Atlanta Home Sales Statistics

Atlanta area sales statistics for 2013

As  you may be able to see from the above map, Atlanta home sellers didn’t have much trouble in 2013. The average list price was $260,092 and it took 75 days for a detached single family home to sell for $230,989, the average sales price. Homes sold for roughly 89% of their original list price and approximately 97% of their final list price. Some of the hottest areas with impressive stats included north Fulton (areas 13, 14);  midtown, Buckhead, Morningside, and East Atlanta (23, 24); Lithonia (43), Lawrenceville (64), Smyrna (72), Kennesaw (74), East Cobb (81,82,83), Dunwoody (121), and Paulding (191). 2013 detached single family home sales decreased by 1% while single family attached unit sales increased by 4% when compared with 2012. Probably the most

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ATLANTA HOME FINANCING

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. Metro Atlanta foreclosure notices were down 56% in January from the same month a year ago and are now down to the lowest level since June 2003, according to the AJC. Fewer foreclosures should support higher prices.

2. When it comes to rates, fewer things are more important than inflation. The Consumer Price Index (CPI) and Producer Price Index (PPI) reports released last week both confirmed that inflation remains tame. Core CPI was just 1.7% higher than a year ago and well below the Fed’s target level of 2%, while Core PPI was even lower at 1.4% on an annual

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30068

A client of mine who was considering selling his home recently asked me to provide some sales and pricing statistics for zip code 30068, located in Marietta Georgia. The family was glad to see that Marietta Georgia real estate trends were improving and thought it was a great time to list their home for sale.  In 2011, there were 377 sales with an average list price of $398,854 and an average sales price of $377,300, a sales price to list price ratio of 95%, a sales price to original list price ratio (taking into account price reductions) of 91% and an average days on market of 130. We would consider this a pretty slow moving market.

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