The second quarter review of real estate in the metro Atlanta area was very interesting. Everyone raves about how hot real estate is in Atlanta, and most people complain that Pickens is much slower in performance.
Looking at the numbers, we find that listings are up slightly in Atlanta while sales are up about the same percentage, and pended sales are up nicely.
In Pickens, units for sale are down 7.3%, while sales are up 43.9% and pended sales are up 31%! On top of that prices have stabilized.
2nd Qtr. 2015 |
2nd Qtr. 2014 |
% Change |
|
Metro Atlanta |
|||
For Sale |
3545 |
3491 |
up 1.5% |
Sold |
965 |
947 |
up 1.9% |
Pended |
963 |
879 |
up 9.6% |
Pickens County |
|||
For Sale |
433 |
467 |
dn 7.3% |
Sold |
40 |
28 |
up 43.9% |
Pended |
38 |
29 |
up 31% |
|
|
|
|
I suppose the question is after people have gone through such a tough period in real estate trying to sell property, why are there not more people listing homes now that the numbers are up?
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