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April Market Update: Athens

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April Market Update: Athens

Athens, Market Trends

May 27, 2020

April Market Update: Athens

By Mark Spain Real Estate

As summer approaches, let’s not forget to pay attention to the changing Athens market! Mark Spain Real Estate has summarized the key real estate trends of the Athens April market so you can stay well-informed!

Be sure to connect with us on Facebook, Instagram or LinkedIn for more insights on market trends!

The April Athens market update is curated by Mark Spain Real Estate

The Hard Facts: Athens Market

  • The number of active listings decreased 3% from the previous month
  • Average number of days units spent on the market before being sold was down 19%
  • The median sale price for a home in Athens market was at $248K
  • The number of homes sold decreased 19% month over month

What Does This Mean for You?

Buyers-

Buyers, this smaller inventory means that those who waited to buy may have had a smaller selection to choose from. The median sale price of a home decreased from $250K in March to $248K in April, which means buyers are getting better deals when purchasing homes in the Athens market. Fewer number of homes sold in the Athens market allows for buyers to negotiate better terms.

Sellers-

Sellers, the number of days home spent on the market decreased from 52 to 42 days this April. This lower number of days may signal a positive trend in the local inventory turnover rate, as sellers are able to sell their home faster than last year. The number of homes sold decreasing month over month is simply indicative of the unprecedented time we are going through. It is truly a sellers market right now, so take advantage of this opportunity! Sell your home faster and for more money during these times with Mark Spain Real Estate.

Take this time to sell your home and move to a more desired location that can better withstand living conditions for you and your family. In the Athens market, we at Mark Spain Real Estate can find you your dream home! We strive to be the most knowledgeable in the industry and will work towards exceeding your real estate goal in the Athens market!

Guaranteed Offer Program- 

At Mark Spain Real Estate, we offer a program that allows you to bypass the market and skip the process of showings and closings. This accelerates the sale of your home and allows you to move on to the next chapter in your life quicker than you could imagine. We offer a competitive cash offer which allows you to close in as little as 21 days. This is perfect for those trying to sell their homes quickly due to sudden changes. To see if you qualify for the Guaranteed Offer, visit our site!

Mark Spain Real Estate is here to help you make smart and informed real estate decisions. Navigating the real estate market can be difficult, and you don’t want to do it alone. With Mark Spain Real Estate, you’ll get maximum exposure to your Athens home coupled with an unparalleled level of customer experience. Our team knows the Athens market well, and your experience is our top priority. Contact us today to get a head start. 

Connect with us on Facebook, Instagram, Twitter, or LinkedIn to stay up to date on all things real estate! 

Mark Spain Real Estate is grateful to serve all of Metro Atlanta and Athens in Georgia, Charlotte and Raleigh in North Carolina, Orlando and Tampa in Florida, and Nashville in Tennessee!


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