Atlanta Real Estate Market - Home Sales Prices August Trends
I
created a 5 year comparison chart of FMLS data to compare the average
home sales sold price of Atlanta GA
homes in the month of August to
see what is occurring. I created this average sales price
chart from the most recent sales data released today by our primary Atlanta
MLS service FMLS. As
you can see clearly in this chart - August 2007 was a peak in prices
for August for Atlanta homes
sale prices in the last 5 years. Since
the peak Atlanta has declined an average of 27% on the price of an
average Atlanta homes sale
for single family detached homes.
We have dropped from a high
average sales price of $278,871
in 2007
to the current average sales price of $203,041
in August of 2009
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