Atlanta Market Brief – February 2016

Atlanta Market Brief – February 2016

The ABR Market Brief is published monthly at www.abr.org/marketbrief and is compiled using data from First Multiple Listing Service (FMLS).

marketbrieffeb2016rrr

Demand: February residential sales were at 3,246, an increase of 6.1% from the previous year.

Price:  Average and median sales prices continue to gain traction and outpace 2015’s figures, with positive gains. The median sales price in February was $216,000, an increase of 4.4% from last February. The average sales price was $273,000, up 4.6% from the previous year.

Supply: Atlanta area housing inventory totaled 13,046 units in February, a decrease of 4.2% from February 2015. New listings totaled 4,196, up 5.6% from February 2015 and up 2.3% from the previous month. The supply for sales over a 12 month period declined to 3.0 months.

A Word from 2016 ABR President Lane McCormack: “The February report proves that the housing market is in great shape for 2016. The steady increase in prices is anticipated with the tight inventory supply in Atlanta. We are expecting this upward trend to continue, both in price and sales as we progress through spring.”

Recent homes listed for sale in Atlanta, GA

Contact Red Robin REALTORS® today to buy, sell or invest in an Atlanta home! Call 404-254-5206 or Email for more information.

  1. 0 beds, 0 bath
    Year built: 0
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  2. 3 beds, 2 baths
    Home size: 1,700 sq ft
    Year built: 1930
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  3. 4 beds, 3 baths
    Home size: 2,461 sq ft
    Year built: 1995
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  4. 3 beds, 3 baths
    Home size: 2,324 sq ft
    Year built: 1963
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  5. 2 beds, 2 baths
    Home size: 1,588 sq ft
    Year built: 1940
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  6. 2 beds, 3 baths
    Home size: 1,369 sq ft
    Year built: 2009
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  7. 2 beds, 1 bath
    Home size: 935 sq ft
    Year built: 1924
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  8. 4 beds, 3 baths
    Home size: 2,504 sq ft
    Year built: 2000
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  9. 1 bed, 1 bath
    Home size: 888 sq ft
    Year built: 2004
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  10. 1 bed, 1 bath
    Home size: 867 sq ft
    Year built: 2008
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See all FMLS Property Listings.
(all data current as of 6/22/2017)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 FMLS.
Data last updated: 6/22/17 12:30 PM PDT.

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posted: Mar 18, 2016 | 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.

Today, Melissa provides strategic oversight for Red Robin REALTORS®- ensuring that the brokerage maintains its focus and commitment to the intown market. Melissa also provides an exceptional training opportunity for agents. Under a philosophy that exceptional agents produce exceptional results, Melissa shares her marketing and business expertise with agents through the Red Robin Academy.

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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