North Fulton market update

Brought to you by Wesley Hansard, Harry Norman Realtors

The North Fulton Real Estate Market had a very strong Q1 in 2023. We continue to see home prices rise and the lack of inventory in the overall market is pushing the demand and prices higher. We did see a longer, but normal, average days on market for the start of Q1. Coming out of the holidays and the high interest rates, compared to 2022, contribute to this. We are, also, not seeing as many over asking price contracts, as compared to 2022. In the first Quarter, the average sales price to listing price ratio was 98.3%. In 2022, this ratio was around 101%! If you are looking to buy or sell, you need to be informed about what is going on in the industry, and I would be happy to help you out.