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Is Metro Atlanta Seeing a Median Homes Sales Price Increase?

February 27th, 2012 6:51 AM by Kathy Delbridge

Is Metro Atlanta Seeing a Median Homes Sales Price Increase?

I received what I felt was an excellent way to start my week and what several people would consider excellent news for the housing market - at least for now.

I  came into the office this morning and found in my inbox that 2 appraisals were delivered over the weekend for 2 of my buyers.

One purchase is in the $130K range in Henry County, while the other is in the  $350K range in Fulton County - Buckhead area.

What was discovered during the appraisal review is that the Median Home Sales Price has increased in both of these areas by 8.6% during the past 12 months.

Could this be an anamoly or is it the start of a trend?

At this point, I am going to absorb and accept it has very good news and look forward to much more good news coming this week!

Have a great week everyone!

Kathy Delbridge

Posted in:General
Posted by Kathy Delbridge on February 27th, 2012 6:51 AM

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