Atlanta's Monthly Real Estate Market Trends

Dated: March 26 2017

Views: 21

Market Trend Reports provide a great insight into the real estate market and help guide consumers and REALTORS® as they navigate a real estate transaction.

Spring is early this year. The spring and summer seasons tend to be the busy season for real estate. This season is no exception. Early warm weather, speculation, lack of inventory (especially new construction), and increasing property values are only a few factors likely to spark this real estate season into high gear. There is less than 3 months of inventory in most Metro Atlanta Markets. What this means is that if all builders stop building today, in 3 months time, all available homes for sale will be gone. A balanced market is between 5-7 months of inventory. It is still very much a sellers market. There is an abundance of buyers feeling underwhelmed with the current home options available. Looking to sell? NOW is the time! See what your home is worth here.

In comparison to Jan 2017, for all home types (Single Family, Townhouse, Condo/Coop) February 2017 new listings are up by 5.7%, closed sales are down by 1.9%, pending sales are up by 14.7%, and the median sold price is up by 2.3% which is 7.7% higher than this time last year.

If you are looking to buy, sell, or invests NOW is the time to act. Call, text, and email the Team ROLO team anytime.

770.765.6591

rolo@callrolo.com

Blog author image

Team ROLO .

We understand that buying or selling a home is more than just a transaction: it's a life-changing experience. That's why our team of highly-seasoned real estate professionals are dedicated to providi....

Latest Blog Posts

Manor Lane SOLD!

ROLO Sells Woodstock Manor Lane to Referral Clients Out of state family was recommended to Team ROLO by a past client. While this family traveled out of state to sell their old property, ROLO

Read More

Contemporary Ranch SOLD!

Funky, Modernized, 80's Home! SOLD! What more can you ask for?The perfect, move in ready, fully updated, no stairs, ranch home.Impeccably maintained and well loved.Low maintenance easy no

Read More

Another Woodstock Home Under Contract

ROLO the REALTOR® Does it Again!More happy clients under contract for their stunning traditional Woodstock Georgia masterpiece.These buyers are happy and ready for the closing table.A few more

Read More

Ranch Near Lake Lanier SOLD!

Another Team ROLO Ranch Home SOLD!The market in most metro Atlanta areas is tight right now.Low inventory and increasing demand can make the home buying process very stressful.Given these,

Read More