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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Withdrawn    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 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 March 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 March 2009 market statistics versus March 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                    3,215         4,194
Condos/Townhomes            512           780
Total                                 3,727         4,974
 
(25% decline)
                

New Listings:                     2009        2008
Single Family                     10,752      13,223
Condos/Townhomes            1,987        2,357
Total                                 12,739       15,580
(18% decline)

Withdrawn:                          2009        2008
Single Family                        1,892       2,459
Condos/Townhomes                384          492
Total                                    2,276        2,951
(23% decline)

Expired:                                2009        2008
Single Family                        4,550         5,240
Condos/Townhomes               1,040         967
Total                                     5,590        6,207
(10% decline)

Current Inventory:                 2009         2008
Single Family                         44,968      55,891
Condos/Townhomes                 9,717       11,240
Total                                      54,685       67,131
(19% decline)

Inventory:                              2009                  2008
Single Family                        13.05 months      13.1 months
Condos/Townhomes               17.55 months      14.65 months

Sales Price to List Price:        2009          2008
Single Family                           92.8%       95.2%
Condos/Townhomes                  91.6%       95.8%

Average Days on Market:       2008        2007
Single Family                          109.2        136.4
Condos/Townhomes                
116.9       137.5

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.

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.

The Homestead Exemption is available to legal residents of Georgia for their primary homes. Please give our office a call at 404.564.7200 if you have any specific questions on filing! 
You are able to claim a partial exemption, which can amount to substantial property tax savings. Senior citizens may have additional exemptions available. Check with your county tax office. You are entitled to the Homestead Exemption if you owned and occupied your home by January 1. Homeowners are eligible to apply anytime during the year after receiving their warranty deed. However, the deadline to apply is March 1st for current year exemptions unless otherwise noted.
Any person owns and occupies the house on January 1, 2008 and files for the exemption. If you sold a home in 2007, but did not purchase another home in Georgia, you do not qualify for an exemption.

More information available at the Georgia Department of Revenue Site: www.etax.dor.ga.gov/PTD/adm/taxguide/exempt/homestead.aspx

Documents needed in filing

A copy of the recorded warranty deed, Social Security numbers of all persons on the deed, the mortgage holder, and the amount of the mortgage.
* Note: Some counties may require a copy of the closing statement & proof of age for senior citizens.

Application available at: www.etax.dor.ga.gov/ptd/adm/forms/LGS_Homestead_Exemption_Application_LGSHomestead.pdf

Where and when to file
Barrow County: 233 East Broad St., Winder | 770-307-3108 | M-F: 8am to 5pm | www.barrowga.org

Cherokee County: 100 North St., Suite G-20, Canton | 678-493-6120 | M-F: 8 am to 5pm | www.cherokeega.com

Cobb County: Cobb County homeowners file by mail. You should be receiving applications soon. If not, consult the tax office at 736 Whitlock Avenue, Suite 100, Marietta. | 770-528-8600 | M-F: 8am to 5pm |
www.cobbtax.org & www.cobbtax.org/Forms/HtmlFrame.aspx?mode=content/Exemptions.htm&LMparent=189 County:

Clayton County:
 121 South McDonough St., Courthouse Annex Bldg 3, Jonesboro | 770-477-3311 ext. 236 | M-F: 8am to 5pm | http://www.co.clayton.ga.us 

Dawson County: 78 Howard Ave E., Ste. 120, Dawsonville | 706-344-3590 | M-F: 8am to 5pm |
www.dawsontaxassessors.org

City of Decatur: Decatur City Hall, 509 N. McDonough St., Decatur | 404-370-4100 | M-F, 8 am to 5 pm |
www.decaturga.com | If you filed for a homestead exemption with DeKalb County, you must also apply with the City of Decatur

