Blog Archive

Wednesday, February 3, 2010

62,863 Homes On The Market In Metro Atlanta Today!




You've seen the Better Homes and Gardens Real Estate Metro Brokers billboards located on the metro Atlanta highways.

The billboards reveal the number of homes on the market each day or feature messages on the local housing market. In addition to keeping up with current real estate inventory, the billboards have become water cooler fodder for commuters on their way to work each day.
Last year on Aprils Fools day signs revealed a sense of humor, when they displayed the impossible: ONLY 1 LEFT!
Today, as I write this at 2:46PM, the sign says 62,863 Homes For Sale Today. By the way, current inventory is significantly less than it was a year ago today or even two or three years ago today.
It might interest you to know that according to the FMLS this afternoon, there are currently 5,681 single family homes PENDING SALE in the metro Atlanta area. They range in price from an "Investor Special" needing a new roof and totally new interior for $4,500 to a $5.6 million estate at Sugar Loaf Country Club beaming with elegance and sophistication.

Needless to say homes are selling! I had two closings during the month of January. Many agents had more. Buyers are looking for deals and they are buying. Although the true number of homes sold during January will not be available for several more days as many closings still need to be reported to the FMLS and County Tax Records, however, as I write this at 3:07PM, the FMLS is reporting 1,591 homes sold in the metro area in January. The prices of homes sold ranged from $6,000 for a bungalow Investment Special to $1.8 Million for a home in excellent condition with tons of amenities and swimming pool in Tuxedo Park.

Call me with your questions about the statistics in your city, county, neighborhood. I am always available to answer your many questions and concerns regarding the Atlanta metro real estate market in general or specifics regarding the relocation / buying / selling process.
I can be reached at 770-399-8108 or e-mail me at sara.hibbard@metrobrokers.com. I look forward to serving your real estate needs when the time is right for you.

No comments:

Post a Comment