Planning on buying or selling in the near future? Or just curious how much equity you have in your current home? Let’s talk about it! What’s going on with Metro Atlanta Real Estate?
Needless to say, it’s a SELLER’S MARKET right now in Metro-Atlanta! Here is the Atlanta REALTORS® Market Brief, June 2021 Edition:
The June 2021 Market Brief, compiled by First Multiple Listing Service (FMLS), provides a regionally focused synopsis of monthly sales and home prices for residential properties in Metro Atlanta.
This summary covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding and Rockdale.
Demand: June residential sales were at 7,637, an increase of 2.0% from the previous year.
Price: Average and median sales prices continue to outpace 2020’s figures, with positive gains. The median sales price in June was $372,500, an increase of 26.3% from last June. The average sales price was $452,500, up 28.2% from the previous year.
Supply: Atlanta area housing inventory totaled 8,739 units in June, a decrease of 40.1% from June 2020. New listings totaled 9,636, up 2.7% from June 2020 and up 12.9% from the previous month. The month’s supply over a 12-month period increased to 1.3 months.
If you’re ready to buy, that doesn’t mean you have to overpay for what your dream house is worth. Shoot us an inquiry through the link here to work with us!
Or if you’re interested in starting your online search, click here!