GoogleLinkedin
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 January 22, 2018:

December 2017

Demand: December residential sales were at 4,226, a decrease of 6.2% 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 December was $250,000, an increase of 5.5% from last December. The average sales price was $309,000, up 4.7% from the previous year.

Supply: Atlanta area housing inventory totaled 11,813 units in December, a decrease of 19.8% from December, 2016. New listings totaled 2,540, down 10.1% from December, 2016 and down 27.5% from the previous month. The month’s supply over a 12-month period decreased to 2.4 months.

A Word from 2018 Atlanta REALTORS® President Bill Murray: ”The Atlanta Market finished the year much as it began, with low inventory continuing to be an issue for Metro Atlanta. At the end of 2017, inventory provided just under two and a half month’s supply. As a result, Median Home prices continue to rise with a 5.5% increase over 2016, continuing the trend of steady, positive monthly growth that has lasted over 5 years.”

                                                                                 Ara July Market Brief

Past News:

November 2017

Demand: November residential sales were at 4,023, a decrease of 5.7% 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 November was $248,000, an increase of 6.4% from last November. The average sales price was $306,000, up 4.8% from the previous year.

Supply: Atlanta area housing inventory totaled 13,116 units in November, a decrease of -16.2% from November, 2016. New listings totaled 3,504, down 4.4% from November, 2016 and down 20.4% from the previous month. The month’s supply over a 12-month period decreased to 2.7 months.

A Word from 2017 Atlanta REALTORS® President Bill Rawlings: “The Atlanta market had fewer sales than a year ago, largely due to lower levels of inventory for prospective buyers. These inventory levels are also keeping prices higher during these fall and winter months. The seasonal decline in inventory we are seeing will likely continue to add to competitive conditions through the winter.”

Atlanta REALTORS® Market Brief: November 2017