Woodstock Real Estate Update: August 2015

August real estate statistics Woodstock GAAugust in Woodstock was another strong month for home sales, but the end-of-summer slowdown was in evidence in the local real estate statistics for both Downtown Woodstock and the rest of Cherokee County.

Read on to see the August real estate statistics in Woodstock and Cherokee County for single family detached homes, and if you’re ready to put your  home on the market, give The Premier Group a call. Our team of experienced Keller Williams Realty agents is here to help with all of your real estate needs in the north Atlanta area, from marketing and selling your house to helping you find a perfect new place to call home.

August 2015 residential real estate statistics in Woodstock and Cherokee County, Georgia

Woodstock Cherokee County
# Homes Listed 196 552
# Under Contract 162 349
# Sold 175 413
Average Days on Market (DOM) 36 47
Average Sales Price to List Price (Ratio) 97% 98%
Average Sales Price to List Price (Actual) $243,094/$249,744 $244,959/$250,971

The number of homes listed last month in Woodstock dropped from 238 to 196, and in Cherokee County fell from 636 to 552. Homes under contract increased from 101 to 162 in Woodstock and 233 to 349 in the county, while homes sold fell from 211 to 175 for Woodstock and 476 to 413 in the county. These changes are typical for the season. By late summer, fewer people are putting their homes on the market and more people are trying to close and settle in to a new place before school starts back for the kids.

Days on market dropped from 38 to 36 in Woodstock and from 52 to 47 in Cherokee County, reflecting that end of summer crop of motivated buyers. The sales price to list price ratio remained the same at 98% in Cherokee County and dropped 1% in Woodstock to 97%.

If you have any questions about the local residential real estate market in Woodstock, Towne Lake, and Cherokee County, give us a call at 678-494-0102!

FMLS SF Detached residences data Provided by The Premier Group, Keller Williams Realty Partners, Woodstock GA. Data believed to be accurate, but not warranted.

Photo by jill111 via Pixabay