Atlanta Home Inventory Down, Median Sales Prices Up

The inventory of homes available for sale in metro Atlanta fell over 7% in February when compared to a month earlier and over 53% when compared to a year earlier. Median home prices continue to soar across Georgia and the Atlanta region as inventory shortages have led to bidding wars over available properties. Low home mortgage interest rates and optimism surrounding Covid 19 vaccinations have increased demand for homes throughout the country.

Peachtree Mortgage Services, Inc. offers low home mortgage interest rates on new home purchases and existing home loan refinances. Contact us at peachmtg@bellsouth.net or 770.481.0052.