This past week, Week 32, produced another strong showing yielding 137 YTD binding contracts in the Walton High School resale single family detached $600k+ market.
Although 2020 took the early lead over last year, the economic shutdown prompted buyers and sellers to pause and 2020 fell behind last year YTD totals beginning Week #17, and continued to trail until last week. While this “recovery” is great news for the higher value Walton market the boasting needs to be tempered a bit as 2018 offers another benchmark to monitor.
|YTD Wk 32||137||132||143||102||97||90|
Weekly binding agreement charts for 2015 – 2019 are available on the Covid-19 Stats page of the Miller Group Realty website.
While the good news is that the number of binding contracts is up, the bad news is that this activity is one factor contributing to the low (but not historically low) number of Active Listings. The following chart compares the month of August over the past 11 years. One answer to the shortage is to have more homeowners decide now is the time to make a move.
Contact Brady to discuss moving plans in the Walton High School and greater East Cobb area. His exclusive focus on the higher value Walton homes may well qualify him to best advise new clients.