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Atlanta MLS Listing Inventory Climbing | Atlanta Active Listings Climb to 84711

Atlanta MLS Listings Climbing  | Atlanta Active Listings Climb to 84711 - I was just checking the Atlanta FMLS listings this evening and was surprised to see how quickly they are rising.  The number has increased by about 1500 since yesterday!  In early January they were about 78,000.  To rise to 84711 Active FMLS Atlanta area listings this early in the season is astounding.  Last year our all time high of MLS listings in the Atlanta FMLS was about 88000 last summer.  April always seems to be the biggest month for new listings to come on the market,a nd it coincides with school ending mid May, and school starting in early August!  If we are at this high a listings this early in the season 2008 will be an all time high year of listing inventory. 

Atlanta high listing inventory is compounded by low sales.  This is guaranteed to force a lot of pricing pressure on other competint homes.  In January there were only 2401 homes sold in all of Atlanta metro!  That is a 39% drop in sales from January 2007. 

  • Active Listings 84711 
  • Pending - 8520 Properties Found
  • Contingency - Other - 486 Properties Found
  • Contingency w/Kickout - 250 Properties Found

Jim Crawford

 

 

 

 

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Comment balloon 10 commentsJim Crawford • February 27 2008 09:46PM
Atlanta MLS Listing Inventory Climbing | Atlanta Active Listings…
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