ARA in the Press

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Tripp Cook, Communications & PR Director
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Atlanta housing: Where are the listings? Market unbalanced, prices rising
AJC quotes ARA Market Brief | June 19, 2017

Metro Atlanta housing got a healthy dose of same-old, same-old last month, according to two reports.

Same: Rising prices. Same: Fewer homes for sale.

Old: Not the lists of homes for sale – they get snapped up awfully fast, according to a report released by Re/Max Georgia. The average listing in May was on the market 43 days, down from 48 days in the same month a year earlier. A separate report, released at the end of last week by the Atlanta Realtors Association, showed the median price of a metro Atlanta home up slightly less, but with a higher closing price. Prices rose 4.9 percent in May from the same month a year ago, said the Realtors.

Atlanta saw a rise in home prices, competition in May, study says
Atlanta Agent Magazine quotes ARA Market Brief | June 16, 2017

Atlanta’s housing market followed the nationwide trend of higher prices and increased competition last month, according to the Atlanta REALTORS May 2017 Market Brief. 

Home prices continue to rise while inventory remains steady
Curbed Atlanta quotes ARA Market Brief | June 16, 2017

Sellers in Atlanta’s residential real estate market continue to do well thanks to higher sales prices and unwavering housing demand in the metro area.  According to the May 2017 Atlanta REALTORS® Market Brief compiled by First Multiple Listing Service, the median sales price for May was $258,000, an increase of 4.9 percent over last May. The average sales price was $323,000, up 6.3 percent from last year.

Metro Atlanta home sales: prices up, but trouble for first-time buyers
AJC quotes ARA Market Brief | June 15, 2017

It’s becoming a familiar story: Atlanta home prices are up, but the number of homes for sale is down.  The median price of a Metro Atlanta home was up 4.9 percent in May from the same month a year ago, according to a report issued Thursday afternoon by the Atlanta Realtors Association.

Total homes sales fell in April but home prices are up
Atlanta Agent Magazine quotes ARA Market Brief | May 16, 2017

April home sales fell slightly in Atlanta, according to the Atlanta Realtors Association. Home sales dropped 7.4 percent on a year-over-year basis from 4,978 in April 2016 to 4,610 in April 2017.

Home buying? Here's why you'll pay more in metro Atlanta
AJC quotes ARA Market Brief | May 15, 2017

In some areas, prospective buyers in some areas bidding against and push prices higher. In less desirable neighborhoods, there are fewer buyers and sales. The imbalance threatens to limit the buying power -- especially for price-sensitive buyers. The trouble is worse when home prices far outpace income.

Atlanta REALTORS® Celebrates 2016 Top Producers
Forsyth Herald | May 3, 2017

The Atlanta REALTORS® recently held their annual Top Producers Gala at the Atlanta Marriott Marquis to honor their 2016 Top Producers. The sold-out event brought together nearly 1,100 of the finest in the Atlanta real estate industry.

Atlanta Home Sales Roar in March, Prices Up 8.7 Percent in Past Year
AJC quotes ARA Market Brief | April 13, 2017

Home sales soared and prices jumped last month in metro Atlanta with the market kicking into a higher gear in the run-up to the spring selling season. The number of sales was up 41 percent in March from the month before, with the median price of a home sold hitting $250,000, according to the monthly report from the Atlanta Realtors Association, released Thursday.

Atlanta Homes Sales and Prices Increase, Indicating Strong Spring
Atlanta Agent Magazine quotes ARA Market Brief | April 13, 2017

Home sales and prices continued to grow in Atlanta, according to Atlanta REALTORS®' March 2017 market brief.

ARA: Monthly market brief shows improvements in inventory
Atlanta Agent Magazine quotes ARA Market Brief | March 23, 2017

Atlanta REALTORS® released its February 2017 Market Brief last week, looking directly at stats for single-family homes in 11 Metro Atlanta counties. Despite a decline in home sales since February 2016, median and average sales prices have risen along with supply. Cobb, Dekalb, Fulton and Gwinnett Counties all saw an increase in sales.

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