Getting Warmer: Atlanta’s Early Spring

Springs is here. Here are some stats about Atlanta’s real estate market as of February 19, 2018

  • There are 1907 single family house listings in “Atlanta”. 40% are under contract.
  • Of this 40% under contract, 674 listing are marked “pending”. Pending listings usually involve non-refundable earnest money. This is way ahead of where we were this list last year (as shown in below overview).
  • Some submarkets show incredible undersupply.
  • Average days on market is 47. Median days on market is 23.

Active For Sale Listings, Sold Listings and Pending Listings. Source: Trendgraphix

There is no way to statically show the spring market played out until we are in the dog days of summer. Indicators are 2018 will be banner year for single family housing in Atlanta.

For more information on your neighborhood, please contact Heery Brothers at 404 974 4378 or [email protected].

 

Data from FMLS and Trendgraphix

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