Atlanta REALTORS® Market Brief: January 2020 Edition

January Comments 

Demand: January residential sales were at 3,280, an increase of 7.8% from the previous year. 

Price: Average and median sales prices continue to gain traction and outpace 2019’s figures, with positive gains. The median sales price in January was $273,000, an increase of 7.1% from last January. The average sales price was $336,000, up 6.0% from the previous year. 

Supply: Atlanta area housing inventory totaled 11,483 units in January, a decrease of 10.9% from January 2019. New listings totaled 4,173, down 9.8% from January 2019 and up 48.4% from the previous month. The month’s supply over a 12-month period decreased to 2.3 months. 

A Word from 2020 Atlanta REALTORS® President Jennifer Pino: Jennifer Pino, President of Atlanta REALTORS® Association said, "National economists have projected sales should increase modestly over 2020, but Metro Atlanta experienced a great start to 2020 with January sales reflecting a strong 7.8% increase. With demand remaining high and inventory levels continuing at historic lows, the median price has increased again by 7%. Interest rates are expected to remain low throughout 2020, which will help keep the monthly mortgage at an affordable level." 

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Thinking About DIY Home Improvement? Read This First

Hello all and happy February, finally! Last month we posted a short article with 5 tips to keep in mind before beginning home DIY projects. Today we are lucky to have guest blogger, Paul Denkin of, share more in-depth knowledge about when you should DIY and when you should leave it to the professionals. Enjoy! 

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Happy New Year!! Hopefully you took some time to disconnect and enjoy time at home with your loved ones over the holidays. While doing so you may have noticed some things around the house that need attention. If you're planning on taking on a home project or two for the new year, check out these helpful tips before you get started!

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Atlanta REALTORS® Market Brief: September 2019

Demand: Sales are down 5.3% from last year. Although as with the last two months that reflected decreases at time of reporting, they are now both increases after factoring in the additional sales that trailed. We expect to see a similar leveling once all sales are factored in. Price: Median price continued to rise and is still up 7.3%, with average sales price up 6.2%. 

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Create a Spooky Yard for Halloween

Happy Monday!! Can you believe that Halloween is in just 2 weeks from Thursday?! Time is flying. Halloween is one of our favorite holidays- I mean we are the Coffins!! We put all of our yard and house decorations up last week and I just love coming home to a spooky looking porch and fun decorations all over the house!

Halloween can be one of the most child-like and fun holidays of the year. From the adorable and excited children in their costumes to costume parties for adults, Halloween is really a time to let out the kid in all of us and have a good time. Whether just entertaining the Trick-or-Treaters or having a party, creating a spooky looking yard and exterior for your home can really add to the atmosphere of the event. Here are a few great ideas to make your home and yard look “spooktacular”! 

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