Is Intown Atlanta Really a Seller's Market?

By
Real Estate Agent with Keller Williams Realty

 


WOW!... How did that happen so quickly after years sluggish markets here in Atlanta? Well, buyers came out in
force this year and grabbed up all of the homes that were priced right. That, along with banks still holding on to
their 'shadow inventory', and we've now got a seller's market on all homes under $500k!  We've even seen home prices increase in certain Intown Neighborhoods.

Seller's Market Chart

 

The industry benchmark for a "Balanced Market" is 6-7 months.  Viewing the overall supply shown here against the industry benchmark shows that current levels in price ranges below $500k enjoy a seller's market.

For the first time in many months (and even years), the supply fell into the "Seller's Market" condition overall, with an extremely low supply for homes priced below $200k.


Want more information on Intown Atlanta Homes or would like market statistics for your specific neighborhood, take a look at www.IntownInvestmentHomes.com.

 

 

 

Comments (2)

Todd Clark
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Welcome to Activerain and I hope you are learning a lot and if you ever need any assistance, don't hesitate to check out my blog, email me, call me, I will be glad to help you in any way possible. Also, check out the main page of Activerain and look for the Activerain University tab, there are lots of educational webinars to help you build your business.

Dec 13, 2012 03:18 PM
Ryan Forbes
Keller Williams Realty - Atlanta, GA

Thanks Todd.  Will do!

Dec 14, 2012 12:59 AM