{"id":399,"date":"2016-12-20T10:19:53","date_gmt":"2016-12-20T15:19:53","guid":{"rendered":"https:\/\/atlantapros.com\/blog\/?p=399"},"modified":"2016-12-20T10:20:49","modified_gmt":"2016-12-20T15:20:49","slug":"atlanta-realtors-market-brief","status":"publish","type":"post","link":"https:\/\/atlantapros.com\/blog\/atlanta-realtors-market-brief\/","title":{"rendered":"Atlanta Realtors Market Brief"},"content":{"rendered":"
\"Atlanta<\/a>

Atlanta Realtors Association Market Brief<\/p><\/div>\n

Atlanta Housing Market – November 2016<\/h1>\n

<\/p>\n

Demand<\/h2>\n

November residential sales were at 3,984, an increase of 20.1% from the previous year.<\/p>\n

Price<\/h2>\n

Average and median sales prices continue to gain traction and outpace 2015\u2019s figures, with positive gains. The median sales price in November was $235,000, an increase of 6.8% from last November. The average sales price was $295,000, up 5.4% from the previous year.<\/p>\n

Supply<\/h2>\n

Atlanta area housing inventory totaled 15,655 units in November, an increase of 2.9% from November 2015. New listings totaled 3,665, up 5.5% from November 2015 and down 20.3% from the previous month. The month\u2019s supply over a 12-month period decreased to 3.3 months.<\/p>\n

2016 Atlanta REALTORS\u00ae President Lane McCormack<\/h2>\n

\u201cDespite the continued low inventory, total home sales in metro Atlanta exceeded expectations with an increase of more than 20% over 2015. This increase was partially due to buyers\u2019 concerns over the potential rise in interest rates in the upcoming months and uncertainty over the Presidential election. We continue to see a seller\u2019s market in most locations with inventory still hovering at just over 3 month\u2019s supply.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Atlanta Housing Market – November 2016 Demand November residential sales were at 3,984, an increase of 20.1% from the previous year. Price Average and median sales prices continue to gain traction and outpace 2015\u2019s figures, with positive gains. The median sales price in November was $235,000, an increase of 6.8% from last November. The average sales price was $295,000, up 5.4% from the previous year. Supply Atlanta area housing inventory totaled 15,655 units in November, an increase of 2.9% from […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\nAtlanta Realtors Market Brief - Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atlantapros.com\/blog\/atlanta-realtors-market-brief\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlanta Realtors Market Brief - Real Estate Blog\" \/>\n<meta property=\"og:description\" content=\"Atlanta Housing Market – November 2016 Demand November residential sales were at 3,984, an increase of 20.1% from the previous year. Price Average and median sales prices continue to gain traction and outpace 2015\u2019s figures, with positive gains. The median sales price in November was $235,000, an increase of 6.8% from last November. The average sales price was $295,000, up 5.4% from the previous year. 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