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The summer sales cycle has come to an end. The Atlanta REALTORS® Market Brief shows a slowdown in sales for September. 



Residential sales of single family properties in metro-Atlanta show a 10.3% decrease from this time last year for a total of 4,346.  Sales prices, however, continue to increase in both median and average price compared to last September. Median sales price was $264,000 which is a 9.5% increase while average sales price was $322,000, a 7.7% increase.

The number of homes available totaled 14,933 units which is just a .1% rise from last year. New listings accounted for 4,830 units which is a 7.3% decrease from last month but a 8.5% increase from last September.

Because of the limited amount of inventory available, prices remain high though trends show this will level out over the slower 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 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 continues to provide exceptional real estate services to Atlanta buyers and sellers. "If you're thinking of buying or selling a home, or are considering a career as a real estate agent, let's talk soon!"