If Its Wednesday, It Must Be Market Conditions Wednesday

Every Wednesday, we provide a market snap shot of current market conditions affecting specific cities in the Atlanta metro area. Wednesday's are known as "MARKET CONDITION WEDNESDAY", as I publish details about what is ACTIVE, PENDING, SOLD in one of Atlanta's major cities.

Today the focus is on CANTON. Canton is located about 30 miles north of the city of Atlanta. In 2005, Canton was the fastest growing city in Georgia and the 5th fastest growing city in the United States.

According to the latest FMLS data and as I write this, there are currently 73,698 homes on the market in the entire Atlanta metro area. Likewise, as I write this, there is a total of 1,133 single family homes on the market in CANTON and a total of 52 condo/town-home properties available and actively listed in CANTON, GA.

Actively Listed Single Family Homes
This week, Canton single family homes range in price from $39,900 for a 1959 vintage bungalow, ranch style "fixer-upper" home with 2 bedrooms/1 full bathroom located in close proximity to Exit 16 to a 22 acre estate home featuring 5 bedrooms/6 full and 2 half bathrooms for a cool $2.985 million. This spectacular pillared home sits on lakefront property and features a gourmet kitchen, 4+ car garage, indoor and outdoor swimming pools, outdoor kitchen, media / theatre center, basketball court, hot tub, gazebo, game room, wine cellar and much more.

Actively Listed Condo/Town Homes
Active CANTON condo/town home properties range in price from $83,000 for a spacious 2 bedroom / 2 full bathroom town home, built in 2001 and located in Cottonwood Creek to a 4 bedroom/4 full bathroom town home adjacent to the popular BridgeMill community in the new Overlook at Sixes Road neighborhood. This home is priced at $340,000.

Pending Sale
Currently there are 174 single family homes pending sale in Canton with prices ranging from $25,500 for a foreclosure property to $1.1 million for a 7 bedroom/7 full and 1 half bathroom estate featuring 10+ acres on an equestrian estate with barn and stables amid rolling pasture and a woodland backdrop.

SOLD Properties (4/1/2010 to 6/24/2010)
It might interest you to know that from April 1st through June 24th there were a total of 278 single family homes sold in CANTON ranging in price from $77,800 to $740,000 closed on 6/15/2010 and 6/7/2010 respectively. Likewise, there were a total of 7 townhomes sold ranging in price from $86,000 to $342,500.

So, as you can clearly see homes are selling in Canton, GA! Please call me with your many questions regarding the Canton and Atlanta metro area real estate market in general or specifics regarding the buying / selling process. Please call me if you see a home that peaks your interest or if you are considering the possibility of selling your current home. I look forward to helping you and your family, realize your real estate dreams.

In the meantime please visit me at www.GeorgiaRealEstateOnMyMind.com, e-mail me at sara.hibbard@metrobrokers.com or CALL ME ANYTIME at 770-399-8108! Happy House-Hunting!