Atlanta Real Estate Market Update

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

The key takeaways, 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

About the Author

Jon

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Jon Effron is widely regarded as one of the leading Realtors in Atlanta, working with both buyers and sellers throughout the metro area to maximize their real estate investments. In 2014, Jon was the #1 individual agent at Keller Williams Intown, one of the largest brokerages in Intown Atlanta. Prior to becoming a Realtor, Jon was the Vice President of Development at Tujay Group, an Atlanta real estate development firm. His career pre-real estate included stints at ABCNews.com, eGroups (now Yahoo! Groups) and Elite Traveler magazine, where he served as the Vice President of Marketing.