Property Lines
Straight Talk on Real Estate & Technology
MLS Listing Moments - North Atlanta
04/14/08 | Kathy Drewien | Category: Alpharetta, Atlanta Real Estate, MLS Moments, Marietta, Roswell
Today's MLS listing report includes sales to date in comparison to last week's multiple listing statistics. Sales data for 1st Quarter 2008 is reported using information I have examined. This is not an official report from FMLS.
- Active Listings/North Atlanta Houses for Sale - 7763 UP 127
- Under Contract/Pending Closing - 852 UP 7
- Sold/Reported as Closed through April 13 - 1358 UP 152
- Median Sold Price - $369,438 DOWN $3,263
- Average Days on Market - 92 DOWN 1
The market remains flat with little change in the overall number of houses listed for sale in North Atlanta zip codes.
First quarter 2007 was a different market with 2251 houses sold in the same zip code area. Sales are down 40% from the same period last year. In short, there are not the same number of buyers buying today.
My friends and colleagues across the country report similar drops in the total volume of home sales.
Today, when asked, "How's the market?"
My reply is more personal. "My income is down 40% from this time last year."
End of report.
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