Tim Maitski

Northwest Cobb average prices have been showing a slow downtrend over the past 18 months. The number of transactions have really gone down dramatically.

This area includes Acworth and Kennesaw and is in the northwest part of Cobb County.

Total days on market shot up to 132 and the sales price to original list price ratio went below 90%.

The numbers below are for single family detached homesin FMLS area 75. Links to stats for other areas are at the bottom of the page.

Year over year, total transactions decreased from 75 to 35 (-53%)

Year over year, average sales price decreased from $174,867 to $165,223 (-6%)

All data for graphs is taken from the FMLS statistics put out by Smart Numbers.

For other market areas as shown in the following map, please click on the links below.

All areas combined: Summary of all FMLS areas

Area 13: North Fulton, Alpharetta/Roswell West of 400
Area 14: North Fulton, Alpharetta East of 400
Area 131: Sandy Springs North of 285
Area 132: Sandy Springs Southe of 285
Area 21: Buckhead
Area 23: Midtown/Virginia Highlands
Area 31: South Fulton, West End
Area 33: South Fulton outside 285
Area 81: East Cobb, North
Area 82: East Cobb, Central
Area 83: East Cobb South
Area 72: South Cobb
Area 73: Cobb West Central
Area 74: Cobb West
Area 75: Cobb Northwest
Area 121: North DeKalb, Dunwoody
Area 41: DeKalb, Tucker
Area 42: DeKalb, Stone Mountain
Area 43: DeKalb South
Area 221: Forsyth East
Area 222: Forsyth Southwest
Area 62: Gwinnett, Duluth/Buford
Area 64: Gwinnett, Southwest
Area 161: Clayton County

West Cobb average prices are starting to show a downtrend. The number of transactions have definately been going down over that last few years.

I think that this is a great area to consider especially if you can snag a good foreclosure deal. The public schools seem to remain highly ranked and it has great access to the Town Center Mall. There are some really nice homes that have been built in the area.

The numbers below are for single family detached homesin FMLS area 74. Links to stats for other areas are at the bottom of the page.

Year over year, total transactions decreased from 63 to 53 (-16%)

Year over year, average sales price decreased from $320,871 to $243,796 (-24%)

All data for graphs is taken from the FMLS statistics put out by Smart Numbers.

For other market areas as shown in the following map, please click on the links below.

All areas combined: Summary of all FMLS areas

Area 13: North Fulton, Alpharetta/Roswell West of 400
Area 14: North Fulton, Alpharetta East of 400
Area 131: Sandy Springs North of 285
Area 132: Sandy Springs Southe of 285
Area 21: Buckhead
Area 23: Midtown/Virginia Highlands
Area 31: South Fulton, West End
Area 33: South Fulton outside 285
Area 81: East Cobb, North
Area 82: East Cobb, Central
Area 83: East Cobb South
Area 72: South Cobb
Area 73: Cobb West Central
Area 74: Cobb West
Area 75: Cobb Northwest
Area 121: North DeKalb, Dunwoody
Area 41: DeKalb, Tucker
Area 42: DeKalb, Stone Mountain
Area 43: DeKalb South
Area 221: Forsyth East
Area 222: Forsyth Southwest
Area 62: Gwinnett, Duluth/Buford
Area 64: Gwinnett, Southwest
Area 161: Clayton County

West Central Cobb average prices are continuing to go down along with a decrease in the number of transactions.

This is a large market area that goes from I-75 in Smyrna and Marietta west to the Paulding county border. One needs to be careful about using these stats to make a general evaluation for the entire area.

Sales to original list price ratio has been steadily dropping and is now around 86%.

The numbers below are for single family detached homesin FMLS area 73. Links to stats for other areas are at the bottom of the page.

Year over year, total transactions decreased from 94 to 72 (-23%)

Year over year, average sales price decreased from $178,538 to $147,084 (-18%)

All data for graphs is taken from the FMLS statistics put out by Smart Numbers.

For other market areas as shown in the following map, please click on the links below.

