Photo: North Georgia State Fair

Photo: North Georgia State Fair · https://www.northgeorgiastatefair.com/gallery

Good morning, Cobb.

The North Georgia State Fair opens next Thursday at Jim R. Miller Park, which means your calendar just got louder for ten straight days. Before the funnel cakes: Saturday kicks off Sleepy Hollow in Powder Springs, and this is third-Thursday housing week, so the market update is below from the numbers we actually track (not a random Zillow screenshot).

COBB HOUSING MARKET UPDATE

Brought to you by the Terence Richardson Group at Compass

Cobb Housing Market Update

Cobb's typical sale landed at $466,000 this cycle, basically flat versus last year (+0.2%). Homes still sell a hair under asking (98.3% of list price on average), and the county still favors sellers, though it is cooling a bit. Typical days to sell: 42. Inventory: about 3.0 months of supply.

How to read this:

  • Versus last year = whether the typical sale price is up or down from a year ago

  • Typical days to sell = how long a sold home sat before going under contract

  • Inventory = roughly how many months of listings it would take to clear what's on the market at today's pace (lower = tighter)

Where prices moved (typical sale price):

  • Up: Mableton $419,995 (+2.8%), Powder Springs $392,000 (+2.1%), Marietta $525,000 (+1.9%)

  • Flat: Smyrna $550,000 (0.0%). Countywide sits here too.

  • Down: Acworth $426,500 (-0.8%), Austell $313,000 (-0.9%), Kennesaw $423,500 (-2.6%)

Acworth and Powder Springs are the closest to balanced on inventory (about 3.4 and 3.6 months). Everywhere else in this list still reads as a seller's market. Sold-for-asking share clusters around 98% across the cities.

Mortgage Rates:

Freddie Mac 30-year Weekly Average is 6.76%;
Mortgage News Daily’s 30-year on a Conventional Loan is 7.24%.

Mortgage News Daily

Want the policy side of housing, not just the sale sheet? County All-In Housing Forum is Wed Sep 30, 6:30 to 8:30 p.m., Milford Recreation Center, with Chairwoman Cupid and Community Development (housing needs, code amendments, UDC updates). Notice only.

Proposed ADU / Chapter 134 code language is still on the fall calendar: Planning Commission Tue Oct 6, 9:00 a.m., Board Tue Oct 13, 9:00 a.m., Board vote hearing Tue Oct 27, 7:00 p.m. Proposed until decided. Hold any pass/fail language.

SAVE THE DATE

  • Scarecrows start showing up around Sep 28 (Acworth, Kennesaw Main Street, Marietta Square; HarvestFest voting Oct 17)

  • Caffeine & Octane, Sun Oct 4, ~9:00 to 11:30 a.m., Town Center food-court lot (free to watch)

  • Cobb Library fall book sale Oct 16 to 18

  • Taste of Kennesaw, Sat Nov 7, downtown Kennesaw

WHAT'S HAPPENING IN COBB

Fair week is next. Pumpkins are this weekend.

Pumpkins and autumn farm scene for fall festival mood

Fall farm mood (stock). Not Sleepy Hollow Farm. Photo via Unsplash.

North Georgia State Fair runs Thu Sep 24 to Sun Oct 4 at Jim R. Miller Park, 1345 Al Bishop Drive, Marietta. Official site: northgeorgiastatefair.com. Family rule worth knowing: under 17 after 6 p.m. needs a parent. Pay-One-Price ride specials run daily (check the site for the day's rate).

Sleepy Hollow Farm Fall Fest starts Sat Sep 19 through Nov 1 at 628 Sleepy Hollow Road, Powder Springs. Tractor ride, corn maze, pumpkins, animals. Tickets online: Wed to Fri $12, Sat to Sun $15, ages 2 and under free (sleepyhollowtrees.com).

WHAT'S A SHORT DRIVE FROM COBB

In-Cobb is doing the heavy lifting this week (fair preview + Sleepy Hollow), so keep the drive light.

Six Flags (Austell edge): fall daytime programming runs alongside after-dark Fright Fest (Travel Cobb lists the fall window into early November). Daytime with kids is the family read; after dark is a different night. Edge-of-county, not a downtown Atlanta trip.

CIVIC ROUNDUP

Kennesaw data-center moratorium: still proposed, still fluid

Kennesaw has been discussing a data-center moratorium in the same lane as Cobb and Marietta. What we can say from the record: Sep 8 minutes are not published; the Sep 8 published agenda did not list a moratorium ordinance; Sep 14 work-session draft notes say the legal landscape is fluid and an update is expected at a later work session. Do not treat this as passed. Mon Sep 21 Council is on the calendar with agenda pending.

Mableton interim police chief: agenda and press, not minutes

Sep 9 Council materials and local press described a resolution to designate Dr. Anthony Kerry Stallings (Public Safety Director) as interim police chief while a permanent search continues. Sep 9 minutes are not confirmed. Do not print this as an appointed, final decision until minutes land.

Haven at Eastside (Z-22), bank note

Staff continued Z-22 to BOC Zoning Tue Oct 20, 9:00 a.m. It was listed as not to be heard on Sep 15. Planning Commission recommended deny remains press-lead only. No Board deny/approve here.

On the calendar

  • Thu Sep 17: Mableton District 6 Town Hall (city calendar)

  • Mon Sep 21: Kennesaw City Council, 6:30 p.m., Council Chambers (agenda pending; moratorium still under legal review)

  • Tue Sep 22: Cobb BOC Work Session 1:30 p.m. + Regular 7:00 p.m., 100 Cherokee St

  • Wed Sep 30: All-In Housing Forum, 6:30 to 8:30 p.m., Milford Rec Center

  • Tue Oct 6: Planning Commission Zoning 9:00 a.m. (proposed Ch. 134 / ADU code amendments)

  • Tue Oct 13: BOC 9:00 a.m. (proposed ADU / code amendments)

  • Tue Oct 20: BOC Zoning 9:00 a.m.: Haven at Eastside (Z-22) on the continued calendar

  • Tue Oct 27: BOC 7:00 p.m. vote hearing (proposed ADU / code amendments)

Reply and tell us: fair first weekend, or Sleepy Hollow this Saturday? One vote. We read them.

See you Thursday.

The Cobb Insider