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June 2019 North Metro Atlanta Market Report
We are officially past the halfway point in the calendar year. Where does the time go? At midpoint for the year, sales dropped off slightly from the same time last year. Prices continue to march upward and show no signs of slowing down anytime soon. And inventory levels for new and existing homes came up a tick, according to the June 2019 North Metro Atlanta Market Report.
June 2019 North Metro Atlanta Market ReportNorth Metro Atlanta Market Report - June 2019 SalesAccording to the FMLS (First Multiple Listing Service), a total of 4376 detached single-family homes were sold in the North Metro Atlanta real estate market. That comes in 9.6% less than the 4840 sold during June 2018. It also puts us at 23,571 for the year so far. At that same time last year, a total of 23,776 detached single-family homes had been sold. This also marks the first time this year that home sales fell off from the previous month. The average days a home stays on the market before going under contract rose from 33 in June 2018 to 36 last month.
North Metro Atlanta Market Report - June 2019 PricesWe continue to see an upward trend in prices. Buyers ... more

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