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Atlanta Home Sales | Atlanta Home Sale Trends for August 2005 - 2009 | Atlanta August Homes Sold

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Real Estate Agent with Long & Foster 0225078705

Atlanta Real Estate Market - Home Sales August Trends


It was interesting as I went back into the FMLS statistics this evening and matched up previous August Atlanta homes sales of single family detached homes, and confirmed the current Atlanta real estate trends for single family detached home sales in the month of August going back to August of 2005.  They trend is unmistakable for Atlanta homes in units sold.  Sales of Detached Single Family Atlanta homes have dropped 39% since August of 2005.  We must force our self to look at the over all trends rather than go month to month and miss out on what is really occurring in our marketplace.  A 5 year chart of the same month allows us to see what  is really taking place.  In effect, we are comparing apples to apples.
Atlanta August 09 Home Sales
Posted by

James Crawford Broker Associate

Long & Foster Fredericksburg Virginia

678-595-5286 Direct

 

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Long and Foster Fredericksburg VA

Jim & Cathy Wood Greater Nashville Area Real Estate
Crye-Leike Realtors, Inc. - Mount Juliet, TN

Jim-

 

I see that your Y-O_Y number for August is NOT less. Could this mean a bottoming out for transactions? 

Sep 24, 2009 02:59 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Jim Wood Nashville Real Estate (Crye-Leike Realtors, Inc.)  Good observation!  Yes, and no.  Prices have moved a lot lower in that time-frame also.  It is a bottom of sorts, and what I would like to see now is prices firm up.

Sep 24, 2009 03:59 AM