Median Atlanta Home Price Up Over Last Year

The median sales price of homes in Atlanta reached $287,000 in August, an increase of nearly 15% when compared to last year, according to a recent report.  Real estate experts cite pent up demand from the Covid 19 pandemic; a declining unemployment rate in the state; record low home mortgage interest rates; and the lowest  inventory of available homes in the past three years as reasons for the median price increase.

Home mortgage interest rates are low, and it's a great time to buy a new home or refinance an existing home mortgage loan.  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.