Atlanta Housing Sales and Prices Down in January; Demand Remains Strong

Housing prices and sales in the metro Atlanta area dropped slightly in January when compared to the month before, despite increasing demand. On a year over year basis, however, prices were much higher than a year earlier. The January median home sales price rose to $375,000 in the area. Local real estate experts explain that there are fewer sales because there is not sufficient inventory on the market, not because of any decrease in demand.

Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052 to discuss our low home mortgage interest rates on home purchases and refinances.


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