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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 June 12, 2018:

May 2018 Comments

Demand: May residential sales were at 5,838, a decrease of 4.7% from the previous year.

Price: Average and median sales prices continue to gain traction and outpace 2017’s figures, with positive gains. The median sales price in May was $282,000, an increase of 9.7% from last May. The average sales price was $344,000, up 7.5% from the previous year.

Supply: Atlanta area housing inventory totaled 13,156 units in May, a decrease of 10.2% from May, 2017. New listings totaled 5,202, down 6.6% from May, 2017 and up 5.6% from the previous month. The month’s supply over a 12-month period increased to 2.7 months.

A Word from 2018 Atlanta REALTORS® President Bill Murray: "The economy is very healthy and job growth is holding strong, keeping the demand for homes robust. However, the Atlanta market needs more new and existing homes available for sale to allow home prices to moderate enough for potential home owners to continue to have choices available."                                                                                                          

                                                                 

                                                                              ARA March Market Brief