Interested in Atlanta real estate statistics*? A better picture of the economy is if we look at historical data and develop a trend chart. The "Apples to apples" approach makes a lot of sense when trying to get a real grasp on what the economy is really doing. All too often the media sensationalizes one months sales by making unfair comparisons. That is not a smart thing to do especially if one month is November and the other month is July! All seasonal factors are pretty much thrown out the window in that type of unscientific approach,
I've created a simple 5 year average sales price chart for Atlanta home sales for November from November 2005 to November 2009. What I found is that we had a 23.12% drop in the average sales price for detached fee simple Atlanta homes from the peak in this chart of November 2007 at $262,811 to November 2009's average sales price of $187,941. - Atlanta real estate statistics
*These average prices are an average of our FMLS service area and not limited to just the city of Atlanta.
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