All areas combined: Summary of all FMLS areas

Area 13: North Fulton, Alpharetta/Roswell West of 400
Area 14: North Fulton, Alpharetta East of 400
Area 131: Sandy Springs North of 285
Area 132: Sandy Springs Southe of 285
Area 21: Buckhead
Area 23: Midtown/Virginia Highlands
Area 31: South Fulton, West End
Area 33: South Fulton outside 285
Area 81: East Cobb, North
Area 82: East Cobb, Central
Area 83: East Cobb South
Area 72: South Cobb
Area 73: Cobb West Central
Area 74: Cobb West
Area 75: Cobb Northwest
Area 121: North DeKalb, Dunwoody
Area 41: DeKalb, Tucker
Area 42: DeKalb, Stone Mountain
Area 43: DeKalb South
Area 221: Forsyth East
Area 222: Forsyth Southwest
Area 62: Gwinnett, Duluth/Buford
Area 64: Gwinnett, Southwest
Area 161: Clayton County

South Cobb average prices have gone down quite a bit in the last 18 months. There has been a definate downtrend in prices. The number of homes selling have also dropped.

This is a large market area that goes from the Perimeter in Smyrna west to the Paulding county border. It includes Mableton, Powder Springs and Austell. One needs to be careful about using these stats to make a general evaluation for the entire area.

Average number of days on the market spiked up to 151 and sales to original list price ratio has gone down to around 85%.

The numbers below are for single family detached homes in FMLS area 72. Links to stats for other areas are at the bottom of the page.

Year over year, total transactions decreased from 97 to 81 (-16%)

Year over year, average sales price decreased from $234,167 to $196,788 (-16%)

All data for graphs is taken from the FMLS statistics put out by Smart Numbers.

For other market areas as shown in the following map, please click on the links below.

All areas combined: Summary of all FMLS areas

Area 13: North Fulton, Alpharetta/Roswell West of 400
Area 14: North Fulton, Alpharetta East of 400
Area 131: Sandy Springs North of 285
Area 132: Sandy Springs Southe of 285
Area 21: Buckhead
Area 23: Midtown/Virginia Highlands
Area 31: South Fulton, West End
Area 33: South Fulton outside 285
Area 81: East Cobb, North
Area 82: East Cobb, Central
Area 83: East Cobb South
Area 72: South Cobb
Area 73: Cobb West Central
Area 74: Cobb West
Area 75: Cobb Northwest
Area 121: North DeKalb, Dunwoody
Area 41: DeKalb, Tucker
Area 42: DeKalb, Stone Mountain
Area 43: DeKalb South
Area 221: Forsyth East
Area 222: Forsyth Southwest
Area 62: Gwinnett, Duluth/Buford
Area 64: Gwinnett, Southwest
Area 161: Clayton County

The south eastern part of East Cobb has been holding up pretty well as far as average price goes. Prices have been flutuating within the same range over the past 2-3 years. The number of homes selling have dropped dramatically.

Average number of days on the market spiked up to 204 and sales to original list price ratio has gone down to around 90%.

I'm starting to see a few more foreclosures come up in this area but they still seem to be relatively rare. The high ranking school districts are a big plus in this area. I think that when people in the Sandy Springs area can't afford to send their kids to private school anymore, East Cobb, just across the Chattahoochee River, will be the first place these families consider moving to.

The numbers below are for single family detached homes in FMLS area 83. Links to stats for other areas are at the bottom of the page.

Year over year, total transactions decreased from 31 to 22 (-29%)

Year over year, average sales price increased from $397,600 to $405,369 (+2%)

All data for graphs is taken from the FMLS statistics put out by Smart Numbers.

For other market areas as shown in the following map, please click on the links below.

All areas combined: Summary of all FMLS areas

Area 13: North Fulton, Alpharetta/Roswell West of 400
Area 14: North Fulton, Alpharetta East of 400
Area 131: Sandy Springs North of 285
Area 132: Sandy Springs Southe of 285
Area 21: Buckhead
Area 23: Midtown/Virginia Highlands
Area 31: South Fulton, West End
Area 33: South Fulton outside 285
Area 81: East Cobb, North
Area 82: East Cobb, Central
Area 83: East Cobb South
Area 72: South Cobb
Area 73: Cobb West Central
Area 74: Cobb West
Area 75: Cobb Northwest
Area 121: North DeKalb, Dunwoody
Area 41: DeKalb, Tucker
Area 42: DeKalb, Stone Mountain
Area 43: DeKalb South
Area 221: Forsyth East
Area 222: Forsyth Southwest
Area 62: Gwinnett, Duluth/Buford
Area 64: Gwinnett, Southwest
Area 161: Clayton County