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Atlanta home values drop $28.5 billion in 2010

by the zac team at Ponce Realty

According to Zillow.com Atlanta homes will lose more value than in 2009. An extreme loss quoted at a total estimate value of $274.8 billion. Read more at http://www.bizjournals.com

Atlanta Housing & Real Estate Market Statistics for October 2010

by the zac team at Ponce Realty

Get your Atlanta housing market statistics! Direct from the First Multiple Listing Service, these numbers are published by Smart Numbers with extensive research and statistics on the Atlanta market. Here, we break down the most significant real estate numbers and put it into a quick reference format to share with our sellers and fellow agents.

The compilation shows October 2010 market statistics versus October 2009 numbers. Enjoy and please feel free to give us a call if you have any questions! And scroll down for links to a year's worth of past statistics! Our office # is 404.564.7200.

Units Closed
2010 2009
Single Family:
3038 4099
Condos/Townhomes: 560 830
Total: 3598 4929
(27% decline)    
     
 New Listings
 
Single Family:
7724 8098
Condos/Townhomes: 1529 1699
Total: 9253 9797
 (6% decline)
   
     
Withdrawn    
Single Family: 1351 1484
Condos/Townhomes: 255 283
Total: 1606 1767
(9% decline)
   
     
Expired    
Single Family: 4061 3948
Condos/Townhomes: 829 861
Total: 4890 4809
(1.7% increase)     
     
Current Inventory    
Single Family: 37054 37093
Condos/Townhomes: 7786 8584
Total: 44840 45677
(1.8% decline)     
     
Sales Price / List Price     
Single Family:  93.2% 94.3% 
Condos/Townhomes:
94.4% 95.0% 
     
Average Days on Market     
Single Family:
120.1 125.5
Condos/Townhomes: 105.2 119.7
     
Inventory     
Single Family: 8.2 months  10.5 months 
Condos/Townhomes: 10.7 months  15.25 months 

                   
Click here for the September 2010 report!
Click here for the August 2010 report!
Click here for the July 2010 report!
Click here
for the May 2010 report!
Click here for the April 2010 report!
Click here for the February 2010 report!
Click here
for the January 2010 report!
Click here
for the December 2009 report!
C
lick here for the November 2009 report!
Click here
for the October 2009 report!
Click here
for the September 2009 report!
Click here
for the August 2009 report!

Want more stats?
We can email you monthly reports on current listings and the last six months of sales for the following areas. Just click below for the neighborhood or condo building that you're interested in!

Click here for Atlanta’s fabulous intown neighborhoods!
(including Morningside, Virginia Highland, Candler Park, and Lake Claire real estate)
Click here for Atlanta’s Midtown condo scene!
(including 12 Atlantic Station, Plaza Midtown, Metropolis, Spire, Mayfair, and 905 Juniper mid-rise and high rise condos)

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Photo of Zac Pasmanick  Real Estate
Zac Pasmanick
RE/MAX Metro Atlanta Cityside
1189 S. Ponce de Leon Avenue
Atlanta GA 30306
Office: 404-564-7272

 

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