The September 2013 issue of The Beacham Insider breaks down the 12-month streak of double digit percentage gains in the average home sales price in Atlanta. The average sales price of homes priced less than $1 million is up 29%, while the average price of homes priced more than $1 million is only up 7%. The difference in the two has to do with inventory; for the sub-$1 million market, inventory is down 12% from last year and at an all-time low while the inventory of homes priced more than $1 million is up 6%. This issue also examines why the fall is a great time to list your home, and how historic jumbo loan rates are helping to boost the high-end real estate market.