DeKalb County: 4380 Memorial Dr., Ste. 100, Decatur | 404-298-4000 | M-F: 8am to 5pm | www.co.dekalb.ga.us &
https://dklbweb.dekalbga.org/taxcommissioner/index.asp?pg=homestead 

Douglas County: Douglas County Courthouse, 8700 Hospital Dr., Douglasville | 770-920-7272 | M-F: 8am to 5pm |
www.co.douglas.ga.us  

Fayette County: 140 Stonewall Ave. West, Ste.110, Fayetteville | 770-461-3652 | M-F: 8am to 5pm |
www.admin.co.fayette.ga.us  

Forsyth County: 110 East Main St., Ste 260, Cumming | 770-781-2106 | M-F: 8am to 5pm |
www.forsythco.com  

Fulton County: 141 Pryor Street SW, Ste. 1047B, Downtown Atlanta | 404-224-0102 | M-F: 8am to 5pm | You may file in ANY Fulton County Tax Office. There are two annexes in Fulton County at 7741 Roswell Rd., Sandy Springs & 3155 Royal Drive, Ste. 175, Alpharetta |
www.fultoncountytaxes.org/fultoniwr & http://ww2.co.fulton.ga.us/index.php?option=com_content&task=view&id=259&Itemid=197

Gwinnett County: 75 Langley Dr., 1st Floor, Lawrenceville | 770-822-8800 | M-F: 8:30am to 5pm | Call for Application |
www.co.gwinnett.ga.us  

Hall County: 300 Green St., Rm 203, Gainesville | 770-531-6720 | M-F: 8am to 5pm |
www.hallcounty.org 

Jackson County: 67 Athens St., Jefferson | 706-367-6330 | M-F: 8am to 5pm |
www.qpublic.net/ga/jackson

Paulding County: 25 Courthouse Square, Annex Bldg., Dallas | 770-443-7606 ext. 45 | M-F: 8am to 5pm | www.paulding.gov  

Rockdale County: 969 Pine St., Conyers | Filing deadline is June 1st | 770-761-3073 | M-F: 8am to 4:30pm |
www.rockdalecounty.org  

Walton County: 303 South Hammond Dr., Suite 109, Monroe | 770-267-1352 | M-F: 8am to 5pm |
www.waltoncountytax.com

 

Who is entitled to Homestead Exemption?

What is a short sale in real estate? And how can it help sell a home in Atlanta?

by the zac team @ RE/MAX Greater Atlanta

A short sale takes place when a home owner cannot afford to make their mortgage payments to the bank due to unforeseen hardship or extenuating circumstances. A request from the home owner must be made to the lending bank’s “loss mitigation department” and the bank must agree to a loan payoff typically less than the amount borrowed. Short sales are a way to help distressed homeowners, but not a way to simply get rid of a home in a difficult real estate market. If you are worried about foreclosure and want to know more about your options or the possibility of a short sale, please click here.

Below are a few situations that could justify the bank granting a short sale. These MUST be qualified and proven in writing to the lending bank. If you are facing one of the following situations and struggling to make your payments, please talk to your lender as soon as possible:

Ø       Illness of a borrower or co-borrower and, due to that illness, cannot continue to make payments. This would have to be accompanied by a doctor’s statement of permanent or long-term disability.

Ø       Death of a co-borrower who originally qualified for the loan.

Ø       Divorce or legal separation accompanied by legal documentation and attorney’s correspondence.

Ø       Involuntary loss of job or a significant modification in pay with documentation from employer and recent and past check stubs as verification.

Ø       Illness of a family member where borrower or co-borrower is the only one that can provide care; again, a doctor’s statement would be required.

 

Unjustified or trivial reasons will not be supported. A few examples of these include:

Ø       You quit your job or were fired for just cause.

Ø       You refinanced or obtained a loan with accelerating payments, high interest rate, or negative amortization.

Ø       You ran your credit cards up to the max and can’t afford all your payments.

Ø       You bought a new car or other large purchase and now can’t afford all of your payments.

