Zac Pasmanick - The Zac Team

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Atlanta Housing & Real Estate Market Statistics for July 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 July 2010 market statistics versus July 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:
3,311 4,684
Condos/Townhomes: 576 725
Total: 3,887 5,409
(28.1% decline)    
     
 New Listings
 
Single Family:
8,896 9,200
Condos/Townhomes: 1,771 1,769 
Total: 10,667
10,969 
 (2.8% decline)
   
     
Withdrawn    
Single Family: 1,681 1,764 
Condos/Townhomes: 283  332 
Total: 1,964  2,096 
(6.3% decline)
   
     
Expired    
Single Family: 3,874  3,997 
Condos/Townhomes: 925  866 
Total: 4,799  4,863 
(1.3% decline)     
     
Current Inventory    
Single Family: 39,500  41,898 
Condos/Townhomes: 8,385  9,297 
Total: 47,885  51,195 
(6.7% decline)     
     
Sales Price / List Price     
Single Family:  93.6% 94% 
Condos/Townhomes:
95.3%  94.8% 
     
Average Days on Market     
Single Family:
101.7  150 
Condos/Townhomes: 108.1  131.2 
     
Inventory     
Single Family: 9.4 months  11.35 months 
Condos/Townhomes: 11.25 months  18.4 months 

                   
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)

Atlanta Housing & Real Estate Statistics for March 2010

by the zac team @ RE/MAX Greater Atlanta

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 March 2010 market statistics versus March 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                       3,793           3,607
Condos/Townhomes               711             598
Total                                    4,504          4,205

(7% increase)
                

New Listings:                      2010            2009
Single Family                      10,922         10,752
Condos/Townhomes              2,099           1,987
Total                                   13,021         12,739
(2% increase)

Withdrawn:                          2010            2009
Single Family                       1,288            1,873
Condos/Townhomes                238               389
Total                                    1,526            2,253
(32% decline)

Expired:                                2010           2009
Single Family                        3,241          4,496
Condos/Townhomes                 821          1,036
Total                                     4,062          5,532
(27% decline)

Current Inventory:                  2010           2009
Single Family                         37,457        44,968
Condos/Townhomes                 8,501         9,717
Total                                      45,958        54,685
(16% decline)

Inventory:                              2010              2009
Single Family                       9.05 months    13.05 months
Condos/Townhomes             12.6 months     17.55 months

Sales Price to List Price:        2010          2009
Single Family                          93.8%        92.7%
Condos/Townhomes                 94.8%        91.6%

Average Days on Market:       2010          2009
Single Family                          113.2         112.7
Condos/Townhomes                 129.2
        117.7

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!

Click here
for the July 2009 report!

Click here
for the June 2009 report!

Click here
for the May 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)

Atlanta Housing & Real Estate Statistics for February 2010

by the zac team @ RE/MAX Greater Atlanta

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 February 2010 market statistics versus February 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                       2,763           2,799
Condos/Townhomes                507             420
Total                                    3,270           3,219

(1.5% increase)
                

New Listings:                      2010            2009
Single Family                       8,654           12,662
Condos/Townhomes              1,774            2,390
Total                                   10,428          15,052
(31% decline)

Withdrawn:                          2010            2009
Single Family                       1,051            1,554
Condos/Townhomes                337               257
Total                                    1,388            1,801
(23% decline)

Expired:                                2010           2009
Single Family                        2,724          4,325
Condos/Townhomes                 640             886
Total                                     3,364          5,211
(35% decline)

Current Inventory:                  2010           2009
Single Family                         35,968        54,877
Condos/Townhomes                 8,306         11,134
Total                                      44,274        66,011
(33% decline)

Inventory:                              2010           2009
Single Family                        9 months      15.7 months
Condos/Townhomes           12.7 months     20.5 months

Sales Price to List Price:        2010          2009
Single Family                          94.4%        95.2%
Condos/Townhomes                 94.6%        95.7%

Average Days on Market:       2010          2009
Single Family                           109.1         137.3
Condos/Townhomes                 113.4 
        146.6

Click here for the January 2010 report!
Click here for the December 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)

Click 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!

Click here
for the July 2009 report!

