August 15, 2018

Muffley & Associates’ review of national and Atlanta real estate for June 2018 is out! Highlights of this month’s report include the following:

  • Both national and local inventory continued to rise this month and sales prices are also still increasing.
  • According to the Atlanta Realtors Association, June’s median existing-home price is up 5.2% from June 2017 with an average price of $276,900.
  • More than half of the homes on the market this month were only available for less than 30 days.
  • Homes in Historic Brookhaven are getting the highest price per square foot of the Intown neighborhoods, while square footage is most affordable in Duluth.
  • Sellers yielded the best results in Area 24 (Little Five, Edgewood, Kirkwood, East Lake) where homes sold fastest, spending an average of just 24 days on the market.
  • Area 24 (Little Five, Edgewood, Kirkwood, East Lake) also saw the greatest sales price / opening price ratio at 99.2%.

How did YOUR neighborhood perform? Click the image below to download and read the most recent issue of the Muffley Report.