Ø       You decided to separate from a spouse or significant other co-borrower without a divorce or legal separation.

Ø       You decided to or need to relocate and the value of the property is less than the outstanding balance of the loan. 

 
The title “short sale” can be slightly deceiving since these transactions can still involve a few months of dealing with the bank, they still tend to be less costly, quicker, and less damaging than foreclosures (for both the bank and home owners). If you plan on buying a short sale home, know that you may have to wait 60-90 days for the closing.

If you have any questions about how short sales work, just give us a call and we can show you the checklist of items required by the bank, explain the process step-by-step, and go over a sample hardship letter. Or, if you feel like you might be in risk of foreclosure, please give us a call today so we can help. Just call our office at 404.564.7200 and ask to speak to someone on the listing team.

If you would like to know more about saving your home from foreclosure, please click here for our blog titled, “Foreclosure Help & Assistance for Atlanta Homeowners.”


For more short sale details for those who are more familiar with the process, you can check out a thorough short sale blog here.

Atlanta Housing & Real Estate Market Statistics for November 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                           2,385         3,748
Condos/Townhomes                   362           725
Total                                        2,747         4,473
 
(39% decline)
                

New Listings:                     2008        2007
Single Family                           8,031         10,209
Condos/Townhomes                  1,521         1,983
Total                                        9,552         12,192
(22% decline)

Withdrawn:                          2008        2007
Single Family                             1,619         2,197
Condos/Townhomes                    511            372
Total                                          2,130         2,569
(18% decline)

Expired:                                2008        2007
Single Family                             5,429         5,882
Condos/Townhomes                    906            1,060
Total                                          6,335         6,942
(9% decline)

Current Inventory:              2008        2007
Single Family                             50,161       56,721
Condos/Townhomes                   10,399       11,506
Total                                          60,560       68,227
(11% decline)

Inventory:                              2008             2007
Single Family                        13.8 months      12.5 months
Condos/Townhomes               17.15 months    13.45 months

Sales Price to List Price:    2008        2007
Single Family                               93.0%       95.5%
Condos/Townhomes                      94.5%       96.3%

Average Days on Market:   2008        2007
Single Family                               88.0           92.4 (128.1 avg. total DOM)
Condos/Townhomes                      89.5           94.7 (125.7 avg. total DOM)

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.

Atlanta, GA Real Estate and Housing Statisics for the Month of October 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. Since the 130+ page document can be a bit overwhelming, we break it down and put it into a quick reference format to share with our sellers and fellow agents. The compilation shows October 2008 numbers versus October 2007 numbers. Enjoy and please feel free to give us a call if you have any questions! Our office # 404.564.7200.

Units Closed:                     2008        2007
Single Family                           2,901         3,967
Condos/Townhomes                   486           789
Total                                        3,387         4,756
                 

New Listings:                     2008        2007
Single Family                           10,287       12,941
Condos/Townhomes                  2,089         2,568
Total                                        12,376       15,509

Withdrawn:                          2008        2007
Single Family                             2,078         2,879
Condos/Townhomes                    377            469
Total                                          2,455         3,348

Expired:                                2008        2007
Single Family                             6,460         6,479
Condos/Townhomes                   1,151          469
Total                                          7,611         7,626

Current Inventory:              2008        2007
Single Family                             51,849       42,679
Condos/Townhomes                   10,681        8,587
Total                                          62,530       51,266

Inventory:                              2008             2007
Single Family                        13.8 months      12.6 months
Condos/Townhomes               16.95 months    13.25 months

Sales Price to List Price:    2008        2007
Single Family                               89.7%       92.6%
Condos/Townhomes                      95.2%       96.3%

Average Days on Market:   2008        2007
Single Family                               128.3         120.5
Condos/Townhomes                      127.4         128.1

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.

Displaying blog entries 1-10 of 12

Contact Information

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
Fax: 404.564.7201

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