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!