Atlanta’s housing inventory totaled 8,822 units in October, a year-over-year decrease of 28.3%, while new listings slid 2.2% from September and 9% from October 2020 to 7,851, Atlanta REALTORS Association reported.
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Year over year, sales were down 10.1%, while the median sales price was up 15.8%, Atlanta REALTORS Association reported.
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In lieu of returning to the comfort zone of doing things the way we’ve always done them, I challenge all real estate associations, brokerage offices and leaders to take a close look at how new agents are engaged, leaders are selected, directors and committee chairs are appointed and possibly how unconscious bias is perpetuated, as the old guard chooses the new guard.
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Housing inventory in the Atlanta area, meanwhile, remained significantly below year-ago levels in April.
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Atlanta’s supply of homes for sale in March was 7,426 units, representing a 55.8% drop from a year earlier.
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In this month’s Association News feature, Avery McMahon, Atlanta Realtors Association 2021 YPN chair, discusses marketing yourself to showcase the value of a well-trained Realtor.
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Atlanta’s housing inventory fell to 7,571 homes for sale from 14,962 a year ago, according to the Atlanta Realtors Association.
The post Atlanta Housing Scorecard: Inventory half of what it was a year ago appeared first on Atlanta Agent Magazine.
The association honored member teams and individuals by the value of properties sold and the number of units sold during the year.
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“As stewards of the home ownership dream, we need to advocate for more seats at the home ownership table, and we’ll do that through creative solutions that enhance education and bolster funding.” — Cynthia Lippert, President, Atlanta Realtors Association
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Atlanta Realtors recommends securing financing in advance of the home search process “as many properties are receiving multiple offers and do not remain on the market for very long.”
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