3rd Quarter Metro Atlanta Statistics - The Overview of the Real Estate Market
Posted by Ryan Ward on Sunday, November 8th, 2009 at 9:28am.This information is compiled by Chartmasters for Keller Williams Realty Consultants. It is far more comprehensive and accurate than what you may find in the AJC or anywhere else. I am fortunate to work with an organization who can provide its agents critical information that we can use to help clients in a market that requires this information more than ever. It's also right up my alley as I enjoy understanding the market. This is a graphics heavy post of charts so if you have any questions, please reply in the comments below and I will answer or clarify anything you may see. As soon as I can find a link, I will post the credit to Chartmasters, I just can't seem to find it online right now. Nevertheless, the charts below will shed some light on what is really happening in this market. Information like this can empower you to make a decision about real estate more than anything else...
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Ryan Ward, Principal
Premier Atlanta Real Estate
Phone: 404.630.3187
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Share11 Responses to "3rd Quarter Metro Atlanta Statistics - The Overview of the Real Estate Market"
Hi Ryan, Very cool stuff! I just started publishing market analytics on my site for the Madison WI real estate market but for me this data really raises the bar. I'm not sure I can access all the equivalent data for my market but it is certainly food in terms of expanding the data points I'm reporting on. Also, the graphics for your market are very dramatic compared to some of the data I've charted for Madison WI where we have seen a marked slowdown in sales etc but no where near anything as dramatic as your charts seem to indicate. Keep up the great work on your site. -Jolenta
Posted on Monday, November 16th, 2009 at 9:17 AM.
Great work on the data compilation! You have a really great blog.
Posted on Tuesday, November 17th, 2009 at 1:22 PM.
Base on the data that you have in here showing that the number of home sold is continue to drop compare to the 3rd quarter of the last year, maybe that drop in sales is still due to the increasing numbers of foreclosures homes in the market.
Posted on Tuesday, November 24th, 2009 at 12:09 PM.
Ryan- I was in Sarasota Fl for thanksgiving and read that the condo sales market in Sarasota was up over 100% for the month of October as compared to the previous year. I believe they get many more domestic and foreign investors as buyers than we do but what is your take on our market for October?
Posted on Monday, November 30th, 2009 at 12:31 PM.
Wow ! talk about bad news. . You really need to be an optimist to read anything positive from that impressive list of stats. Here's hoping for a better 4th quarter!
Posted on Wednesday, December 9th, 2009 at 7:09 PM.
Great use of graphs. I do think that at some point we are bound to pull back with the # number of REOs. The good news is that based on your data we are dropping back in % of total sales for foreclosures. Thanks for posting and I like your blog.
Posted on Saturday, December 19th, 2009 at 1:01 AM.
Very good information... Our real estate market here in Mississippi has been pretty steady. We have experienced a minimal amount of foreclosures this year. I'm expecting 2010 to be a great year.
Posted on Monday, December 21st, 2009 at 10:43 PM.
[...]price for Atlanta real estate is $167,000, down from 2008’s year-to-date figure of $200,000. Sales volume has been up, at 9,132 in the third quarter, up from just 9,000 in the second quarter and less than 6,500 in the[...]
Posted on Sunday, January 10th, 2010 at 2:02 PM.
The Moraira area has stood up against the property downturn better than some parts of Spain but it has been affected. Prices have fallen. In some cases the falls have been significant. However we are beginning to see some buyers returning to the market, tempted by the lower prices
Posted on Monday, January 18th, 2010 at 2:23 PM.
Your graph showing days on the market by price segment tells the true story. The up to 200k market is the only market that is not stuck in reverse. Unfortunately for us (Atlanta moving company) we cater mostly to that 300k-1,000,000 market which is stuck in the muck.
Posted on Thursday, January 21st, 2010 at 9:27 AM.
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I think I will try to keep myself in homes under the 200k mark. I am from Idaho and just built a house in a neighborhood that hovers around that mark. Houses over sit for so long like pointed out on your graph. Good data.
Posted on Tuesday, November 10th, 2009 at 11:55 AM.