The real estate market in Georgia has begun to show signs of recovery from the economic recession. At the moment, there are a total of 104,538 homes for sale across Georgia, but certain areas are rebounding faster than others.
A look into the real estate market report reveals that the average sold price of Marietta, GA homes for sale in 2009 was $255,900. This figure indicates a decrease of 11.3% when compared to the average sold price of $288,600 the previous year. The current average list price of a Marietta, GA home for sale is $347,250.
The real estate market in Georgia has not been affected as dramatically as many other markets across the nation. As the real estate market in Georgia shows signs of recovery-specifically homes in Cobb County-from the recession, prices have begun to rise again as inventory continues to drop and buyers begin to return to the market spurred on by low prices, low interest rates and tax credits.
Homes for sale in Marietta and the metropolitan Atlanta area offer a good opportunity for Walden
investment at this time. The chief advantage of opting for real estate in Marietta, GA or neighboring Kennesaw, GA is the price/value of these homes, especially when compared to many of the larger cities in the United States. While homes for sale in Marietta, GA can go up into the millions, the average price is just under $350,000 and the average age of Marietta homes for sale is just 15 years. This excellent price/value relationship, combined with the fact that the average income of individuals is on par with national averages, makes Marietta, GA an attractive location to live.
Purchasing a home for sale in Marietta, GA is also a good idea due to its location being only fifteen miles from Atlanta city limits. It is not only part of one of the largest suburban areas in the metro-Atlanta area, but also offers excellent schools, parks and recreation, dining and other family related activities. In fact, Marietta, GA was named on the Today show in October 2009 as one of the top 4 places in the US to buy a home. In addition, the wide range of housing options, including townhomes, condos, lofts and single family homes in Marietta, makes Marietta, GA a preferred choice among first time homebuyers as well as families and young professionals.
When looking to make a purchase of one of the homes for sale in Marietta, you should seek the assistance and guidance of an experienced and knowledgeable real estate agent. Please feel free to contact me to start your Marietta, GA or Kennesaw, GA home search.