Winter Update: Woodstock Real Estate Market

home prices rising graphAs Woodstock real estate agents, our goal is to provide you with the best possible service by harnessing our real estate experience, personal knowledge of the area, and powerful Keller Williams tools. We keep a close eye on the Cherokee County housing market, so read on to check out an overview of Woodstock real estate over this winter.

January 2014 January 2013 Change
#Sold 85 58 +46.6%
Median Price $177,715 $150,950 +12.8%
Price per Square Foot $90 $76 +18.4%
Avg Days on Market 57 79 -27.8%
Months’ Supply 4.8 5.8 +16.4%

 

The housing market in Woodstock continues to improve, making this a great time to sell your home. Decreased inventory, decreased Days on Market (DOM), and the 46.6% increase in homes sold indicate that demand is high. In turn, median home prices have gone up $12.8%, from $150,950 in January of 2013 to $177,715 in January of 2014. Price per square foot is up 18.4%, from $76 to $90.

Take advantage of the spring real estate season, when buyers are plentiful and motivated. If you are ready to put your Woodstock home on the market, contact The Premier Group today!

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