Click here for the June 2009 report!
Click here for the May 2009 report!
Click here for the March 2009 report!
Click here for the February 2009 report!
Click here for the December 2008 report!
Click here for the November 2008 report!
Click here
for the October 2008 report!
Click here for the September 2008 report!
Click here for the August 2008 report!
Click here for the July 2008 report!

Atlanta Housing & Real Estate Statistics for January 2010

by the zac team @ RE/MAX Greater Atlanta

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 January 2010 market statistics versus January 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                       2,222           2.511
Condos/Townhomes                382              348
Total                                    2,604           2,859

(9% decline)
                

New Listings:                      2010            2009
Single Family                       8,867           10,381
Condos/Townhomes              1,947            2,100
Total                                   10,814          12,481
(15% decline)

Withdrawn:                          2010            2009
Single Family                       1,281            2,006
Condos/Townhomes                237               380
Total                                    1,518            2,386
(36% decline)

Expired:                                2010           2009
Single Family                        3,777          5,505
Condos/Townhomes                 874             980
Total                                     4,651          6,485
(33% decline)

Current Inventory:                 2010           2009
Single Family                         34,374        44,857
Condos/Townhomes                 8,136          9,695
Total                                      42,510        54,552
(22% decrline)

Inventory:                              2010            2009
Single Family                        8.8 months    12.65 months
Condos/Townhomes           12.95 months     16.9 months

Sales Price to List Price:        2010          2009
Single Family                           92.9%        93.8%
Condos/Townhomes                 91.6%        92.3%

Average Days on Market:       2010          2009
Single Family                           99.0          129.3
Condos/Townhomes                 137.9 
        103.5

Click here for the December 2009 report!
Click 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!

Click here
for the July 2009 report!

Click here for the June 2009 report!
Click here for the May 2009 report!
Click here for the March 2009 report!
Click here for the February 2009 report!
Click here for the December 2008 report!
Click here for the November 2008 report!
Click here
for the October 2008 report!
Click here for the September 2008 report!
Click here for the August 2008 report!
Click here for the July 2008 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)

Atlanta Housing & Real Estate Market Statistics for June 2009

by the zac team @ RE/MAX Greater Atlanta

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 June 2009 market statistics versus June 2008 numbers. Enjoy and please feel free to give us a call if you have any questions! And scroll down for links to almost a year's worth of past statistics! Our office # is 404.564.7200.

Units Closed:                     2009        2008
Single Family                    4,105         4,681
Condos/Townhomes            668           766
Total                                 4,773         5,447
 
(14% decline)
                

New Listings:                     2009        2008
Single Family                     9,251       12,684
Condos/Townhomes            1,758        2,117
Total                                 11,009       14,801
(34% decline)

Withdrawn:                          2009        2008
Single Family                        1,699       2,643
Condos/Townhomes                299          478
Total                                    1,998        3,121
(36% decline)

Expired:                                2009        2008
Single Family                        4,221        5,878
Condos/Townhomes               882           1,162
Total                                     5,103        7,040
(38% decline)

Current Inventory:                 2009         2008
Single Family                         42,651      57,461
Condos/Townhomes                 9,493       11,216
Total                                      52,144      68,677
(23% decline)

Inventory:                              2009                  2008
Single Family                        12.4 months      14.25 months
Condos/Townhomes               17.7 months      16.35 months

Sales Price to List Price:        2009          2008
Single Family                           93.7%       95.3%
Condos/Townhomes                  89.9%       95.9%

Average Days on Market:       2009        2008
Single Family                          116.9         127.9 
Condos/Townhomes                
115.7        131.6

Click here for the May 2009 report!
Click here for the March 2009 report!
Click here for the February 2009 report!
Click here for the December 2008 report!
Click here for the November 2008 report!
Click here
for the October 2008 report!
Click here for the September 2008 report!
Click here for the August 2008 report!
Click here for the July 2008 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)

Atlanta Housing & Real Estate Market Statistics for May 2009

by the zac team @ RE/MAX Greater Atlanta

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 May 2009 market statistics versus May 2008 numbers. Enjoy and please feel free to give us a call if you have any questions! And scroll down for links to almost a year's worth of past statistics! Our office # is 404.564.7200.

