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Friday, November 22, 2024

Canton home prices fall in the third quarter of 2017

Realestate2

The median sale price of a home sold in the third quarter of 2017 in Canton fell by $21,500 while total sales decreased by 4.1%, according to BlockShopper.com.

From July through September of 2017, there were 71 homes sold, with a median sale price of $48,000 - a 30.9% decrease over the $69,500 median sale price for the same period of the previous year. There were 74 homes sold in Canton in the third quarter of 2016.

The median sales tax in Canton for the most recent year with available data, 2016, was $1,673, approximately 3.5% of the median home sale price for the third quarter of 2017.

The following table compares Canton to other Fulton County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Fairview220%$100,000$123,250-18.9%
Farmington1217-29.4%$85,000$74,80013.6%
St. David12-50%$78,000$24,000225%
Lewistown41300%$70,250$84,500-16.9%
Avon23-33.3%$60,000$10,000500%
London Mills31200%$49,000$35,00040%
Canton7174-4.1%$48,000$69,500-30.9%

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