The Collective Home Report – October 2018

December 3, 2018

Weichert, Realtors® | The Collective’s monthly review of national and Atlanta real estate for October 2018 is here! Highlights of this report include the following:

  • According to the National Association of Realtors (NAR), there was an increase of national inventory following six straight months of decreases, though a total of 4.62 million homes were still sold across the U.S. in October.
  • The Atlanta Realtors Association (ARA) reported metro Atlanta Realtors sold a total of 4,448 homes in October from a total of 14,947 active listings. A total of 4,962 of those were new listings.
  • Homes in Collier Hills are getting the highest price per square foot of the Intown neighborhoods ($349.84 per sq. ft.), while square footage is most affordable in Norcross ($115.66 per sq. ft.).
  • Sellers in Area 51 (Brookhaven, Ashford Park, Dunwoody Forest, Chamblee) saw the quickest results. Homes in this area spent an average of just 28 days on the market.

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