After leveling off in late summer, prices moved up 4% in October from the month before.
Prices had been rising steadily for years, but a pandemic-enhanced sellers’ market has lifted the median price of a home in the region’s 28 counties by 20% since October 2020 and by a stunning 40% since the fall of 2019, said Kristen Jones, the owner of Re/Max Around Atlanta, a real estate brokerage.
In recent months, the combination of higher prices and a scarcity of listings has meant fewer and fewer sales, she said. The number of sales dropped by more than 13% compared with October oflast year. – Source
Its the same here in Gwinnett County. The best way to sell your house for more? Paint your house!