Business
Business

Metro Atlanta housing prices rise steeply

By Arielle Kass
April 30, 2013

Metro Atlanta home prices recovered three years of value in 12 months, rising steeply in a closely watched metric.

The increase is a further sign that the housing market is improving in the region. But the area’s prices remain below 2000 levels.

Local home prices were up 16.5 percent year-over-year in February, according to data from the S&P/Case-Shiller home sale price report. The increase means that metro area houses are now worth what they were in the summer of 1999. At their worst, in February 2012, area home prices fell to mid-1996 levels.

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

Microsoft's Fairwater data center is housed within this sprawling campus in Fayetteville, shown here in May. (Miguel Martinez/ AJC)

Credit: Miguel Martinez-Jimenez

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

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

The definition of “luxury” has shifted. It’s no longer just a softer ride with more chrome and gadgets; the real battle now is over experience. Lincoln is leaning in.

1h ago

Flying for Thanksgiving? Here are tips for navigating Atlanta’s airport

Here’s the AJC's guide to what’s under construction at the airport and what to watch for if you’re traveling this Thanksgiving holiday.

The Latest

The 2025 Navigator is the flagship vehicle of the Lincoln brand. (Tyler Gourley/Lincoln/TNS)

Credit: TNS

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

1h ago

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Tracy Woodard from InTown Cares (left) and Lauren Hopper from Mercy Care organization work with residents at the Copperton Street encampment in August 2024. (Miguel Martinez / AJC)

Credit: Miguel Martinez

‘Worst nightmares come true.’ Atlanta confronts shift in homelessness funding.

Trump’s overhaul threatens permanent housing for an estimated 600 Atlanta households and 170,000 people nationwide, advocates warn.

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

Atlanta officials quietly rebrand city’s DEI office

The city of Atlanta office overseeing diversity, equity and inclusion is getting a rebrand amid assaults at the federal level on such initiatives.