New Atlanta Real Estate Market Stats |May 2015

ABR 2015

The ABR Market Brief is published monthly  and is compiled using data from First Multiple Listing Service (FMLS).

MAY 2015

Supply: Atlanta area housing inventory totaled 15,446 units in May, an increase of 1.3% from May 2014.  New listings totaled 5,405, up 1.1% from May 2014 and down 0.3% from the previous month.  The supply for sales over a 12 month period was steady at 3.9 %.

Demand:  May residential sales were at 4,584, a decrease of 3.3% from the previous year.

Price: The median sales price in May was $240,000, an increase of 7.6% from last May.

A Word from ABR President Ennis Antoine: “Inventory levels have seen a slight rise in May, suggesting that people are finding replacement housing easier and listing their existing homes.  Buyers are better informed about pricing and when the right property comes along, they are jumping on it.  Now is a great time for Atlanta REALTORS and I expect that sales will continue to rise during the summer, partly due to rising consumer confidence, overall housing affordability and job gains.”

posted: Jun 25, 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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