Business
Business

Metro Atlanta home sales still lower than 2013

By Arielle Kass
May 19, 2014

Home sales in metro Atlanta rose from March, but continued to stay lower than the year prior, as continued low supply keeps people from finding homes.

April sales of 3,660 homes in an 11-county metro area were down 6.8 percent from the year before, according to the Atlanta Board of Realtors. Sales rose 7.9 percent from March, in line with a traditional spring selling season.

The median sales price continued to rise. In April, it was up 11.1 percent from the year before, to $210,000.

The price increase is a result of a reduction in foreclosure sales and continued demand, Atlanta Board of Realtors president Todd Emerson said in a statement. He also said seller confidence is on the rise.

“We continue to remain very optimistic all of these trends will continue into summer,” he said.

About the Author

Arielle Kass covers Gwinnett County for The Atlanta Journal-Constitution. She started at the paper in 2010, and has covered business and local government beats around metro Atlanta. Arielle is a graduate of Emory University.

More Stories

Keep Reading

Georgia lost 3,200 jobs in September after posting job gains in August. Still, employment remains positive over the year, with the state adding 24,300 jobs. (Hyosub Shin/AJC 2023)

Credit: Hyosub Shin/AJC

Georgia lost jobs in September, says 1st report since federal shutdown

Georgia’s job market cooled some in September, but the unemployment rate remained steady, according to new data released Thursday by the state Department of Labor.

Kemp trip to Asia to include Korea stop, adds Hyundai meeting after ICE raid

Gov. Brian Kemp is set to make his third trip to Korea since taking office, but this economic development mission will have a distinctly different tenor than previous visits.

Coca-Cola names new CEO Henrique Braun to succeed James Quincey

Coca-Cola Executive Vice President and Chief Operating Officer Henrique Braun will become chief executive on March 31.

The Latest

A new kind of hybrid, called e-Power, is coming to the U.S. from Nissan. Courtesy of Nissan

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

In the market for a luxury vehicle? You might reconsider Lincoln.

Featured

A MARTA operator is seen inside the control room of one of the new MARTA trains during the unveiling of these trains on Thursday, Jan. 30, 2025. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez

MARTA chief says new train cars give smooth, quiet ride

Interim CEO Jonathan Hunt told The Atlanta Journal-Constitution’s editorial board he is focused on project delivery, which he said is key to winning back public trust.

God’s Acre: Former Native American boarding school reveals complex history

A Native American boarding school established by Moravian missionaries in North Georgia in the early 19th century reveals a complicated and compelling history.

Why Midtown’s holiday lights display is a little less vibrant this year

Midtown Bright, the annual winter lights display, was cut back this year.