April Market Update: Atlanta
As summer approaches, let’s not forget to pay attention to the changing Atlanta market! Mark Spain Real Estate has summarized the key real estate trends of the Atlanta April market so you can stay well-informed! Mark Spain Real Estate strives to deliver an unparalleled client experience, we want to keep our clients up to date on all things real estate for the Atlanta market in April!
One of our core values at Mark Spain Real Estate is to continuously grow and improve, and by strengthening our knowledge of the real estate industry we are able to maximize the experience we give to our clients. We strive to be the most knowledgable in the industry so we can reach our clients real estate goals! We have analyzed the Atlanta market to better serve this area this month!
The Hard Facts- Atlanta Market Update
- The number of active listings increased 2% from the previous month
- The average number of days units spent on the market before being sold was down 9%
- The median sale price for a home in Atlanta April market was at $298K
- The number of homes sold decreased 24% month over month
What Does This Mean for You?
Buyers, the increase in active inventory listings in the Atlanta market means you have a larger selection to choose from when finding the perfect home. The median sale price of a home increased from $289K in March to $298K in April, which means buyers may need to negotiate more deals to receive a better price. Act fast to find your dream home!
Sellers, the number of days home spent on the market decreased from 44 to 40 days this April. Less days mean a positive trend in the local inventory turnover rate, as sellers are able to sell their home faster than before. The number of homes sold decreasing month over month is simply indicative of the unprecedented time we are going through. It is truly a sellers market, so take advantage of these special times and sell your home and quickly move to a more desire location! You can now find or build a home that maximizes your families needs without having to wait months with your home on the market.
Accelerate the sell of your home with our Guaranteed Offer Program! You can bypass the showings and open houses by receiving a competitive cash offer on your home. This program allows you to close in as little as 21 days and be alleviated of the stresses that tag along with selling your home! To find out if you qualify for this program, visit our site!
Mark Spain Real Estate is here to help you make smart and informed real estate decisions. Navigating the real estate market can be difficult, and you don’t want to do it alone. Mark Spain Real Estate gets you maximum exposure to metro Atlanta coupled with an unparalleled level of customer experience. Our team knows the Atlanta market well, and your experience is our top priority. Contact us today to get a head start.