‘Atlanta Real Estate Statistics’ Category

Metro Atlanta Market Snapshot

Posted on: April 24, 2012

Here's a quick snapshot of the metro Atlanta real estate market for the 1st quarter of 2012.  While we keep hearing that prices are down, this varies greatly from one neighborhood to another. The Number of Houses for Sale (Inventory) is DOWN 34% from this time last year The Number of Houses Under Contract (Pending) is UP 27% from this time last year The Decrease in Inventory means that we are in a Balanced Market with 5.9 Months of Supply The Median Sales ... (Read more)

January Pending Home Sales Rise, Market on Uptrend

Posted on: March 02, 2012

According to the National Association of Realtors article, the Pending Home Sales Index rose 2.0% to it's highest level since the First Time Home Buyer Tax Credit in April 2010.  I'm not surprised to hear this.  We are seeing lots of buyer in the market and good properties going quickly.  The article is below:   Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low ... (Read more)

How much home does $200,000 buy?

Posted on: February 22, 2012

How much home does $200,000 buy in Atlanta? As a whole, Atlanta is still a buyer's market. Prices are down significantly from their 2007 highs, but things are changing, especially in the under-$200,000 in-town market.  Inventory is down over 40% from the start of 2011 and, statistically, under $200,000 is no longer a buyer's market with only a six-month supply of listings. This rare, newer home is in one of Atlanta's older neighborhoods, and it features modern touches like granite countertops ... (Read more)

August Existing-Home Sales Rise

Posted on: September 24, 2011

The National Association of Realtors posted an article this week showing surprising gains in existing home sales in August.  It has a busy month at Team Rich Richardson, so I guess we shouldn't be surprised!  The article is below:   Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors®. Monthly gains were seen in all regions. Total existing-home sales1, which are completed transactions ... (Read more)

Atlanta Home Days on Market by Price Range

Posted on: September 01, 2011
Days on Market in Atlanta by Price Range

How long should it take to sell a house in Atlanta now compared to last year?  Does it take longer to sell a higher priced house? These are good questions and ones to which you should know the answers before trying to sell a home.  The market can be affected quite differently in various parts of the city and price ranges.  We constantly track the market in order to better advise our clients on how to achieve their real estate goals.  We ... (Read more)

Atlanta Home Sales by Price Range

Posted on: August 22, 2011
Home Sales

How are Atlanta Home Sales doing now? What is actually happening in my price range? These are good questions and ones to which you should know the answers before buying or selling a home.  The market can be affected quite differently in various parts of the city and price ranges.  We constantly track the market in order to better advise our clients on how to achieve their real estate goals.  We want you to know the whole story before making an all-important ... (Read more)

Existing-Home Sales Rise Again in January

Posted on: February 24, 2011

This is pretty interesting info. I was surprised that the total number of sales in January 2011 were 5.3% higher than in January 2010. Last year, we were in the midst of the first time home buyer tax credit, which really boosted that segment of the market. The biggest growth in January 2011 was investor purchases, which rose to 23% of all sales. With housing prices depressed, a lot of buyers are investing in real estate. If ... (Read more)

Property Owners Overcharged

Posted on: February 18, 2010

A report to be released today commissioned by the Atlanta Neighborhood Development Partnership will release information that supports the findings of an AJC investigation that was published in a series of articles in December. The findings confirm the report that tens of thousands of homes were overvalued last year by county tax assessors. This report aims to take an educated guess as to by how much homeowners overpaid in the 5 major metro counties. The report goes on to say ... (Read more)

Some Positive Signs in the Atlanta Housing Market

Posted on: February 09, 2010

Real estate stats for the 4th quarter of 2009 are in, and there are some positive signs for the first time in what seems like quite a while! The year finished on a strong note as the number of homes that sold in the 4th quarter of 2009 were up 14% from the 4th quarter of 2008. While all but the two highest price ranges experienced improvement from 4th quarter 2008, the biggest improvements were seen under $299 - with ... (Read more)