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Atlanta Real Estate Update for March 2010

The most recent sales statistics for Atlanta homes for sale were just released for February 2010. Prices and sales coninue to decline.

At a Glance:

  • 2,763 closed single family detached Atlanta homes in February or a decline of 1.3% from the same period last year.
  • Average closed price for all single family in February was $178,568.
  • The average price for single family Atlanta Condos / Townhomes attached was $145,211 in February 2010.
  • The average price for single family detached Atlanta homes was $184,689 in February 2010.  Down 25% from February 2007's $252M average sale price, and down from the June 2007 high of $292,245.  That is a decline in the all time average sales price of  36.8%

James Crawford ABR, Broker Associate

 

 

 

 

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Comment balloon 12 commentsJim Crawford • March 26 2010 11:55AM

Comments

Thanks for the update on Atlanta.

Posted by peter gyoerkoes (Exit Realty NFI) over 8 years ago

Thanks for the update also Jim.  I don't know whether to cry or be happy?

Posted by John Walters, Licensed in Louisiana (Frank Rubi Real Estate) over 8 years ago

pete.exitconroe@gmail.com  Anytime!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 8 years ago

John Walters (Licensed in Slidell, Louisiana) (Slidell, Pearl River, Lacombe)  That is a big drop in a short period of time.

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 8 years ago

Jim, This data is from Febraury, so by the next time data is available and Springtime sales are known, sales should look brighter!

Larry & Sheila 

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo & Home Sale Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) over 8 years ago

Jim, I hate to hear that your numbers are down here. We were up ever so small an amount. But up none the less. Good seeing you here in your hometown this week!

Posted by Connie Harvey, Realtor - Nashville TN Real Estate (Pilkerton Realtors) over 8 years ago

Jim..Well it is interesting to hear the stats in other states ...thanks for keeping me up to date

HELPFULHANNAH

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) over 8 years ago

Wow, Jim your average sale price is still a lot higher than ours.  Hope the market picks up soon.

Posted by Kay Van Kampen, Realtor®, Springfield Mo Real Estate (RE/MAX Broker, RE/MAX Solutions) over 8 years ago

Larry & Sheila Agranoff Realtors Nassau/Suffolk County Long Island NY (Charles Rutenberg Realty Inc.)  Yes these are February's numbers but they are the most current..., I am afraid the trends has not shown any positive signs in a while.  Most sales are distress sales and are under 100K.

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 8 years ago

Connie Harvey Realtor Nashville TN Real Estate (Prudential Woodmont Realty)  Connie it was great seeing you.  Atlanta was a town that had easy credit, no money down and spec homes.  No surprises here.  There is a price to pay for being foolish!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 8 years ago

Hannah Williams (Re/Max affiliates NE)  Anytime Hannah!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 8 years ago

Kay Van Kampen, CDPE, Broker, Springfield Missouri Real Estate (RE/MAX Solutions)  Actaully we are doing well in a not so great market.  We refer out the leads and they are closing.

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 8 years ago

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