Centennial High School Market Trends – August Update
(Centennial High School Market includes Alpharetta, Johns Creek and Roswell)
Year to date, the number of homes sold in our local market is down 9% compared to the same period last year.
Trends in the $400,000+ market are:
* More New Construction options
* More price reductions taking place before homes sell
Overall our market remains positive based on historical averages, and prices continue to improve.
As the Greater Atlanta market continues to grow and surrounding hot beds attract more residents, we think, long term, certain pockets in our local market have an opportunity to see meaningful appreciation, but it will also take some improvement in some of the dead zone pockets that we have along Holcomb Bridge and other areas in our community.
We always have new listings coming soon in our local market so if you or someone you know is looking for their next dream home, give us a call!