Units Closed:                     2009        2008
Single Family                    3,481         4,526
Condos/Townhomes            528           795
Total                                 4,009         5,321
 
(25% decline)
                

New Listings:                     2009        2008
Single Family                     8,938       12,641
Condos/Townhomes            1,668        2,031
Total                                 10,606       14,672
(28% decline)

Withdrawn:                          2009        2008
Single Family                        1,569       2,390
Condos/Townhomes                277          313
Total                                    1,846        2,703
(23% decline)

Expired:                                2009        2008
Single Family                        3,722        5,283
Condos/Townhomes               733           943
Total                                     4,455        6,226
(28% decline)

Current Inventory:                 2009         2008
Single Family                         43,441      57,524
Condos/Townhomes                 9,640       11,496
Total                                      53,081      69,020
(23% decline)

Inventory:                              2009                  2008
Single Family                        12.8 months      13.95 months
Condos/Townhomes               17.95 months      16 months

Sales Price to List Price:        2009          2008
Single Family                           93.9%       95.6%
Condos/Townhomes                  94.4%       96%

Average Days on Market:       2009        2008
Single Family                          120           128.8 
Condos/Townhomes                
118.2        135.5

Click here for the March 2009 report!
Click here for the February 2009 report!
Click here for the December 2008 report!
Click here for the November 2008 report!
Click here
for the October 2008 report!
Click here for the September 2008 report!
Click here for the August 2008 report!
Click here for the July 2008 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)

Atlanta Housing & Real Estate Market Statistics for February 2009

by the zac team @ RE/MAX Greater Atlanta

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 February 2009 market statistics versus February 2008 numbers. Enjoy and please feel free to give us a call if you have any questions! Our office # is 404.564.7200.

Units Closed:                     2009        2008
Single Family                    2,411         3,686
Condos/Townhomes            345           695
Total                                 2,756         4,381
 
(37% decline)
                

New Listings:                     2009        2008
Single Family                     9,114       12,662
Condos/Townhomes            1,821        2,390
Total                                 10,935      15,052
(27% decline)

Withdrawn:                          2009        2008
Single Family                        1,558       2,397
Condos/Townhomes                257          390
Total                                   1,815         2,787
(35% decline)

Expired:                                2009        2008
Single Family                        4,360         5,003
Condos/Townhomes                 896          948
Total                                     5,256         5,951
(12% decline)

Current Inventory:                 2009         2008
Single Family                         45,032      54,887
Condos/Townhomes                 9,721       11,134
Total                                      54,753       66,011
(17% decline)

Inventory:                              2009                 2008
Single Family                        12.8 months       15.7 months
Condos/Townhomes               17.65 months     20.5 months

Sales Price to List Price:        2009          2008
Single Family                               93.6%       95.2%
Condos/Townhomes                      94.5%       95.7%

Average Days on Market:       2008        2007
Single Family                          135.6        137.3
Condos/Townhomes                
134.4       146.6

Click here for the December 2008 report!
Click here for the November 2008 report!
Click here
for the October 2008 report!
Click here for the September 2008 report!
Click here for the August 2008 report!
Click here for the July 2008 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)

If you're thinking of selling your home, we have tips on selling your home for the most money, too Just check out our guide, “How to Sell Your Home for Top Dollar Fast” which we will send to you automatically when you sign up for your home prices report.

You can also view our listing Plan of Action and Marketing Plan online anytime to get a preview of how we would get your home SOLD! Just visit www.GotZac.com.

Stimulus news (of course) & foreclosure updates

by the zac team @ RE/MAX Greater Atlanta

Dear Neighbors,
Here is my weekly email, Wedneday Morning With Zac, that I send out to local agents in the Atlanta area. Enjoy!

Breakdown of the stimulus package. With 1,071 pages of the American Recovery and Reinvestment Act, it’s hard to know where to begin talking about it, but the Center for American Progress estimates that Georgia will receive $15.84 billion, or 3.99 percent of our state’s gross domestic product. Read more about this and more about how the package will be divided up here.

Foreclosure suspension extended. Fannie Mae and Freddie Mac have extended the suspension of their foreclosure sales from the original date of January 9 through a new date of March 6. Hopefully, this move will allow for more time for refinancing in an effort to keep homeowners in their residences. Read more here.

