Price Cuts Low Point in Atlanta Real Estate Market

There were 1,006 homes sold in the Atlanta market over the last 30 days, continuing a three-week negative trend. During the same period, the number of price reductions fell to their lowest level since July at 1,355. In comparison, Sandy Springs led all other nearby municipalities with 303 price reductions. While sales were soft, months of inventory hit four, extending an upward trend to four weeks.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Atlanta:

$103K   $104K   $105K  

Get started right now by checking out Atlanta homes for sale or reviewing Atlanta real estate trends.

Demographic facts about Atlanta:

  • The median value of all homes is $114,100.
  • This area usually gets 107 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 9.6%.
  • There are 14.2 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016


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