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February 2018 North Metro Atlanta Market Report
Can you believe we're already closing in on the end of the first quarter of 2018? As the weather begins to warm up, we enter the busy season in the real estate market. We're already seeing a flurry of activity for the new year, according to the February 2018 North Metro Atlanta Market Report. Prices and sales rose from last year while new and existing inventory decreased.
February 2018 North Metro Atlanta Market ReportFebruary 2018 North Metro Atlanta Home SalesAccording to the First Multiple Listing Service (FMLS), a total of 2812 North Metro Atlanta homes were sold in February 2018. That's a 4.8% uptick from the number of homes sold at the same time last year. Good news for buyers. The average days a North Metro Atlanta home spent on the market before being sold fell 14% from 56 in February 2017 to 48 in February 2018.
February 2018 North Metro Atlanta Home PricesYear-over-year sale prices gained 2.3%, going from $323,473 last February to an average of $330,902 in February 2018. Even so, they slipped a slight 1.7% from January 2018. North Metro Atlanta Buyers paid 97.9% of the list price for their final sale price. That marked just 1/2% more than what they ... more

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