Are house prices dropping in Georgia?
Bottom line: We’re not seeing any major home price decline or crash in the Georgia housing market just yet. The present supply of homes in Georgia still favors sellers. In July 2022, total active listings in the state increased by 44.8% year-over-year.
Is Roswell GA good place to live?
Although Roswell is one of Georgia’s largest cities, it maintains a small-town feel and is consistently rated as one of the best places to live in the State. Roswell is steeped in Southern history and charm, and the pace of life here is slower than that of bustling downtown Atlanta, just 22 miles to the south.
Will home prices drop in 2022 in Atlanta?
The result is that the average and median sales prices continue to gain traction and outpace 2021’s figures, with positive gains. The median sales price in July 2022 was $420,000, an increase of 15.1% from last year. The average sales price was $498,500, up 13.9% from the previous year.