January Atlanta Market Update

We thought you might enjoy the below provided by the Atlanta REALTORS® Association. 

Average and median sales prices continue to gain traction and outpace 2016’s figures, with positive gains. The median sales price in January was $225,000, an increase of 7.7% from last January. The average sales price was $282,000, up 2.5% from the previous year.

Supply: Atlanta area housing inventory totaled 14,705 units in January, an increase of 11.0% from January, 2016. New listings totaled 4,105, up 0.7% from January, 2016 and up 45.4% from the previous month. The month’s supply over a 12-month period remained the same at 3.1 months.

A Word from 2017 Atlanta REALTORS® President Bill Rawlings: “Low inventory continued to be an issue for Metro Atlanta throughout 2016 with inventory still hovering at just over three months of supply. As a result, Median Home prices continue to rise over 2015 and overall, 2016 sales were also up from 2015. This continues a trend of steady positive growth each month for the past five years. With the economy overall showing signs of growth and consumer confidence on the rise, we remain bullish about the real estate market outlook for 2017.”

Atlanta REALTORS® in the Press

• Real Estate Summit: Metro Atlanta leads the nation in available housing lots with 80K (SLIDESHOW)
• ABC quotes ARA Market Brief | 02.06.17
• Atlanta home prices up, Gwinnett has most (Fulton most costly)
• AJC quotes ARA Market Brief | 01.18.17
• Metro Atlanta home prices rise in December
• ABC quotes ARA Market Brief | 01.18.17
• Atlanta Realtors Association names new president
• North Fulton Herald | 01.18.17

Robin Martin is the #1 agent and preferred choice in our community based on homes sold in 2016. Robin has consistently provided her clients superior results averaging an 11% higher price* and selling over 28% faster compared to all other agents combined.

Buying or selling a home is one of the most significant financial decisions you can make. Before selecting an Agent, consider reviewing their track record and actual results.

Robin and her team are truly committed to the community providing a level of service that is more than just sticking a sign in the yard. Don’t take our word for it, see what your neighbors have to say on Zillow!