Prime Selling Season: Spring Momentum
Spring is traditionally the most active and profitable time to sell a home in Georgia. Homes listed between March and June tend to sell faster and at higher prices due to increased buyer activity and favorable weather conditions . Specifically, May has historically yielded the highest seller premiums, with homes selling for up to 13.1% above their estimated market value.
đ Strong Market Fundamentals
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Home Values: The average home value in Georgia has risen to $326,316, marking a 1.0% increase over the past year.
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Inventory Levels: There are currently 48,879 homes for sale in Georgia, a 13.7% increase year-over-year . This rise in inventory provides more options for buyers, potentially leading to quicker sales for well-priced homes.
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Days on Market: Homes are spending an average of 46 days on the market before going under contract, indicating steady demand.
đď¸ Regional Growth and Demand
Certain areas in Georgia are experiencing notable growth. For instance, cities like Savannah, Athens, and Gainesville are projected to see continued home price increases through August 2025 . Additionally, counties adjacent to major metro areas, such as Bryan County, have seen significant population growth, which can drive housing demand .â
Favorable Legislative Changes
Georgia voters have approved a constitutional amendment capping property tax increases based on inflation. This measure aims to provide long-term relief to homeowners and could make properties more attractive to potential buyers concerned about rising taxes.
đ Economic Stability
Georgia’s robust economy, characterized by a low unemployment rate of 2.8%, contributes to a healthy real estate market.Economic stability often translates to increased buyer confidence and activity.
â Bottom Line
Given the current market conditionsâseasonal advantages, rising home values, increased inventory, regional growth, favorable legislation, and economic stabilityânow is an opportune time to sell your home in Georgia. To capitalize on these factors, consider listing your property soon, ideally on a Thursday or Friday, to maximize visibility among weekend house hunters.
If you’re interested in a personalized market analysis or need assistance connecting with a local real estate expert in Decatur or the greater Atlanta area, feel free to ask!
- Download your free copy of my Home Sellerâs Guide:Â https://ow.ly/1j3O50UNses
Looking for a trusted real estate agent and partner you can trust with Knowledge, Experience and Local Insights? Iâd love to learn more about you and how I can help you reach your real estate goals! Watch my video Introduction: https://www.youtube.com/watch?v=zSP8xkbaCIU
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