This report on the market in the metro Atlanta Georgia Real Estate industry is current as of 04/25/2011.
This report is compiled on information from detached single family residences in the Atlanta Georgia metro area.
The median list price in metro Atlanta is $219,900 it is showing a strong upward trend. It was $209,700 two weeks ago.
The market action index in Greater Atlanta GA (MAI) is 16.4 which means it is a strong buyer’s market. It was 16.1 two weeks ago. So it is showing an upwards trend toward being a seller’s market.
The asking price per square foot is showing no change.
The average number of days on the market (DOM) is 176, it was 167 two weeks ago.
36% of properties had a price reduction, which is the same as two weeks ago.
12% of properties were relisted, which is the same as two weeks ago.
3% of properties were flipped with a price increase, it was 2% two weeks ago.
The (MAI) market action index measures the current rate of sales versus the amount of inventory. Index 30 or higher means market conditions that favor the seller; index below 30 means market conditions that favor the buyer.
Call me to buy or sell your real estate in the metro Atlanta Georgia area. I have partners in mortgage lending, home inspections, mold inspections & remediation, pest inspections & control, credit restoration, general contractors & home warranty companies who will give you a great price because you’re working with me.
Priscilla Hammond
Licensed Georgia Real Estate Agent
Maximum One Realty Greater Atlanta
(678) 757-5885 Mobile
priscillahammond@live.com
This report is compiled on information from detached single family residences in the Atlanta Georgia metro area.
The median list price in metro Atlanta is $219,900 it is showing a strong upward trend. It was $209,700 two weeks ago.
The market action index in Greater Atlanta GA (MAI) is 16.4 which means it is a strong buyer’s market. It was 16.1 two weeks ago. So it is showing an upwards trend toward being a seller’s market.
The asking price per square foot is showing no change.
The average number of days on the market (DOM) is 176, it was 167 two weeks ago.
36% of properties had a price reduction, which is the same as two weeks ago.
12% of properties were relisted, which is the same as two weeks ago.
3% of properties were flipped with a price increase, it was 2% two weeks ago.
The (MAI) market action index measures the current rate of sales versus the amount of inventory. Index 30 or higher means market conditions that favor the seller; index below 30 means market conditions that favor the buyer.
Call me to buy or sell your real estate in the metro Atlanta Georgia area. I have partners in mortgage lending, home inspections, mold inspections & remediation, pest inspections & control, credit restoration, general contractors & home warranty companies who will give you a great price because you’re working with me.
Priscilla Hammond
Licensed Georgia Real Estate Agent
Maximum One Realty Greater Atlanta
(678) 757-5885 Mobile
priscillahammond@live.com
