February Market Update: Athens
Mark Spain Real Estate has analyzed the market in the February Market Update! The month of February is reaching its end! As spring approaches, let’s not forget to pay attention to the changing market! Mark Spain Real Estate has summarized the key real estate trends of the February Athens market so you can stay well-informed!
Mark Spain Real Estate strives to continuously grow and improve. Some ways we do this is by analyzing markets, going through extensive trainings, and exercising our minds daily. We increase our knowledge to keep up with the ever-changing conditions in the market and technology to stay on top! We are thankful for a team that is dedicated to improving! You can feel rest-assured knowing your agent is the most knowledgable in the industry!
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The Hard Facts: Athens Market Update
- The number of active listings is up 9% from previous months
- The median listing is at $299K, an increase from last month’s listing price at $289K
- A home’s average days on market is down 13% compared to last year
- The number of homes sold has decreased 31% month over month
What Does This Mean For You?
Buyers, the increase in active inventory listings in the Athens market means you have more options to choose from when finding the perfect home. Also, the decrease in number of homes sold may indicate that buyers can negotiate better terms for their contracts!
Sellers, an increase in the listing price may give you higher offers on your home than before. Also, the lower number of days a home is on the market for may signal a positive trend in the local inventory turnover rate. Even though the amount of homes sold as decreased month over month, don’t let this get you down! The Athens market is always changing. As the spring season approaches we may soon face more changes in the market!
Guaranteed Offer Program
Mark Spain Real Estate has multiple programs to fit our clients needs. We have the Guaranteed Offer Program that generates a competitive cash offer to bypass the market for our clients that need to sell quick and for more money! You can skip the showings and open houses that come along with selling a home. This alleviates the stress that many sellers feel during this time. You can close in as little as 21 days with the Guaranteed Offer Program! To see if you qualify for this program, visit Mark Spain Real Estate’s site!
Does the Athens February market update have you thinking about moving? 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. Our team knows this city and surrounding neighborhoods and your experience is our top priority. Contact us today to get a head start.
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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!