Locally, inventory remains low. In fact, in the Cumming/Alpharetta/Roswell Johns Creek area we are currently averaging 24% fewer listings compared to Q4 2022. While you may not think that's a reason to celebrate, low inventory stabilizes prices. in our area, January home prices are up an average of 14% compared to this time last year and 4% higher than Q4 2022. While we won't see the crazy price growth we saw early last year, we don't anticipate a big decline either. Days on market have drifted up with the average increasing to 58, 15 days more than Q4 2022. The list-to-close price ratio is relatively stable at 97% compared to 98% in Q4 2022.

If you are thinking about selling, now would be a good time, while inventory remains low! Have questions about market forecasts and trends, or your specific neighborhood and house? Let's talk!

Hear why our CEO thinks the worst is behind us. Watch his recent appearance on CNBC below.