Better late, than never

I know, I know, I usually provide this report about the third week of each month, but I was in OMAN, of all places, and not about to ruin my view with a laptop. 😉

Here is the market activity for the 25 submarkets covered in HNR for 1/1/19 – 2/28/19 vs. 1/1/18 – 2/28/18*:

• Sales volume: decreased 13% year-over-year, from 306 in 2018 to 266 in 2019
• Average sales price: increased 11%—from $797,135 to $886,103—however there were many outliers in the luxury market skewing ASP
• Median sales price: up 9%, from $545,000 to $591,000

For Cobb, DeKalb, Forsyth, Fulton and Gwinnett counties:

• Sales volume: increased an incredible 59% year-over-year, from 5,316 to 8,441
• Average sales price: decreased 6%, from $321,490 to $303,299
• Median sales price: up 6%, from $255,000 to $255,000

Curious how your neighborhood is performing? Download this issue.

If you’re thinking of selling and have questions, let’s talk! I would be happy to share my local market knowledge with you. If you’re curious what your home could be worth, get a free market report here.

Best,

Michelle

*The Hatch Neighborhood Report compares year-to-date sales data to the previous year to measure the health of the housing market of Buckhead, the Upper Westside, and the surrounding areas; and compares that sales activity to the metro area as a whole. Reporting sales activity for the year allows us to identify top-performing neighborhoods.