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The Clayton County area average home sales price has gone through the floor. Three years ago the average price was around $150,000 and now it's at $50,000!!! The number of sales have gone up substantially so it looks like there are buyers out there at these low prices.  The biggest problem down here has been the school system losing it's accreditation. This is an area that has a huge number of foreclosures. 

Total days on market is 104.  The sales price to original list price ratio continues to dropped below 80%. 

The numbers below are for single family detached homes in FMLS area 161. Links to stats for other areas are at the bottom of the page.

Year over year, total transactions increased from 64 to 98 (+53%)

Year over year, average sales price decreased from $99,095 to $51,087 (-48%)

All data for graphs is taken from the FMLS statistics put out by Smart Numbers.

For other market areas as shown in the following map, please click on the links below.

All areas combined: Summary of all FMLS areas

Area 13: North Fulton, Alpharetta/Roswell West of 400
Area 14: North Fulton, Alpharetta East of 400
Area 131: Sandy Springs North of 285
Area 132: Sandy Springs Southe of 285
Area 21: Buckhead
Area 23: Midtown/Virginia Highlands
Area 31: South Fulton, West End
Area 33: South Fulton outside 285
Area 81: East Cobb, North
Area 82: East Cobb, Central
Area 83: East Cobb South
Area 72: South Cobb
Area 73: Cobb West Central
Area 74: Cobb West
Area 75: Cobb Northwest
Area 121: North DeKalb, Dunwoody
Area 41: DeKalb, Tucker
Area 42: DeKalb, Stone Mountain
Area 43: DeKalb South
Area 221: Forsyth East
Area 222: Forsyth Southwest
Area 62: Gwinnett, Duluth/Buford
Area 64: Gwinnett, Southwest
Area 161: Clayton County

 

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Tim Maitski

Atlanta, GA

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