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February: Metro Atlanta GA Has 2nd Largest Monthly Price Decline in USA

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The average sale price of existing single-family homes in metro Atlanta tumbled 13.6 percent in February from a year earlier.
According to data released Monday, metro Atlanta’s average price was $95,100, down from $110,100 in February 2010. That was the lowest average price among 17 metro areas in the National Association of Realtors’ monthly report. Atlanta’s February price decline was the second largest among the major metro areas the Realtors group surveys. 39% of all February sales were from distressed properties, which depresses all home prices. Great time to purchase a home in the Atlanta Area.
Give Earl a call @ 770-377-5793 or email: EARL@EARLPARK.NET                                   Info from the  AJC.

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