Find your new home in Newnan, GAYou are viewing homes 1 to 5 of 5 homes for sale
Learn more about homes in Newnan, GA
Well-Positioned in the Real Estate Market -Coweta County, GA
Everyone knows that the pace of home sales has slowed dramatically since 2006 in Coweta, Fayette, and Henry counties. What most people don’t realize is that Coweta seems to have corrected more quickly and with much less deterioration than Henry and Fayette.
Coweta is the only one of the three counties to have its annual home sales pace above the number of existing homes, with annual construction starts below annual and the current inventory level. This has double the effect of not only soaking up existing inventory much more quickly than the other two counties, but also means that prices are likely to recover more quickly, or at least not see tremendous downturns on the available inventory.
This is a classic "Demand exceeds both current and future supply" scenario. Remember that old Economics 101 Lesson: When Demand exceeds Supply, prices tend to go up. The last two quarters give a strong indication that the market in Coweta has bottomed over the last six months, and we are poised for at least a good, stable market, and at best - dare we say - an improving market!
Newnan Home inventory breakdown by property type
Of the 5 homes for sale in Newnan, the breakdown of property types
is as follows:
40% Single Family, 20% Land/lot and 40% Other.
Area details, home facts and figures
Information from in and around Newnan...
You are Viewing 1 to 5 of 5 homes for sale in Newnan. These homes are comprised of Single Family, Land/lot and Other. The average list price of these property results is 455,135. Prices are displayed as US Dollar. For more information on these homes for sale in Newnan please contact our member brokerages to schedule a showing or view an open house.
The 5 homes for sale in Newnan, GA are represented by 2 member brokerages serving the Newnan area. Member brokerages representing the 5 homes include Dorsey Alston and Harry Norman, Realtors®.