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North Metro Atlanta Real Estate - Alpharetta Georgia Real Estate Update for 1/28/2008

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers 202787

 

The ALPHARETTA market is currently quite strongly in the Buyers Market zone (below 30).

The 90-day Market Action Index stands at 11. With several months of inventory available at the current sales rate, buyers should find ample choice.

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market, prices are not yet moving higher as excess inventory is consumed.  However, if these supply and demand trends continue, we are likely to see upward pressure on pricing.

Click Here to download a full report of the past weeks real estate activity in ALPHARETTA, GA.  Includes charts showing prices, average days on market, inventory levels and more.

Visit www.luciabrooks.com to see over 100,000 North Metro Atlanta real estate listings for sale.  Each listing includes multiple photos, maps and neighborhood info.