New prices! New listings! Open houses! All from the zac team @ REMAX Greater Atlanta
Swanepoel TRENDS report is released. Every year, Stefan Swanepoel releases a report of staggering depth with his observed trends and predictions of the real estate world. Stay ahead of the curve by checking out some of the leading edge technology and information here.

We are searching for two additional agents who, if given an abundant amount of leads, can close at least two additional transactions per month. If that’s you, then I have those leads. Call me directly at 404.564.7272.

Property taxes to stay intact. Due to the $465 million infusion for Medicare for Georgia, Perdue renewed the Homeowners Tax Relief Grant program for this fiscal year. Read more about it here...

No time to quit. Click here for a video that encourages you to fight through the pain of difficult times and work just a little harder to accomplish what you didn’t think was possible. (The video will be up on the right side of the home page through this week).

Three free hours of CE! Only a few seats left! We are offering THREE FREE HOURS of CE training here in our office on February 26th, 2009! Here are the details:

1:45 p.m. - 5:00 p.m.: Real Estate Manners (3 FREE hours of CE)
Sponsored by: RMGA INSTITUTE
Instructor: M. J. Stanton

You will learn:
>> What makes your clients tick and what ticks them off
>> How to develop a profitable business in changing times
>> How to polish your presentation skills so you shine like a pro each and every time you are in front of a prospect
>> How to avoid the down market syndrome
>> How to avoid time consuming real estate complaints that drain motivation and alter powerful mind set

Seating is limited! Make reservations not later than February 23, 2009 at 404.564.7268.

Foreclosure Dictionary. This is an extremely comprehensive list of foreclosure and REO terms and definitions which can help you with contracts, clients, and perhaps your trivia game. Click here!

"Common-Sense Solutions for Saving Homes & Communities." The Center for Responsible Lending and the PICO National Network have teamed up to produce a paper calling for a different approach to avoiding the predicted three million foreclosures over the next several years. One of the biggest calls to action is making drastic changes to the loan modification process and requiring banks that receive TARP money to adopt this aggressive loan modification model. Read more here...


Do you have friends who are interested in joining the real estate business? We have a link on our careers page to real estate licensing, appraisal, and home inspection schools!

The Six Rules to Active Listening. Do you find yourself thinking about what you are going to say while the other person is still talking? Or fiddling with a paperclip or pen unknowingly? Then it might be time to read this blog. In a sales environment, it’s always a good time to revisit the rules of active listening. Click here for more!

Turn off your car! Did you know that if you let your vehicle idle for more than 30 seconds, you use more gas than it takes to turn off the engine and start it back up? And that idling for 10 minutes a day wastes about 24.6 gallons of gas per year? Well, the Clean Air Campaign does and is now getting support from UPS for their "No-Idling Campaign." The campaign starts with encouraging parents to turn off their engines when picking up their children from school in order to cut down on harmful emissions released near schools. Read more here!


Cut the cord!
Have some listings that are limping by on life support? Don’t plan on keeping them alive much longer? Don’t worry about them anymore - give me a call and I will pay you a referral fee for them. Please call me directly at 404.564.7272.

Best wishes for a successful week!
Zac

404.564.7272 | zac@zac.biz | www.zac.biz | http://blog.zac.biz

Pending home sales were on the rise at the end of 2008!

by the zac team @ RE/MAX Greater Atlanta

Dear Colleagues,
Yesterday morning, the AJC ran an article with the uplifting news that pending home sales were on the rise in December 2008! "The National Association of Realtors said that pending home sales rose 6.3 percent in December, with string gains in the South and Midwest." The article wasn't online yet at the time of this writing, but you can check it out on page B3 of yesterday’s paper. The Atlanta Business Chronicle also ran a similar article online yesterday which you can read by clicking here.

Condo auctions continue.
Several weeks ago, Tribute Lofts took to the auction block in an attempt to relieve their inventory list and now Element in Atlantic Station is following suite. The developer still owns 35 percent of the building’s 322 units and plans to auction them off at the W hotel in downtown Atlanta on February 28th. Read more here...


We are searching for additional agents who, if given an abundant amount of leads, can close at least two additional transactions per month. If that’s you, then I have those leads. Call me directly at 404.564.7272.

