Thursday, April 14, 2011

Atlanta Georgia Market Conditions, News Reports & Trends

Atlanta Georgia Market Conditions, News Reports & Trends

This report is prepared for single family residences in the Atlanta Georgia market area.

The median list price in Atlanta is $209,700, it is showing a strong upward trend.

The (MAI) Market Action Index is 16.1 (Buyer's Market) it is showing a strong upward trend (towards being a Seller's Market=MAI 30 or higher).

The Asking Price per square foot is showing no change.

The average number of days on the market is 167, it is showing a strong downward trend.

36% of properties had a price reduction.

12% of properties were re-listed.

2% of properties were flipped with a price increase.

Home sales have been exceeding new inventory for weeks, prices have responded by moving upward.

This information is current as of April 11, 2011.

View the Georgia MLS listings then contact me!
Priscilla Hammond
Licensed Real Estate Salesperson
Maximum One Realty Greater Atlanta, GA
5041 Dallas Hwy #700
Powder Springs, GA 30127
(404)503-6562 Mobile
priscillahammond@live.com

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