Atlanta Real Estate Market Update

Jon Real Estate Leave a Comment

The Atlanta Board of Realtors recently released their February Market Brief, their monthly synopsis of market activity int the Metro Atlanta real estate market.   The big picture price perspective:

 

The key take-aways, by the numbers:

  • Median sales price for February 2014 was $187,000.
  • Prices increased 16.9% from February 2013.
  • Median prices increased 3.9% in comparison to January 2014.

A 17% jump year-over-year.  Low inventory.  Spring “”selling”” season should be interesting.

* Source: Atlanta Board of Realtors; data is pulled from 11 metro Atlanta counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, and Paulding

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