This is a residential market update for Newton County GA. This update would be useful for someone who wants to buy a house in Newton County Georgia.

1. Newton county Real Estate
Market Update
October 2020

2. Metro Atlanta
FMLS service area

3. Road to ownership

4. Median sale price
Residential detached$210,000
$No Data/Townhouse
$No Data/ Condo

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

6. 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

7. Median
Sales
Price

8. Price Per
Square
Feet

9. Dollar
volume of
closed
sales

10. New
Listings

11. Pending
sale

12. Number
of homes
for sale

13. # of
Closings

14. Showing
per listing

15. Time on
The
Market

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

17. Market type
Buyers market Vs Sellers market

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

19. 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