Sustained Year-Over-Year Sales Growth!

Atlanta continues to experience steady growth in home prices and home sales.  Although the fall season brings with it the expected decrease in new listings and new sales as compared to last month, year-over-year we continue to see the market growing and improving. With low inventory and increased demand, sellers are poised to move their homes quickly.

If you or someone you know has been thinking about selling your home, right now is a great time to jump in, while there is less competition and high buyer demand.

We’re happy to do a complimentary evaluation of your home — let us know how we can help!

MarketBrief_Sept2For more information from the Atlanta Board of REALTORS, the September Market Brief is available here  …Keep Reading


ABR Market Brief: September 2015

The ABR Market Brief is designed to offer an overview of the Atlanta residential market by providing a synopsis of sales, home prices and foreclosures. Covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding and Rockdale.

A Word from ABR President Ennis Antoine: “Low housing inventory continues to directly impact home prices in Atlanta as we move into the Fall season. As expected, we are experiencing slight decreases in sales prices month over month but continue to show an increase year over year. This is something we typically see as a result of seasonality forces on the market and a reflection of moderate, but steady price growth.”

Supply: Atlanta area housing inventory totaled 16,511 units in September, an increase of .2% from September 2014. New listings totaled 4,528, up 2.1% from September 2014 and down 5.3% from the previous month. The supply for sales over a 12 month period declined slightly, at 3.9.

Demand: September residential sales were at 4,262, an increase of 12.3% from the previous year.

Price: Average and median sales prices continue to gain traction and outpace 2014’s figures, with positive gains. The median sales price in September was $219,000, an increase of 3.8% from last September. The average sales price was $279,000, up 5.7% from the previous year.

The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month’s report, please contact the Board at 404.250.0051.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

Monday, October 19, 2015

About the Atlanta Board of REALTORS®

The Atlanta Board of REALTORS® (ABR) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With nearly 5,000 members, Atlanta is the largest board in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ABR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About First Multiple Listing Service

First Multiple Listing Service, Inc. (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded by a handful of real estate brokers in Atlanta in 1957. Today, membership is growing quickly and is spreading in every direction throughout Georgia. Currently, FMLS has over 1,900 offices and serves more than 30,000 real estate agents. The FMLS listing database contains more than 36,000 active listings located all over Georgia.


posted: Oct 23, 2015 | No Responses

Posted by:  Melissa Wakamo

When Melissa Wakamo began her real estate career in 2004, her goal was to focus on her immediate area and get to know her neighbors. "I've had a lot of fun over the years helping my neighbors sell their homes and helping newcomers become a part of our community."

Melissa quickly became one of metro Atlanta's top producing agents and consistently performed in the top 1% of all Atlanta agents. By 2009, Melissa's real estate team had grown to include several agents and support staff, dedicated to providing exceptional service to buyers and sellers in Atlanta's intown neighborhoods.

In 2010, Melissa transitioned Red Robin REALTORS® into an independently owned boutique brokerage. Even in the tough real estate market during that time, Red Robin REALTORS® continued to outperform other small brokerages and was able to help buyers and sellers adapt to the rapid changes in the market.

In 2017, Melissa had the opportunity to merge the Red Robin REALTORS team with another like-minded boutique brokerage, Keller Knapp Realty. The two community-focused organizations bring together more than 100 agents, including 3 of the top 10 agents in metro Atlanta. With offices in Oakhurst, Ormewood Park and Midtown, Keller Knapp Realty and Red Robin REALTORS team are the top boutique real estate firm in Atlanta.

In her role as Managing Broker, Melissa provides agent training, marketing and strategic oversight for the Brokerage, ensuring that the brokerage maintains its focus and commitment to the intown market.

Melissa's active participation in various neighborhood organizations and charitable efforts, as well as her passion for antiques, cooking, and gardening, keep her busy and in touch with the community.

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