Every month, the First Multiple Listing Service publishes numbers compiled by Smart Numbers with extensive research and statistics on the Atlanta market. The 130+ page document can be a bit overwhelming, so we break it down to the basics here to share with our sellers and fellow agents. The summary compares August 2008 numbers with August 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                           3,736         5,421
Condos/Townhomes                   572          1,009
Total                                        4,308         6,430
                 

New Listings:                     2008        2007
Single Family                           11,078       14,262
Condos/Townhomes                  2,097         2,598
Total                                        13,175       16,860

Withdrawn:                          2008        2007
Single Family                             2,394         3,178
Condos/Townhomes                    398            543
Total                                          2,792         3,721

Expired:                                2008        2007
Single Family                             6,321         6,128
Condos/Townhomes                   1,242          1,111
Total                                          7,563         7,239

Current Inventory:              2008        2007
Single Family                             54,691       58,971
Condos/Townhomes                   10,814        11,534
Total                                          65,505       70,505

Inventory:                              2008        2007
Single Family                        14.4 months   12.3 months
Condos/Townhomes               16.8 months   12.55 months

Sales Price to List Price:    2008        2007
Single Family                               94.6%       96.5%
Condos/Townhomes                      95.3%       96.6%

Average Days on Market:   2008        2007
Single Family                                91.1            87
Condos/Townhomes                      104.4          94.2

 

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.