's real estate market is dynamic and in favor of sellers at the moment. If you're considering selling your home, it's an opportune time. And if you're looking to buy, with the range of available homes, you're sure to find something that fits your needs.

Reach Out for Expert Guidance

Please reach out to me if you have any questions or if you're ready to make a move. I'm here to assist you every step of the way.

Frequently Asked Questions (FAQ):

What is the average sales price in Canton, GA?

The average sales price in Canton is currently $575,430.

How quickly are homes selling in Canton?

The median days on the market is only 12, meaning homes are selling in less than two weeks on average.

Is it a good time to sell a home in Canton?

Yes, it's a seller's market with strong buyer demand and correctly priced homes.

How many new listings are currently available in Canton?

There are 155 new listings in the recent period, indicating an opportune time to sell.

What is the months supply of homes in Canton?

Canton currently has a 2.4-month supply of homes, suggesting a seller's market.