Over the past 5-6 years, we have experienced a continuous decline in market values across the southern crescent of Metro Atlanta (Henry County, Fayette County, Coweta County, Clayton County, Butts County, Rockdale County). Sadly, each year the numbers dipped lower and lower. 2013 has been a wonderful year of change and while it can prove to be a difficult market for buyers, it is wonderful news for those interested in selling and for the local economy as a whole!
As we often do, we sat down to study the local market trends and see exactly what the numbers look like. We compiled the chart below to compare the average sales prices in six counties across the South Metro Atlanta area for each complete quarter thus far. There are two things to take away from this chart:
1) Sellers, NOW is the time to sell! Low inventory and RISING prices! Take advantage of it while the market is HOT!
2) Buyers, NOW is the time to buy! The average sales price is climbing every month and interest rates won't be this low forever. Don't be discouraged by the increasing prices, get off the fence and jump into the market NOW! You may be kicking yourself later if you decide to wait!