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Atlanta REALTORS® Market Brief: April

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The Atlanta REALTORS® (ARA) Market Brief for April 2019 shows residential sales down 2.9% from April of last year. Prices, both average and median, continue to rise. The median sales price in April was $282,000, an increase of 3.7% from last April. The average sales price was $350,000, up 5.7% from the previous year.

Total sales units came in at 13,856 which is an increase of 12.8% from last April. New units make up 5,478 of this count which is an increase of 0.4% from last month. The supply for the month increased to 2.9 months inventory.

Atlanta REALTORS® president DeAnn Golden summarizes the month: “Atlanta housing inventory ticked up in April, with the local market having 12% more listings for buyers than this time last year. The healthy economy is creating considerable demand for purchasing a home, and this increase in inventory in the early part of the buying season is a good sign for the months ahead.”

Read full report HERE!

 

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About The Author
Melissa Wakamo

When Melissa Wakamo began her real estate career in 2004, her goal was to focus on her immediate area and get to know her neighbors. "I've had a lot of fun over the years helping my neighbors sell their homes and helping newcomers become a part of our community." Melissa quickly became one of metro Atlanta’s top producing agents and consistently performed in the top 1% of all Atlanta agents. By 2009, Melissa’s real estate team, Red Robin Realtors, had grown to include several agents and support staff, providing exceptional service to buyers and sellers in Atlanta’s intown neighborhoods. In her role as Managing Broker, Melissa provides agent training, marketing and strategic oversight for Keller Knapp Realty and leads the Red Robin Realtors team of agents. "If you're thinking of buying or selling a home, or are considering a career as a real estate agent, let's talk soon!"

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