Mid Year Real Estate Report for Mableton

The numbers look good. Real estate sales are steady.

If you were doubtful of the market, you need not to be. Mableton is primed to have a great summer selling season.  Georgia MLS statistics show 381 homes SOLD in the last 12 months in Mableton.  Currently there have been 195 homes SOLD in the last 6 months and 92 homes sold in the last 90 days. On average there is at least one home that sells each day in Mableton.  We are holding steady at 5.1 months of inventory. That means that if there were no new homes placed on the market after today, at the rate in which homes are selling in Mableton, we would run out of homes within 5.1 months. Experts say that when the months of inventory get below 5 months, the market shifts to a seller’s market, which is great news if you are thinking of selling a home.  At the rate we are going with homes sales, we may have an opportunity to take a turn for the better with our economy.  And owners in the position to break even or profit a bit when they sell their property, can still relocate and find deals on the homes that they can grow their equity in the years to come.

 With several elections coming ahead this year, it should prove to be an interesting year all around. If you like the particulars on what is selling in your neighborhood, visit www.GotMableton.com for a free over the web property analysis or call 678-929-8330.