Here is the Atlanta Georgia FMLS Update for Atlanta single family detached home listings for sale as of today Saturday April 25, 2009 in Metro Atlanta and adjoing Atlanta Metro Counties as listed in FMLS. Inventory is reflective off all AtlantaMetro Areas as listed in the FMLS.
This is for the current FMLS inventory activity of single family detached Atlanta GA homes for sale:
- Active - 45123 Properties Found - Atlanta GA homes for sale
- Contingency w/Kickout - 57 Properties Found - Atlanta GA homes for sale
- Contingency - Due Diligence -366 Properties Found - Atlanta GA homes for sale
- Contingency - Other -246 Properties Found - Atlanta GA homes for sale
- Pending - 6646 Properties Found - Atlanta GA homes for sale
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Jim:
That is amazing inventory! Such a low percentage of pendings. Something will have to give.
Richard
Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) Richard, I know my patience will be first to go.
I haven't checked lately but we had similar numbers but we are seeing less inventory right now which might be a good thing.
Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (Keller Williams Properties) Neal I believe inventory is slightly less here also. I also know there are still a lot of homes available, with fewer buyers.
Jim, in my area south of Atlanta, we have a 21 months supply of inventory at the current rate of purchases to inventory. It's not good, but not as bad as some areas of the country.
Jim-
Looks like 6.5 months supply? (7200 pending and under contract, 45000 available)
Actually thats not bad.
Karen Luke - Henry County Real Estate (Keller Williams Realty ) I heard that. We are still not in good shape at all.
Jim Wood (Crye-Leike Realtors, Inc.) Actually there is a very high shadow inventory. Homes that are foreclosed on but not showing up in the MLS.
Jim, We are beginning to see "stirrings", but the horses are still in the gate - Karen
Karen Kruschka - Fairfax Prince William Stafford County VA Real Estate Service (Long & Foster America's #1 Privately Owned Real Estate Co.) I think it is the same thing here. A flurry of activity but no real rush...