April 20th, 2022
With inventory remaining at historic lows, houses with For Sale signs in their front yards are getting snapped up quickly across metro Atlanta. In every market Dorsey Alston reviewed, the average sales prices are up over the first three months of 2022 and up as much as 36% compared to the previous year. At the same time, the number of sales has fallen, down 27% across markets due to the lagging inventory.
October 20th, 2021
Across Metro Atlanta, home prices are up on average, while the number of days it takes for a house to sell are down. Transactions are down, and new listings and sales are lagging compared to this time last year. Just to keep things in perspective, last September was the biggest September in the history of Atlanta real estate, both the number of homes that sold and the prices those homes sold for.
September 22nd, 2021
In this August 2021 Atlanta real estate market report the number of new listings coming to market in August was as low as we have seen this year, which is reflected in the lower number of sales in most Atlanta markets. Prices continued to rise, albeit at a lower pace, and days on market dropped almost 50% when compared to last year. Across the metro Atlanta market, new listings were down nearly 20% on average, while sales prices were up an average of 7%.
August 16th, 2021
Comparing Metro Atlanta housing data from July 2021 to July 2020, sales prices were up, days on the market were down, and sales volume was down for the first time since April. This is a very important data set, as this is the first time we can compare month-to-month numbers that weren’t affected by the lockdown.
July 19th, 2021
Dorsey Alston reviewed FMLS (First Multiple Listing Service) data for June and compared those numbers to the same time last year. Across most markets, we saw a slight uptick in new listings. Sales and close prices were up, and days on the market were half what they were last year.