Atlanta home sales statistics for January 2015
If you are considering selling a home, you’ll be excited to know that the Atlanta market remains robust. January home sales were right in line with the 5 year average as is the number of new listings added to the first multiple listing service. The supply of active listings is substantially below the 5 year average which is helping to boost home sales prices, significantly, in fact the median home sales price is up 10% from last year and a whopping 32% over the 5 year average.
589 MAYLAND AVENUE ATLANTA GEORGIA 30310
Check out this awesome investor’s special for $29,900! One block away from the Atlanta BeltLine’s new proposed park! Tons of potential and space in this 5 bedroom 2 bathroom home. Someone’s going to make some money on this one!
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345 Interlake Pass McDonough Georgia 30252
Check out our newest listing at 345 Interlake Pass! It’s a 5 bedroom 4 bathroom beautiful home on a nice level lot! Priced at $180,000 it won’t last long!
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READ MOREAtlanta Real Estate Market and Financing Update
The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com
1. Mortgage rates pushed lower last week and the main reason was that investors in Japan and China bought US bonds. They did this because Japanese and Chinese currencies have recently weakened versus the dollar making the safety and security of US bonds attractive to investors in both countries.
2. January New Home Sales unexpectedly shot up 10% from December to an annual rate of 468k units. This was the highest level since July 2008. January Pending Home Sales also posted a slight increase.
3. Per FICO, the average credit score in the US is down to 634. At first
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READ MORENational Real Estate Pricing Up
National real estate prices are rising! See how real estate is doing in your city by clicking on the real estate pricing map, above.
Need to buy or sell a home in Atlanta? Click here!
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