While some parts of Atlanta are quickly regaining strength in price, some areas still have real estate bargains available for the deal-hungry buyer. Don’t believe it? Real estate data firm RealtyTrac data on year-over-year home sales activity paints a picture that indicates that metro Atlanta is still a soft market with lots of price discounting going on. In fact, many of the small suburban cities that comprise the Atlanta metro area have seen double-digit sale declines. As a breakdown:
Decatur: 38.3% decline
Riverdale: 50% decline
Thinking of moving to Atlanta? Picking one of these areas might make your dollar go further when it comes to buying a home of your own. Sales activity has grown in some areas, such as Norcross, Jonesboro, and Fairburn. Even though Fairburn can boast a 24.6% increase in sales activity, home prices are still down almost 1% since 2013, so demand is not exactly equating to higher prices.
Depending on your specific needs, and what type of lifestyle you and your family lead, you’ll want to do a little research into the vast Atlanta metro and see what areas are a good fit for you. Best of luck on your upcoming move!