Inventory key as markets return to seasonal norms. Atlanta remains a seller’s market with a two-month supply of available houses. Interest rates are inching up, price appreciation has settled down a bit and overall the market is returning t...
The housing market is starting to adapt.
For the first time in two years, inventory is catching up slightly with demand. Through the pandemic, metro Atlanta had a one-month supply of houses on the market. Last month, the supply jumped t...
Across the 11-county metro Atlanta area, the number of active listings for sale climbed 15% last month over June 2021. However, in the five close-in markets Dorsey Alston, Realtors tracks, active listings were down 14% over the same period...
Based strictly on the month-to-month numbers, key Atlanta submarkets from North Fulton to Virginia Highland are starting to apply the brakes early.
Whether it’s a blip or a trend remains to be seen.
Buckhead, East Cobb, North Fulton...
On average, a house listed for sale in North Fulton takes 16 days to go under contract.
A house listed in the combined Brookhaven/Dunwoody market sits for 17 days before an offer is accepted, and in East Cobb, 19.
With inventory remai...
Across metro Atlanta, fewer houses hit the market last month, and the number of sales was down compared to February of last year, while the average sales prices jumped by more than 17%. Another picture emerges when comparing January 2022 to...
Across metro Atlanta, the number of sales and average sales prices continued to climb last month, while the number of days houses were on the market continued to fall.
FMLS data show the market sustained the trend through 2021, with December...
The central themes of Christmas and its traditions revolve around our homes.
We put up trees, decorate and gather.
To get a sense of the season, all you need to do is listen to the music.
“I’ll be Home for Christmas” addresses be...
Dorsey Alston is back with our monthly housing numbers. We take an in-depth, month-to-month look at the numbers in the six close-in Atlanta statistical areas of North Fulton, East Cobb, Buckhead, Intown, Sandy Springs and Brookhaven/Dunwoody.
...
The Atlanta housing market is hot, just not red hot like it was earlier this year.
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 compar...