January Market Brief

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Atlanta REALTORS® Market Brief

January 2019 Edition

The Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its January 2019 Market Brief on residential housing statistics in metro-Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally focused synopsis of monthly sales and home prices for single family residential properties. This summary covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding and Rockdale.

January Comments

Demand: January residential sales were at 2,866, a decrease of 10.1% from the previous year.

Price: Average and median sales prices continue to gain traction and outpace 2018’s figures, with positive gains. The median sales price in January was $256,000, an increase of 4.9% from last January. The average sales price was $318,000, up 7.1% from the previous year.

Supply: Atlanta area housing inventory totaled 12,894 units in January, an increase of 20.1% from January, 2018. New listings totaled 4,624, up 29.1% from January, 2018 and up 53.4% from the previous month. The month’s supply over a 12-month period decreased to 2.6 months.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

My unofficial opinion about the increase in inventory is that many sellers are getting over exuberant about the value of the houses. That was their first mistake. The next mistake was hiring an inexperienced agent who doesn’t know how to or is afraid to tell their sellers what the seller really needs to hear. So if you or someone you know is considering a move the best thing you can do is list with an agent who has a proven track record of getting homes under contract in as little as 24 hours. Of course, that would be me.

Wondering about sales in your neighborhood? Always happy to help with that too, all you have to do is ask! Can’t wait? Just follow this link:

All the best,


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Cost vs Value 2019

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Cost vs Value 2019

Thinking of doing some remodeling of your home?  According to a recent study, here are the top 3 projects with the best return on investment:

  • Garage Door Replacement
  • Siding Replacement
  • Manufactured Stone Veneer


So if you are looking to get the most “bang for your buck” and need some contractors for these projects, contact me TODAY and I can get you in touch with my favorite local vendors.

Wondering how sales are going in your neighborhood? All you have to do is ask & I’ll gladly share the info with you! Can’t wait? Just follow this link:

All the best,


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Happy Valentine’s Day

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Impress your loved ones today with these fun Valentine’s Day facts:

Valentine’s Day Facts:

  • Every year, more than 36 million heart shaped boxes of chocolates are sold across the country.
  • Sorry men, it looks like you’ll be spending twice as much as women this year on gifts. The average man spends $130 on Valentine’s Day, while women spend about $70.
  • Don’t forget about your pets! Every year, around 9 million people buy their pets a Valentine’s Day gift.
  • February 14th is the second largest card giving day of the year, just after Christmas. This year, it’s expected that 1 billion cards will be exchanged around the world.
  • Teachers receive the most Valentine’s Day cards, followed by kids, mothers, wives and girlfriends.
  • Hallmark was one of the first to mass produce a Valentine’s Day card, all the way back in 1913.
  • More than one-third of men are comfortable not receiving anything from a lover on Valentine’s Day.

Flower Facts:

  • It’s estimated that the U.S. alone is going to spend $3.3 billion on flowers for loved ones this year.
  • The only other day that beats Valentine’s Day in floral sales is Mother’s Day.Of the 124.6 million households in the U.S. it’s predicted that 43 million of them will purchase flowers.
  • And the most likely flower to be purchased? Red roses of course!
  • Would you believe that young people are leading the trend in floral sales? In 2016, 63% of floral-buying households were under the age of 35.
  • Who says you can’t be your own Valentine? In 2015, 18% of women sent themselves flowers.
  • Ordering a bouquet? Have it tied in lace. The word “lace” comes from the Latin laques, meaning “to snare or net,” as in to catch a person’s heart.


Looking to fall in love with a new home this year? Just follow this link to start your search:

All the best,


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