Metro Atlanta home sales still lower than 2013

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

Shriners Children’s to open pediatric medical research institute on Atlanta’s Westside

The $153 million location at Georgia Tech’s Science Square on Atlanta’s Westside promises to create create 470 new jobs.

2h ago

Duluth-based AGCO reaches agreement with activist shareholder TAFE

AGCO reached an agreement with its largest shareholder, which had filed a formal complaint and warned it might ask other shareholders to replace members of the board.

2h ago

Georgia startup’s solar tech can power spacecraft. It won a key contract.

Atomic-6 says its technology can help power ships in space, data centers on orbiting satellites, and mining missions or human habitation on the moon.

The Latest

Credit: AP

Home Depot makes $5.5B acquisition to increase business with pro contractors

Atlanta’s TNT Sports will no longer produce NBA TV programming

New site being studied for restaurants next to Mercedes-Benz Stadium

Featured

Credit: Reed Williams/AJC

Brookhaven removes colored glass from City Centre dome after uproar

Some say the colors were too bright, the dome looked like ice cream with sprinkles and the hues distracted from the building’s muted design.

Confederate group sues to stop Stone Mountain’s ‘truth-telling’ exhibit

The Sons of Confederate Veterans allege the park’s changes to its Civil War history exhibits violate state law.

2h ago

Georgia student going to court after being expelled for warning of threat

The middle school student was expelled after he sent messages to friends about a video he'd seen with someone threatening to shoot up area schools.