This is a real estate market update for Forsyth County. This update can be useful for someone who wants to buy a house in Forsyth County

1. Forsyth County Real Estate
Market Update
3rd Quarter 2020

2. Metro Atlanta
FMLS Service Area

3. Road to ownership

4. Median sale price
Residential detached$400,000
$280,000/Townhouse
$372,000/ Condo

5. Macro
Rates: 3.0%
Unemployment: 8%
Federal reserve Bank

6. Above 50,000 Population Markets
Atlanta
South Fulton
Sandy Springs
Roswell
Johns Creek
Alpharetta
Marietta
Smyrna
Brookhaven
Fulton
Gwinnett
Cobb
Dekalb
Clayton
Cherokee
Forsyth
Henry
Paulding
Counties Cities
Coweta
Douglas
Carroll
Fayette
Newton
Bartow
Walton
Rockdale
Barrow
Spalding

7. The 9 Metrics we will use
1. Median Price
2. Price Per Square feet
3. Dollar Volume of closed sales
4. New listings
5. Pending sales
6. Number of closings
7. Number of homes for sale
8. Showing per Listing
9. Time on the Market

8. Median
Sales
Price

9. Price Per
Square
Feet

10. Dollar
volume of
closed
sales

11. New
Listings

12. Pending
sale

13. Number
of homes
for sale

14. # of
Closings

15. Showing
per listing

16. Time on
The
Market

17. Key Takeaway
1. Price is increasing
2. Supply is Limited
3. Demand is strong

18. Market type
Buyers market Vs Sellers market

19. Look on the bright side
Sellers: High demand
Buyers: Low interest rate

20. Credits
Producer: Gaston Lamour, Daniel M. Dorat
Distribution: Daniel M. Dorat, Gaston Lamour
Design: MD Rokon
Presented by: Wesbert Saint Juste
Editor: Gaston Lamour
Image credits - facebook.com. Wikimedia.org