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Atlanta Market Sales Prices | 06/25/2019

Atlanta Market

Average Sales Price

Residential-Detached

The First Multiple Listing System (FMLS) has just released the May numbers. More good news…..Sales prices in the Atlanta Market continue to rise! Average sales prices for both detached & attached homes are up 5% YTD vs. May 2018.  Low inventory, in most price ranges, continues to be a contributing factor.

However, inventory is increasing; 14% more single family homes are for sale this year than the same time last year. More homes on the market means more competition for sellers which can lead to longer selling time & lower price.  Did you know there is a direct relationship between length of time on market & price? The longer a listing is on the market, the lower the sales price. Therefore, understanding the inventory & other market factors is crucial to your sales success. Of course, an experienced Realtor©, like me, will be sure you’re well prepared with all the right market data.

Wondering about sales prices & inventory in your neighborhood? Always happy to answer all your questions, all you have to do is ask! Can’t wait? Just follow this link:

http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby

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