DEL.ICIO.USGEORGIA
Home prices down 16 percent in DeKalb
The Atlanta Journal-Constitution
Friday, November 14, 2008
DeKalb County home sales are flat and the average home sale price is down by about 16 percent from this time last year, according to a report released by the DeKalb Association of Realtors.
Among its findings: Last month, 483 homes were sold in the county, up only slightly from the 480 homes sold in October 2007. Pending sales of single-family homes were down slightly over the same period, from 583 homes to 578.
The average sale price for single family homes dropped during that time by 16 percent, from $210,859 to $178,061. And the average time on the market for single family homes increased from 124 days in October 2007 to 131 days in October 2008.
— Donna Williams Lewis
