Coweta County Market Trends
By Scott May, M.S., CRS., REALTOR Coldwell Banker Bullard Newnan GA
(Newnan - Peachtree City and surrounding areas)
Most folks approaching the market are aware of tight inventories, high demand, and extremely low days on the market for move in ready, priced right homes. A lot of people have heard about houses selling in just a few days following just a couple of days of showings and getting multiple offers ending up often times above asking price. This has been the extreme seller's market that we have been in for the past several years. Things may be about to change. Interest rates at the time of this blog post have climbed even higher than the above chart and we are already seeing some important trend changes as a result. Although we are just half way through the month of May 2022, we see a marked departure from the overall month over month list price increases, and decrease in Sold prices for C...