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.