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North Metro Atlanta June 2016 Home Sales
Month-to-month North Metro Atlanta home sales continued their upward trajectory for the sixth month in a row.  The North Metro Atlanta June 2016 Home Sales showed that prices have gone up while existing home inventory has decreased.  Inventory of new construction stayed the same.
North Metro Atlanta June 2016 Home Sales
The First Muliple Listing Service reported that a total of 4615 North Metro Atlanta single-family detached homes were sold in June 2016.  This was 4.7% higher than May 2016.  However, it was a slight 0.01% decrease from June 2015.  The year-to-date sales in the North Metro Atlanta market are now 22,407, an 8.2% increase from the same time last year.
The average sale price for a North Metro Atlanta home sold in June 2016 was $332,256.  This is a 4% increase from the same time last year and a 2.1% increase from May 2016.  The list price to sale price ratio increased slightly, from 97.5% last year to 97.7% last month.  The average days a home stayed on the market decreased from 49 in June 2015 to 42 in June 2016.
What North Metro Atlanta Buyers Need to KnowNew construction had 6.9 months of inventory on hand.  This is the same as last year. ... more

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