July Home Prices Continue to Increase Across Metro Atlanta

Housing prices across metro Atlanta continued to rise last month when compared to a year earlier. The median sales price --which is the price at which half the properties in a given area sell for a higher price and half sell for a lower price -- rose over 7% to $295,000 in metro Atlanta. The average sales price---which is determined by adding all the sales prices in a specific area together and dividing them by the number of sales-- rose over 6 percent to $358,000 in the Atlanta area.

Buying or refinancing a home in metro Atlanta or anywhere else in the state of Georgia? Contact Peachtree Mortgage Services, Inc. at 770.481.0053 or peachmtg@bellsouth.net to discuss our low home mortgage loan interest rates and easy home mortgage loan application process.


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