Smyrna Vinings home sales popped up in August as we had expected. Not only could we expect it from a seasonal perspective, but current mortgage rates are very compelling for today’s Smyrna home buyers. Current rates are offering Smyrna Vinings home buyers an excellent opportunity. As we’ve seen over the past couple years, there is a lot of extra noise in the market place and you never know when a tweet might send things completely sideways. Needless to say, the Smyrna Vinings housing market should be exciting as we head into Fall.
This chart shows you the past 12 months of home sales at any given point. As you’ll notice, home sales have exceedingly improved over the past nine years until the last couple months.
The Active Listings chart depicts Smyrna Vinings homes currently for sale. As a general rule, we’ve seen inventory increase through the May to July range and then see the amount of Smyrna Vinings homes for sale reduce towards the end of the year. While sales and months of inventory numbers vary drastically from previous years, the one thing you can count on is that inventory decreases in the last quarter of the year, as indicated above. The big difference of course is that the overall number of homes on the market is just much less than in years past due to homes selling so quickly.
Smyrna Vinings homes for sale are higher than the same time last year, but current sales volumes continue to absorb any increase in actual inventory available for sale. One additional source for additional inventory can be new construction as it comes online. If you’re interested in new construction, here are all the latest Smyrna Vinings new construction homes for sale.