Alpharetta Real Estate Market - Stats for North Atlanta

By
Real Estate Agent with Keller Williams Realty

The FMLS covers primarily the North part of Atlanta and is the primary MLS I use.  Here is a summary of the inventory of homes per the FMLS summary sheet:

Here are some great stats from the FMLS Summary of the Atlanta Market – the market is improving!!

 

December 2012 Active Inventory Overview

Active inventory level for Residential Single Family Detached continues to drop with 14,136 active listings as of the end of December 2012 vs. 23,468 active Residential Single Family Detached listings as of the end of December 2011. This represents drop in active inventory for Residential Single Family Detached of 40%.

Active inventory level for Residential Single Family Attached continues to drop with 2,497 active listings as of the end of December 2012 vs. 4,466 active Residential Single Family Attached listings as of the end of December 2011. This represents drop in active inventory for Residential Single Family Attached of 44%.

 

Total Active Listings All Property Types

December 2012 23,564

November 2012 26,641

December 2011 36,695

 

There were 6,961 new listings entered for all property types in December 2012 vs. 8,269 new listings entered for all property types in December 2011. Total new listings entered for all property types in YTD 2012 was 125,676 vs. 142,115 new listings entered for all property types in YTD 2011.

Right now I am seeing a lot of multiple offers on homes - as that continues homes prices will rise and less families will be under water and able to sell - this is a good turn and one I hope continues.

If you like in Cumming, Alpharetta or Suwanee and are considering moving - call me at 770 722-7010 or email me at JohnFoster@remax.net  - I can get your home sold in this market.

With over 10 years experience and a memeber of the remax hall of fame, I have sold homes in North Atlanta in such communities as Creekstone Estates, Montgrove, Chadbourne, The Falls of Autry Mill, Olde Atlanta Club, Windermere, Three Chimneys, Windward, Stonegate, Hanover Pointe to name a few.  Call me if you want to sell.

Comments (1)

Hank Spinnler
Harmony Home Inspection Services of GA - Hoschton, GA
Atlanta Home Inspector

Forsyth was mentioned as one of the best markets along with East Cobb. Hope you have a great year. Let us know about new construction in Forsyth. 

Feb 10, 2013 12:29 AM