I'd like to share a few updates about our robust Atlanta housing market. It's a seller's market with high demand and historically low mortgage rates. Check out some very recent reporting.
Posted by
November 22, 2020
November 2020 Newsletter
Sales price of single family homes in Atlanta rose compared to 2019
- +17% in Brookhaven
- +9% in Sandy Springs
- +7% in Buckhead
- +21% in Vinings
- +15% in Decatur
Why now is a lucrative time to list
It’s a seller’s market
The demand for homes exceeds available inventory.
Buyers have fewer choices
Sellers can expect quicker closings, multiple offers and higher sales prices.
Low mortgage rates
Attract buyers who may have otherwise waited to purchase and can potentially qualify for more house.
Market breakdown
Brookhaven
- 2 months supply
- 122 total active listings
- 57 avg. days on market (July – Oct)
- $1,204,515 avg. sales price
Sandy Springs
- 3 months supply
- 164 total active listings
- 54 avg. days on market (July – Oct)
- $783,541 avg. sales price
Thanks for Stopping By!
My name is Christopher Huffer, and I am a licensed realtor at Beacham and Company. Atlanta real estate is my passion, and I enjoy working with both buyers and sellers. Learn more about my services.