Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

July 2016 North Metro Atlanta Home Sales
I know it's summer, but do I detect a slight chill in the air?  For the first time this year, North Metro Atlanta home sales actually decreased from the previous month.  They were also lower than the same time last year.  However, the July 2016 North Metro Atlanta Home Sales Report showed that the average price increased.  Could this be due to inventory levels coming down?  Possibly.  Read on to find out more.
July 2016 North Metro Atlanta Home Sales
According to statistics reported by the First Multiple Listing Service (FMLS), a total of 4345 North Metro Atlanta homes were sold in July 2016.  This represented a 2.7% decrease from last year.  It was also a 5.9% drop from June 2016.  Even so, year-to-date sales for single-family detached homes in the North Metro Atlanta Area outpace last year's figures by 6.8% (25,333 in July 2015 vs 27,051 in July 2016).
Even though sales decreased, prices went up.  The July 2016 North Metro Atlanta Home Sales Report showed an average sale price of $334,291 last month.  That's 9.4% higher than last year and just slightly higher than June 2016's $332,256 average sale price.  The average days on market have decreased from 46 in July 2015 ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention