Atlanta Sales Data, February 2010

Jon Real Estate Leave a Comment

We Realtors are asked fairly often “”how the market is””.  Of course, it’s a loaded question… and to truly answer the question, one really needs to identify a specific sub-market.  As I’ve alluded to earlier, the market for 4-bedroom homes in Dunwoody isn’t quite the market for 1-bedroom condos in Midtown.  That said, I thought it would be fun to look at the gross numbers for the four major counties (Cobb, Dekalb, Fulton and Gwinnett) that make up the Atlanta metro area.

If you’re looking for more granular information, say, what’s happening in your neighborhood or elementary school district, contact me directly and I’d be more than happy to send you the data.

According to FMLS, here are stats for the last month of complete data:

Cobb County

Single Family Homes

February 2009         313 Homes Sold, Average Sales Price of $195,000

February 2010          283 Homes Sold, Average Sales Price of $179,900

x% decrease in sales price, x% increase in sales volume

Condominiums/Townhomes

February 2009         46 Homes Sold, Average Sales Price of $174,500

February 2010          43 Homes Sold, Average Sales Price of $170,000

3% decrease in sales price, 7% increase in sales volume

Dekalb County

Single Family Homes

February 2009         316 Homes Sold, Average Sales Price of $137,950

February 2010          321 Homes Sold, Average Sales Price of $130,000

6% decrease in sales price, 1.5% increase in sales volume

Condominiums/Townhomes

February 2009         33 Homes Sold, Average Sales Price of $183,000

February 2010          23 Homes Sold, Average Sales Price of $55,000

333% decrease in sales price, 30% decrease in sales volume

Fulton County

Single Family Homes

February 2009         398 Homes Sold, Average Sales Price of $170,900

February 2010          348 Homes Sold, Average Sales Price of $203,000

19% increase in sales price, 14% decrease in sales volume

Condominiums/Townhomes

February 2009         136 Homes Sold, Average Sales Price of $173,000

February 2010          121 Homes Sold, Average Sales Price of $175,000

1% increase in sales price, 12% decrease in sales volume

Gwinnett County

Single Family Homes

February 2009         403 Homes Sold, Average Sales Price of $165,000

February 2010          408 Homes Sold, Average Sales Price of $155,000

6% decrease in sales price, 1% increase in sales volume

Condominiums/Townhomes

February 2009         14 Homes Sold, Average Sales Price of $154,000

February 2010          12 Homes Sold, Average Sales Price of $142,800

7% decrease in sales price, 14% decrease in sales volume

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