The BeltLine still needs our help! This past Saturday, concerned neighbors and Atlanta residents came together for a "Support the BeltLine" rally in Piedmont Park. The BeltLine still needs the help of the community to write our legislators and stay in the loop about future support events. Please see our blog post here...

Open houses in Atlanta, Candler Park, Morningside and Decatur by the zac team @ REMAX Greater Atlanta!

Upcoming listings!
Vistavia Hills, 4BD / 3BA for $350,000
Howell Station, 3BD / 2BA for $250,000
Avondale Estates, 3BD / 1BA for $259,850

Expose yourself to art with First Thursdays ArtsWalk. The first Thursday of every month, downtown Atlanta showcases various galleries and artists with their ArtsWalk. Tomorrow, you’re invited to join your art-loving neighbors for self-guided tours and sicounts to downtown restaurants. More details here!

If you have friends who are interested in joining the real estate business, we have a link on our careers page to real estate licensing, appraisal, and home inspection schools!

Millard Fuller passed away yesterday. The founder of Habitat for Humanity and the Fuller Center for Housing died yesterday after a brief sickness that lead to chest pains and difficulty swallowing. Over the span of his life, Fuller helped build more than 300,000 affordable homes for underprivileged families and individuals and earned the Presidential medal of Freedom, the nation’s highest honor. He is an influential man who will be missed. You can read obituaries here...
...from the AJC
...from the Atlanta Business Chronicle


What is your word for the year? When business gets too complicated, it can pay to take a step back and select one word that embodies what you want to accomplish this year. I use the power of positive thinking and the laws of attraction to the fullest in my life and my words of the year are "education" and "growth." I focus on these words everyday and on bringing these into my life. What is your word? Read more here!


Best wishes for a successful week!
Zac

404.564.7272 | zac@zac.biz | www.zac.biz | http://blog.zac.biz

P.S. From last week... Click here to check out our quick reference format for December 2008 FMLS stats!

Atlanta Housing & Real Estate Market Statistics for December 2008

by the zac team @ RE/MAX Greater Atlanta

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 November 2008 market statistics versus November 2007 numbers. Enjoy and please feel free to give us a call if you have any questions! Our office # is 404.564.7200.

Units Closed:                     2008        2007
Single Family                           2,994         3,609
Condos/Townhomes                   437           680
Total                                     3,431         4,289
 
(20% decline)
                

New Listings:                     2008        2007
Single Family                           7,382          8,525
Condos/Townhomes                  1,470         1,560
Total                                        8,852         10,085
(12% decline)

Withdrawn:                          2008        2007
Single Family                             1,751         2,070
Condos/Townhomes                    307            333
Total                                          2,058         2,403
(14% decline)

Expired:                                2008        2007
Single Family                             7,833         8,173
Condos/Townhomes                   1,697         1,660
Total                                          9,530         9,833
(3% decline)

Current Inventory:              2008        2007
Single Family                             45,227       52,229
Condos/Townhomes                    9,453        10,549
Total                                          54,680       62,778
(13% decline)

Inventory:                              2008             2007
Single Family                        12.7 months      16.4 months
Condos/Townhomes               16.2 months     18.2 months

Sales Price to List Price:    2008        2007
Single Family                               92.3%       95.4%
Condos/Townhomes                      94.2%       95.8%

Average Days on Market:   2008        2007
Single Family                               89.8           99.4 Condos/Townhomes                      98.3          106.6

Click here for the November 2008 report!
Click here
for the October 2008 report!
Click here for the September 2008 report!
Click here for the August 2008 report!
Click here for the July 2008 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)

If you're thinking of selling your home, we have tips on selling your home for the most money, too Just check out our guide, “How to Sell Your Home for Top Dollar Fast” which we will send to you automatically when you sign up for your home prices report.

You can also view our listing Plan of Action and Marketing Plan online anytime to get a preview of how we would get your home SOLD! Just visit www.GotZac.com.

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Photo of Zac Pasmanick  Real Estate
Zac Pasmanick
RE/MAX Metro Atlanta Cityside
600 Virginia Avenue NE
Atlanta GA 30306
Office: 404-564-7272

 

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