Mon Jun 05 2023
This week the median list price for Atlanta, GA 30319 is $1,385,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 65.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,385,000|
|Median Price of New Listings||$762,450|
|Per Square Foot||$362|
|Average Days on Market||81|
|Median Days on Market||35|
|Slight Seller's Advantage|
While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,400,000||5,599||0.5 - 1 acre||5||5.5||10||0||1||38|
|$1,624,000||4,551||0.25 - 0.5 acre||5||5.5||10||3||2||80|
|$962,500||3,338||0.25 - 0.5 acre||4||3.8||35||3||6||35|
|$524,999||1,590||0.25 - 0.5 acre||3||2.5||67||6||3||28|