Why Are Marietta Listings Being Pulled Off the Market?

By Connie Carlson

With an illustrious career spanning over 25 years, Connie Carlson has established herself as a powerhouse in the real estate industry.

Have you noticed some homes disappearing from the market without ever showing a “Sold” sign? It’s not your imagination. The real estate market is as unpredictable as ever, with cautious buyers, stubborn sellers, and mortgage rates that are tough to pin down. So, what’s really happening in Marietta right now? Let’s break it down.

Mortgage rates are dropping. After months of climbing higher, mortgage rates have finally dipped. The 30-year fixed mortgage rate just saw its biggest drop in months, triggering a wave of refinancing. It’s like gas prices dropping—when it happens, people rush to take advantage before rates go back up again.

What this means for buyers and sellers. For buyers, lower mortgage rates mean slightly more affordable monthly payments, making homeownership a little easier to manage. For sellers, this shift could bring more buyers back into the market. However, we’re not expecting a return to the bidding wars of 2020-2022. That’s because inventory in Marietta has increased by 14% compared to last month, giving buyers more options to choose from.

Homes are sitting on the market longer. Currently, homes in Marietta are sitting on the market for an average of 53 days, which is about the same as last year. If you’re a seller hoping for a quick sale, aggressive pricing may be your best bet. That could mean undercutting the competition to attract more buyers. Home prices aren’t skyrocketing anymore, and the market is finally taking a breather from the craziness of previous years.

Prices are stabilizing. The median home price in Marietta is now $450,000, exactly where it was at this time last year. However, 25% of listings have seen price drops, which means buyers shouldn’t hesitate to negotiate. Sellers, on the other hand, shouldn’t assume that pulling a listing off the market and waiting for spring will magically bring in higher offers.

To sell in this market, strategy is key. Working with an experienced agent can help ensure your home is priced right from the start. Proper staging is also essential. Sometimes, that means trading bold colors for neutral tones to appeal to a wider range of buyers. Small adjustments can make a big difference in attracting offers. If you have questions or need guidance, please reach out. You can call or text me at 678-488-9646 or send an email to Connie@ConnieCarlson.com. I look forward to hearing from you.