The Atlanta properties Metro market is still a buyer’s market, but this will not last forever. While the Atlanta property market is still not up to pre-recession levels, it is definitely making a comeback. The number of properties for sale is down and interest rates are at historic lows - around 5% for fixed-rate 30 year mortgages. Read below to see a comparison of Q1 2010 to Q1 2009 Atlanta property sales by price range:
Atlanta Properties Statistics – Single Family – Q1 2010 compared to Q1 2009
• Atlanta Properties - less than $200k – Sales down 8% • Atlanta Properties - $200k - $299k – Sales up 14% • Atlanta Properties - $300k - $499k – Sales up 28% • Atlanta Properties - $500k - $749k – Sales up 28% • Atlanta Properties - $750 - $999 – Sales up 16% • Atlanta Properties - $1m plus – Sales up 118%