Atlanta Condos have increased slightly in price in the Atlanta metro area for the last 7 months, and that is a good thing, however, sales have not. There were only 382 closings in January 2010 for single family attached Atlanta homes. (Condos, lofts, townhomes etc.) This was an increase in the average sales price of 9.8% over January 2009. However, you would have to go back to January 2003 for find a lower monthly total for units sold. The Atlanta area has been hard hit with commercial overbuilding of condos and townhomes in the last few years, and we will pay the price for a saturated market for many more years to come. Expect more Atlanta Condos and townhomes foreclosures to come on the market in 2010.
* These numbers are reflective of real estate statistics in the entire FMLS coverage area for Metro Atlanta, and not limited to the city of Atlanta.
RE/MAX Paramount Properties 678-595-5283 Direct
Or 888-940-0074 Toll Free Office
Atlanta Real Estate Agents, Alpharetta GA Homes for Sale, Dunwoody GA Homes for Sale, Atlanta Real Estate & Atlanta Homes for Sale 
Gwinnett Homes for Sale
Atlanta Real Estate Blog, Cumming GA Homes 
