Fewer Homes Selling in Atlanta Area but Median Sales Price Up

Fewer homes sold in the Atlanta area in August when compared to a year earlier, and homes stayed on the market longer before selling. The median home price, however, was up over $15,000 when compared to August 2018. While the real estate market remains strong in the Atlanta area, real estate experts say that the market is shifting to favor buyers, with more sellers willing to drop prices or to offer other concessions to home buyers.

Planning to buy a new home or refinance an existing home mortgage loan in the Atlanta area or anywhere else in the state of Georgia? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.


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