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Atlanta Market-3rd Quarter | 10/24/2018

Atlanta Market is

Lookin’ Good in the 3rd Quarter!

(click on graph to increase size)

Our 3rd Quarter Report has just been released. Delighted to say the Atlanta Market performed well during the 3rd Quarter! It’s still a seller’s market (in most price ranges)! Inventory remains relatively low in the <$500,000 range which continues to drive prices up. Sales prices for single family detached homes are up 7% compared to last year & 11% higher for attached homes. This is causing some sellers to be overconfident in the value of their homes. They are overpricing their homes & that’s why failed listings (that didn’t sell the first time) are up 2.9%. The pending listings will ultimately offset the lower # of sold homes. Another encouraging factor is the % of Distressed Sales (foreclosures & short sales) continues to decrease.  If you would like to see the entire 3rd Quarter Report just ask & I’ll be happy to email it to you!

Wondering about sales in your neighborhood? I can help with that too! Just call or email for the answer. Can’t wait? Just follow this link: http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby

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