Straight Talk on Real Estate & Technology
03/31/08 | Kathy Drewien | Category: MLS Moments
This week we are introducing real estate market updates for North Atlanta by zip code.
In partnership with Altos Research, Atlanta real estate market data is now available in two formats on our real estate blog. One, you can download a pdf report including real estate market activity for the week, median prices, market trends. Each report gives a city overview and market activity for the specific zip code.
The second market report is a real time graph of real estate data.
Tonight, we have uploaded the following updates:
We'll be adding the additional Atlanta zip code areas defined as our North Atlanta real estate market area.
Now, for the mls listing report.
The mls listing data (compiled by me, not the mls) year-to-date reports the current number of houses for sale in the defined North Atlanta geographic area. Properties that have sold and pending closing are also year-to-date. (NOTE: the directional changes relate to our last report on the same markers).
- 7506 active mls listings UP
- 826 are "under contract" pending closing UP
- 1062 sold and closed UP
- $381,781 average sales price UP
- 94 average days on market. UNCHANGED
Real estate activity in our North Atlanta market area has been brisk the last couple of weeks. Sellers are bustling to get their home listed for sale in time for the "spring market". The weather has been nice, so buyers have been shopping and writing contracts.
Let's keep an eye on the number of properties closed and the number of houses for sale.
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Posted by Chris Shouse
on 05.04.08 5:54 pm
Great idea and wonderful stats.