Atlanta’s housing market surges in April 

Atlanta’s spring selling season was in full bloom in April, as several indicators pointed to a thriving housing market. 

Sales volume rose on a month-over-month and annual basis, while the median sales price ticked higher, and new and active listings increased as well, according to the latest Georgia MLS 12-county Housing Market Snapshot.   

On a unit basis, home sales rose 5.5% month over month and 1.9% year over year to 5,159, while on a volume basis, sales rose 6.7% to $2.59 billion, compared to $2.43 billion a month before. Year over year, sales were up 9.5% from $2.37 billion.  

The median sales price rose 0.7% month over month from $402,000 to $405,000. It was up 3.8% from the year-ago level of $390,000.  

New listings jumped 11% month over month and 35.3% year over year to 9,002. Active listings, meanwhile, were up 7.8% on a monthly basis and 46% on a yearly one, at 13,675.                 

Georgia MLS’ 12-county report includes Cherokee, Clayton, Cobb, Dekalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties. 

The post Atlanta’s housing market surges in April  appeared first on Atlanta Agent Magazine.

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