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October 2016 North Metro Atlanta Home Sales
The end of year holidays are upon us.  This Thursday, families gather round the dinner table to give thanks for all of their blessings.  For some, this includes a new home.  According to the October 2016 North Metro Atlanta Home Sales, a higher number of people were new homeowners than last year.  They also paid more.  Read on to learn more.
October 2016 North Metro Atlanta Home Sales
The First Multiple Listing Service (FMLS) reported that a total of 3388 North Metro Atlanta homes were sold in October 2016.  This represented a 4.4% increase in sales from the same time last year.  That was also 9.7% less than September 2016's total sales.  But this appears to be typical for the North Metro Atlanta market.  Total sales for the year continue to outperform last year.  The amount of homes sold so far in the area comes to 39,167, 6.8% higher than those sold through October 2015.
October 2016 North Metro Atlanta Home Prices
The average sale price of a North Metro Atlanta home sold in October 2016 was reported to be $315,340.  While this was 2.9% lower than September 2016, it actually rose 6.2% from October 2015.  For the past three years, prices have steadily increased in the ... more

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