Atlanta Home Prices Down in November
Briefly

Atlanta Home Prices Down in November
"In November, home prices fell moderately from the month before, with a median listing price of $369,000. The number of listings on the market shrank 4.1% from last month, which is a bigger decrease than normal for this time of the year in Atlanta, and homes are also selling slower than at the same time last year. Home prices in Atlanta Typically, home price per square foot in Atlanta tend to fall in November."
"And the most recent data shows that the price per square foot decreased by 1.1% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in The ATL are keeping pace with the national market. Atlanta inventory In November, there were 5,070 homes for sale in Atlanta, which was 4.1% less than the month before and 7.6% more than the same time last year."
In November the median listing price in Atlanta was $369,000 as home prices fell moderately month‑over‑month. Listings on the market declined 4.1% from the prior month, a larger than normal seasonal drop, while active inventory rose 7.6% year‑over‑year to 5,070 homes for sale. Price per square foot in Atlanta decreased 1.1% month‑over‑month, closely matching the national decrease of 1.2%. Homes in Atlanta averaged 66 days on market, two days longer than the previous month and six days longer than the same month last year. National active inventory fell 2.5% to 1,072,266.
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