DEL.ICIO.USAtlanta home prices down 9.5% over 12 months
The Atlanta Journal-Constitution
Wednesday, November 26, 2008
Atlanta continues to be in the middle of the pack nationally for home-price declines over a year.
From September 2007 through September of this year, Atlanta’s prices have fallen 9.5 percent. In that same period the 20-city index, which includes Atlanta, declined 17.4 percent. Atlanta is the eighth best performing city on that list.
1. Phoenix: 31.9%
2. Las Vegas: 31.3%
3. San Francisco: 29.5%
4. Miami: 28.4%
5. Los Angeles: 27.6%
6. San Diego: 26.3%
7. Detroit: 18.6%
8. Tampa: 18.5%
9. Washington: 17.2%
10. Minneapolis: 14.4%
11. Chicago: 10.1%
12. Seattle: 9.8%
13. Atlanta: 9.5%
14. Portland: 8.6%
15. New York: 7.3%
16. Cleveland: 6.4%
17. Boston: 5.7%
18. Denver: 5.4%
19. Charlotte: 3.5%
20. Dallas: 2.7%
Source: S&P/Case-Shiller
• Are you buying or selling a home?
For the third quarter, Atlanta’s prices are down 1.6 percent compared to a 0.6 percent dip for the third quarter of 2007. The falloff from August to September is 1.3 percent.
Despite declines in 11 out of the past 14 months, Atlanta’s home prices are still up 22.7 percent since January 2000, according to the index. At the market peak in July 2007, Atlanta’s prices had risen more than 36 percent in seven-and-a-half years.
.JPG)
-1.JPG)
Services »
