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Atlanta REALTORS® Market Brief Report: January 2019

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Sales down but prices and inventory remain high for January!

Average and sales price continue to stay on the rise with increases of 7.1% and 4.9% respectively. The median sales price was $256,000 and average sales price was $318,000.

January 2019 sales were down 10.1% from January of the previous year bring the total residential sales to 2,866.

A total of 12,894 Atlanta housing units were counted in January which is a 20.1% increase from the previous January. 4,624 of those units were new listings which is up 53.4% from the previous month.

Even with the rise in price, this increase of new and active listings will be good news for Atlanta residential home buyers by bringing more buying options to the market.

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!"