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ABR Market Brief: November 2012

The ABR Market Brief is designed to offer an overview of the Atlanta residential market by providing a synopsis of sales, home prices and foreclosures.  Covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, and Paulding.

November Comments

  • Single family residential sales in Metro Atlanta totaled 3,140 in November 2012.
    • Annually, this is an increase of .1% compared to 3,094 total sales in November 2011.
    • Monthly, this is a decrease of 15.3% compared to 3,709 total sales in October 2012.
  • The Median sales price for November 2012 was $153,225.
    • Annually, this is an increase of 25.6% from the median sales price of $123,000 in November 2011.
    • Monthly, median prices increased 9.4% in comparison to October 2012.
  • Bank-owned sales in November 2012 were 30% of total sales, down from 32% and down from 48% of total sales in November 2011.

Monthly Comparison

(September, October, November)

ABR Market Brief: November 2012 | Monthly Median Sales Price to Average Sales Price Comparison

ABR Market Brief: November 2012 | Monthly Total Units Sold

Annual Comparison

(2010, 2011, 2012) 

ABR Market Brief: November 2012 | Annual Median Sales Price to Average Sales Price Comparison

ABR Market Brief: November 2012 | Annual Median Sales Price to Average Sales Price Comparison

ABR Market Brief: November 2012 | Annual REO Units Sold as % of Total Sales

Download the Press Release

For more information on details of this month's report, please contact the Board at 404.250.0051.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

Posted:
Monday, December 17, 2012

About the Atlanta Board of REALTORS®

The Atlanta Board of REALTORS® (ABR) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With nearly 5,000 members, Atlanta is the largest board in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ABR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About RealValuator

RealValuator provides business intelligence to real estate brokers and agents via real-time integration of real estate data. The RealValuator product suite includes search, analysis, and reporting tools based on a comprehensive database of real estate transactions including pre-foreclosures, foreclosures, sales, bank-owned sales, government title transfers, and listing information.