The Atlanta REALTORS® Market Brief examines sales, prices in 11-county metro area
\Atlanta, GA (March 13, 2018) – (RealEstateRama) — Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its February 2018 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single family residential properties.
|Feb, 2018||Feb, 2017||% Change|
|Total Home Sales||3,384||3,517||-3.8%|
|Median Sales Price||$250,000||$227,000||10.1%|
|Average Sales Price||$306,000||$278,000||10.1%|
|Feb, 2018||Jan, 2018||% Change|
|Total Home Sales||3,384||3,150||7.4%|
|Median Sales Price||$250,000||$244,000||2.5%|
|Average Sales Price||$306,000||$298,000||2.7%|
Demand: February residential sales were at 3,384, a decrease of 3.8% from the previous year.
Price: Average and median sales prices continue to gain traction and outpace 2017’s figures, with positive gains. The median sales price in February was $250,000, an increase of 10.1% from last February. The average sales price was $306,000, up 10.1% from the previous year.