FMLS Residential · school

North Cobb

Closed sales series. Latest median $360,532 (-5.1% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 249 active · 15 under contract · 35 pending. Total residential listings by status: 299.

Data confidence: High. 683 closings in the last 12 months. Enough closings to read a trend.

Latest median$360,532-5.1% YoY
Months of supply4.0Balanced · 4.4 on 57/mo trailing-12
$/SF$184-7.9% YoY
DOM19-24.5% YoY
Sale/list99.2%48.4% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-8.7%$360,532 vs $395,000 FMLS-wide
$/SF-1.5%$184 vs $187 FMLS-wide
DOM-44%19 days vs 33 FMLS-wide
Sale/list+0.3 pts99.2% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

48
Balanced

3-month volume-weighted median $380,191 (-1.8% vs same 3 months last year) on 168 closings. Latest month is $360,532. Confidence: High (168 closings in 3 months).

3-month $/SF is down 2.1% versus the same 3 months last year.

Months of supply27
4.0 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price48
-1.8% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed50
1.24 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.13 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced64
39% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend20
-24.0% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

4.0 months of supply on last month’s pace (249 active ÷ 62 closings). 4.4 months on the trailing-12 pace (average 57 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 48.4% of last month’s closings were below list. Days on market are down 24% from a year ago.

Homes for sale near North Cobb, GA →

How homes actually closed

Above list16.1%More than 1% over list
At list35.5%Within 1% of list
Below list48.4%More than 1% under list
Price reduced38.7%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1335 pending ÷ 264 (active + under contract)
New / closed1.2477 listed in 30 days vs 62 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in North Cobb

High confidence. 683 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $374,412. About $192 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 4.0 months of supply on last month’s pace. Expect about 25 days if you price correctly. Longer than that usually means the price is high.
  • 48.4% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near North Cobb, GA →

What this means if you are listing in North Cobb

  • Price to the closed median and $/SF here ($360,532, $184), not the FMLS-wide number. This market is below the FMLS footprint by 8.7% on median.
  • With 4.0 months of supply, expect about 19 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 48.4% of recent closings were below list and 38.7% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near North Cobb, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 38.7% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or FMLS-wide median.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k4013.4%
$300–500k21070.2%
$500–750k4314.4%
$750k–1M31.0%
$1M+31.0%

Property types

TypeListedMedian ask
Single Family Residence204$399,900
Townhouse89$389,990
Condominium6$330,000

249 active, 15 under contract, 35 pending. 77 new in the last 30 days.

Median close price

Median close price · 2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202662$360,532$1841999.2%48.4%38.7%
Aug 202657$399,000$1882099.3%46.4%29.8%
Jul 202649$383,185$1921799.4%42.9%32.7%
Jun 202666$382,195$1993499.2%47.0%42.4%
May 202678$371,500$1952299.7%42.3%35.9%
Apr 202661$370,000$19917100.0%44.3%27.9%
Mar 202662$375,000$2001898.8%51.6%25.8%
Feb 202637$400,000$1935798.9%51.4%40.5%
Jan 202642$370,000$1863798.5%52.4%50.0%
Dec 202575$357,000$1873698.8%53.3%45.3%
Nov 202544$374,995$1881699.5%47.7%47.7%
Oct 202550$364,300$1862398.9%50.0%46.0%
Sep 202566$379,995$2002599.4%47.0%36.4%
Aug 202565$393,000$19025100.0%44.6%38.5%
Jul 202570$389,000$1852398.2%57.1%45.7%
Jun 202583$393,000$19918100.0%36.6%31.3%
May 202565$400,000$19610100.0%36.9%24.6%
Apr 202564$376,000$20116100.0%48.4%21.9%
Mar 202552$382,500$1952499.1%47.1%40.4%
Feb 202556$378,000$18730100.0%35.7%41.1%
Jan 202539$375,000$2032998.0%53.8%33.3%
Dec 202450$393,147$19128100.0%36.0%34.0%
Nov 202461$360,000$19724100.0%45.0%44.3%
Oct 202466$350,000$2012099.7%45.5%24.2%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale near North Cobb, GA → · ← FMLS report