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Johns Creek real Estate Market Overview
The Johns Creek housing market, known for its high competitiveness, has shown consistent growth in median prices and intriguing migration patterns.
Insights into Johns Creek's housing market:
Median Home Prices: Johns Creek has experienced a commendable 7.3% increase in the median sale price of homes, reaching $675,000 compared to the previous year.
Price per Square Foot: A significant rise of 12.0% is observed in the median sale price per square foot, currently standing at $234.
Sales Dynamics: Homes in Johns Creek are selling at a notably faster pace, averaging 15 days on the market compared to 25 days the previous year. There was a decrease in the number of homes sold, with 59 homes sold in October this year, down from 79 in the same period last year.
Incoming Homebuyers: 2% of homebuyers are considering a move into Johns Creek from outside metros, with New York homebuyers showing the most interest, followed by Los Angeles and San Francisco.
Outgoing Homebuyers: 83% of Johns Creek homebuyers are opting to remain within the metropolitan area. Chattanooga emerges as the favored destination, followed by Macon and Savannah.
For personalized insights and expert guidance in navigating Johns Creek's real estate landscape, trust The Regan Maki Team. With a commitment to exceptional service and an extensive knowledge of the local market, they are well-equipped to assist you in your real estate endeavors in Johns Creek.
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