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Metro Atlanta Home Sales Down in February

While sales prices went up in the Atlanta metro market, actual sales were down in February 2014, according to the Atlanta Board of Realtors. A report in the Atlanta Business Chronicle says single-family residential sales in metro Atlanta totaled 2,344 in February – which is down 4.6 from February 2013 and down 8.5 percent from January 2014. Sales prices averaged $187,000 – up 16.9 percent from February 2013 and up 3.9 percent from January 2014. The Atlanta movers have found that a large contributing factor to the drop in sales was the bad weather that the area experienced last month.

There’s also a new residential development under way in Decatur, as the Decatur Metro reports that Thrive Homes will begin the complex Seven Twelve Oakview, which will consist of three & four-bedroom townhomes. They will likely be finished this summer.

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