Metro Atlanta Real Estate Market Trends Report for May 2013
The Metro Atlanta real estate market trends report for May 2013 shows the following:
- The median sales price is up 42% from the same period last year.
- The number of closed sales is up 1% from the same time last year.
- The average days on market is 26% less than the same time last year.
- We have a 2.5 months supply of inventory, which is down 48% from the same time last year
As has been reported in this blog, and by news reports around the Internet, we have very little inventory of homes to sell. This is evidenced by ony a 1% increase in sales since the same time last year, even while prices are going up. Now is the right time to buy before prices go up any higher.
The Johns Creek and Alpharetta real estate markets where I do a lot of business are hotter than ever this year. As a free, no obligation service you can get enrolled for automatic email updates as homes for sale in Johns Creek or homes for sale in Alpharetta come on the market at my website, www.ExecutiveHomesAtlanta.com.
Do you want to buy a home in Alpharetta or Johns Creek, but you're not sure exactly what type of a home you will get in those areas that is within your budget? No problem, I can set up a private tour of some selected homes for sale in Alpharetta or homes for sale in Johns Creek that fit your criteria to show you what is out there, and help you in your decision making!