Business
Business

Atlanta lags in home sale prices

By Christopher Quinn
May 12, 2012

Metro Atlanta's home sales prices lag the nation, says the latest report from the National Association of Realtors.

The region's  median home sales price in the first quarter was $87,800, down from $99,800 in the first quarter of 2011. The national median existing single-family home price was $158,100, which is 0.4 percent below $158,700 in the first quarter of 2011.

About half of metro areas home prices gained a bit in the first quarter, which is up from last year. Home sales are up more than 4 percent nationally, the association says, which reflects metro Atlanta's experience.

Here, sales rose 11.8 percent from 2010 to 2011, according to Smart Numbers, a Marietta real estate tracking firm. But average prices are down from $135,000 to $115,000 in that period.

--Christopher Quinn

About the Author

Christopher Quinn is a writer and editor who has worked for The Atlanta Journal-Constitution since 1999. He writes stories on Veterans Affairs, business including high-tech growth in metro Atlanta, Georgia's $72 billion farm economy, and he oversees assigning and editing news obituaries.

Follow Christopher Quinn on twitter
More Stories

Keep Reading

Lockheed Martin Marietta has been producing the C-130 aircraft for more than seven decades, the longest-running military aircraft manufacturing line in U.S. history. Production is seen underway on Sept. 3, 2025. (Courtesy of Lockheed Martin/Thinh D. Nguyen)

Credit: Thinh D. Nguyen

Lockheed Martin’s future in Georgia is likely to grow beyond the C-130

The company’s top-secret research and development presence in Georgia has been growing, and it has its eye on new aircraft to try to design and build.

EXCLUSIVE

Delta flight attendant fired for Kirk-related social post speaks out

Mathew Palmer, a Delta flight attendant, was suspended by the airline the day after writing a Facebook post about conservative activist Charlie Kirk’s assassination.

Georgia startup invents material to better protect spacecraft

Marietta-based company Atomic-6 has developed what it calls Space Armor, a new type of debris shield for spacecraft.

The Latest

Some owners cite the Subaru Forester's oversized sunroof as one of their favorite features. (Courtesy of Subaru)

Credit: Source: Subaru

Why are Subarus so popular?

OPINION

Is this the Corvette of the future?

OPINION

Mountain weekend ready: Tips, all-wheel drive picks for Blue Ridge getaways

Featured

Corbin Spencer, right, field director of New Georgia Project and volunteer Rodney King, left, help Rueke Uyunwa register to vote. The influential group is shutting down after more than a decade. (Hyosub Shin/AJC 2017)

Credit: Hyosub Shin

EXCLUSIVE

New Georgia Project shuts down, ending a decade of political influence in state

Founded in 2013, the organization was credited with registering tens of thousands of left-leaning voters who helped turn Georgia into a political battleground.

In TV ad blitz, ICE makes a play for Atlanta police officers

ICE spent more money on its recruitment campaign in Atlanta this month than in any other city.

2h ago

Street vendors fear being sidelined by Atlanta’s World Cup permit freeze

Permits for street vendors and community gatherings are on pause downtown during FIFA activities under Mayor Dickens’ executive order issued last month.