North Metro Atlanta Real Estate Stats - September 2014

By
Real Estate Agent with Keller Williams Realty Partners ~ 678.462.1191 agentandersen@gmail.com Georgia Broker 175548
https://activerain.com/droplet/4q2K

The North Metro Atlanta real estate market continued its hot streak last month.  Total homes sold and the average sale price increased over the same time last year.  This sizzling market doesn't seem to show signs of stopping anytime soon, either.

Total North Metro Atlanta Homes Sold in September - 2010 to 2014

According to the First Multiple Listing Service (FMLS), a total of 3142 homes were sold in the North Metro Atlanta area last month.  That is a 1.8% increase from last year.  It is also the highest number of homes sold during the month of September in the last seven years.  Buyers of North Metro Atlanta homes paid anywhere from $7500 for a 3 bed/1 bath 1037 square foot home built in 1940 all the way up to $2,575,000 for a beautiful English Manor in historic Peachtree Heights.

Average Sale Price for a North Metro Atlanta Home Sold in September - 2010 to 2014

The average sale price for a North Metro Atlanta home was $269,815.  This was a 10.9% increase from September 2013.  It is also the highest average sale price in the North Metro Atlanta real estate market since 2007.  Well over one-third (36.7%) of the total homes sold in North Metro Atlanta last month were between $200,000 and $399,999.  The list price to sale price ratio was 97% while 43% of the total homes sold in September 2014 went under contract within 30 days of being placed on the market.

This is all great news for a North Metro Atlanta home Seller.  Prices and demand are up.  If you price your home appropriately for the current market, you will be getting more money for it than you would have at the same time last year.  That doesn't mean that North Metro Atlanta Buyers will pay more than it's worth, though.  Buyers need to do a bit of homework, talk to their real estate agent and be prepared to come to the table with a firm offer.  Contact your North Metro Atlanta REALTOR® when you are ready to buy or sell.

Laura Andersen, Keller Williams Realty Partners, your North Metro Atlanta REALTOR®

Posted by

Laura Andersen, REALTOR®, Associate Broker / Keller Williams Realty Partners
678-462-1191
AtlantaHOMEListings.com

 

  

  

 

 Laura Andersen | Associate Broker at KW Realty Partners | www.AtlantaHomeListings.com

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Groups:
Posts to Localism
Local Expert
Market Reports
Tags:
north metro atlanta real estate
north metro atlanta homes for sale
north metro atlanta real estate stats september 2014
north metro atlanta real estate market
north metro atlanta home sales

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
3,284,853
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Laura,  Great information for buyers and sellers in your area.  Keep up the good work.

Oct 18, 2014 02:28 AM #1
Rainmaker
2,893,505
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Laura - These are very helpful great list of real estate stats on North Metro Atlanta September 2014.

Oct 18, 2014 06:48 AM #2
Rainmaker
1,570,710
David Saks
(retired) - Memphis, TN

Fine post and great information. Hopes for a successful fine day for you.

Oct 19, 2014 02:07 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
99,766

Laura Andersen

A HomeSOLD Name (678)462-1191 Woodstock, Georgia
Call your Market Leader, Laura Andersen, for buying or selling
*
*
*
*
Spam prevention