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Atlanta Communities
Christin Pulver Coffin
1801 Peachtree Street NE Suite 200
Atlanta  GA 30309
 Phone: (404) 844-4977
Cell: (678) 994-3915
Fax: (404) 228-1971 
Christin@ChristinPulver.com
Christin Pulver Coffin

What's New?

Atlanta REALTORS® Market Brief posted on September 15, 2017:

August 2017

Demand: August residential sales were at 5,229, a decrease of 6.1% from the previous year.

Price: Average and median sales prices continue to gain traction and outpace 2016’s figures, with positive gains. The median sales price in August was $250,000, an increase of 5.0% from last August. The average sales price was $309,000, up 3.0% from the previous year.

Supply: Atlanta area housing inventory totaled 15,237 units in August, a decrease of 4.7% from August, 2016. New listings totaled 4,951, up 1.4% from August, 2016 and down 4.1% from the previous month. The month’s supply over a 12-month period decreased to 3.2 months.

A Word from 2017 Atlanta REALTORS® President Bill Rawlings: “Atlanta’s new listings have lagged behind the number of homes sold for a few months, which is keeping the housing market competitive. Nevertheless, sales are very strong, and we continue to be in a seller's market in most price ranges across the city.”

                                                                     Atlanta REALTORS® Market Brief: July 2017                     

                                                                                                                                                  

                                                      

Past News:

July 2017

Demand: July residential sales were at 5,223, a decrease of 6.3% from the previous year.

Price: Average and median sales prices continue to gain traction and outpace 2016’s figures, with positive gains. The median sales price in July was $259,000, an increase of 4.9% from last July. The average sales price was $321,000, up 5.3% from the previous year.

Supply: Atlanta area housing inventory totaled 15,701 units in July, a decrease of 4.9% from July, 2016. New listings totaled 5,165, down 0.7% from July, 2016 and down 9.5% from the previous month. The month’s supply over a 12-month period increased to 3.3 months.

A Word from 2017 Atlanta REALTORS® President Bill Rawlings: ”Home values are rising at reasonable levels, and the Atlanta market has stayed accessible to both buyers and sellers. The local market has consistently had around a three-months’ supply for the past year, with sale prices improving reliably yet without the rapid acceleration of some other major cities.”

                                                                           Ara July Market Brief