Intown Atlanta 2017-2018 Market Snapshot: Single Family Homes $300,000-$600,000

The market for single family homes in Intown Atlanta is red hot!

The sale of single family homes continued at a near record pace in 2017. Buyer demand far outstripped the supply of single family homes priced from $300,000 to $600,000. With an average listing time of just 28 days for these properties, buyers had to move quickly – very quickly – when a new listing hit the market.

 

2017 MARKET STATS

1,083 Residences Sold: Down 2%

$436,500 Median Price: Up 3%

28 Days Time on Market: Down 12%

1.92 Months Inventory: Up 10%

2018 Outlook

The vibrant Intown lifestyle is drawing everyone from international professionals to empty-nesters and growing families. The Intown area offers so many choices from charming Victorians in Grant Park to craftsman-style homes in Old Fourth Ward. We believe that the Intown Atlanta real estate market will remain competitive for buyers and sellers over the next year and probably beyond.

If you will be buying or selling a property in 2018, please contact us to discuss your opportunities in today’s market.

 

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