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July 2019 North Metro Atlanta Market Report
It looks like things in the North Metro Atlanta marketplace really took off last month. The July 2019 North Metro Atlanta Market Report showed that sales soared and prices rose (but just a little). While existing home inventory remained exactly the same as last July, new construction fell off slightly.
July 2019 North Metro Atlanta Market ReportNorth Metro Atlanta Market Report - July 2019 SalesThe First Multiple Listing Service (FMLS) reported a total of 4844 single-family detached homes were sold in the North Metro Atlanta real estate market during July 2019. That's 5.1% more than the 4609 sold during the same time period last year. It's also 10.1% higher than June 2019's total sales. That also makes it the second-highest monthly sales for 2019, behind May's 4953. The average days a home stayed on the market before finding a buyer rose slightly from 35 in July 2018 to 39 last month.
North Metro Atlanta Market Report - July 2019 PricesPrices continued their upward trend in July. They increased by 3.3% from last year to $389,921. Some Fulton County buyers still average more than $1 million for their homes ($1,056,040 on average to be precise). The list price to sale price ratio also went ... more
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