Atlanta Metro Area Real Estate Market Extends Downward Trend in Home Prices

The Atlanta Metro Area remained below its 12-month average sales volume this week as sales slid 6.9% to hit 11,292 homes sold over the last 30 days. Fulton County, which is part of the Atlanta Metro Area, had the most home sales within the area, with 2,111. The median sales price continued to fall, trending downwards for eight weeks to reach $204,500.

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Demographic facts about the Atlanta Metro Area:

  • The average elevation is 919 feet.
  • The median income per household is $57,056 in the area.
  • The student per counselor ratio in this area is 437:1. (513:1 = national average)

Data reported through 10/13/2016

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