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September 2018 North Metro Atlanta Market Report
New construction continues to add a few more homes to the local real estate market. Even though the average sale price rose from last year, the September 2018 North Metro Atlanta Market Report showed that it dropped off slightly from August's average sale price, marking the third month in a row of month-over-month decreases. Total sales fell below 4000 for the first time since February 2018.
September 2018 North Metro Atlanta Market ReportSeptember 2018 North Metro Atlanta Market Report - SalesThe First Multiple Listing Service (FMLS) reported a total of 3648 North Metro Atlanta Home Sales in September 2018. That marked the first time that sales fell below 4000 for the month since February of this year. It also marked a 4.1% decrease from September of last year. The average time a North Metro Atlanta home spent on the market before going under contract rose slightly from 37 days in September 2017 to 39 days last month.
September 2018 North Metro Atlanta Market Report - PricesYear-over-year prices continue to rise. Buyers paid an average of $354,363 in September 2018, a 6.8% increase from September 2017. But, that was also 2.2% less than August 2018's average. That makes three months in a row that ... more
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