Atlanta Area Home Prices Down Slightly in August

Prospective home buyers in greater Atlanta received a rare bit of encouraging news in August as the median home sales price in the area dropped below $400,000.  In June of this year, the median home sales price was over $411,000.  Many buyers hoping to purchase homes in Atlanta and around the state of Georgia have been discouraged by increasing home prices; higher home mortgage interest rates; and a low inventory of available homes on the market.

Peachtree Mortgage Services provides mortgage loan products throughout the Atlanta area and the entire state of Georgia.  Contact us at or 770.481.0052 to discuss your home purchase or refinance loan.

* Specific loan program availability and requirements may vary. Please get in touch with the mortgage advisor for more information.