The median home sales price in the Metro Atlanta area increased 3% in December 2014 compared to November 2014 and was up 4% from December 2013. There was also a 21% rise in the number of closed home sale transactions in December 2014 over the previous year. The average days on the market for homes sold was 65 days in December 2014, which was 1 day less than November 2014 and 1 day more than December 2013. The number of months of inventory remained at 5.1 months at the end of December 2014, representing a 16% rise from December 2013.

1. METRO ATLANTA FMLS DECEMBER 2014

2. MEDIAN SALES PRICE
METRO ATLANTA FMLS
The Median Price for all homes sold in December was $195,000, which is 3% higher
than the median price in November and 4% higher than the median price in
December 2013.
DECEMBER 2014
DECEMBER 2014 $195,000
DECEMBER 2013 $187,250
4%
$195,000

3. CLOSED TRANSACTIONS
METRO ATLANTA FMLS
The Market Trend Report for December showed a 20% increase in the number of
Closed Transactions over November and a 21% increase over sales in December
2013.
DECEMBER 2014
4,363
3,611
21%
DECEMBER 2014
DECEMBER 2013
4,363
0
1000
2000
3000
4000
5000
6000

4. DAYS ON THE MARKET
METRO ATLANTA FMLS
The average Days on the Market for all homes sold in December was 65. This is 1 day
less than the average in November and 1 day more than the average in December
2013.
DECEMBER 2014
65
64
2%
DECEMBER 2014
DECEMBER 2013
65
0
10
20
30
40
50
60
70
80

5. MONTHS SUPPLY OF
INVENTORY
METRO ATLANTA FMLS
The number of Months Supply of Inventory at the end of December was 5.1 which is no
change from November and a 16% increase from December 2013.
DECEMBER 2014
5.1
4.4
16%
DECEMBER 2014
DECEMBER 2013
5.1
0.0
1.0
2.0
3.0
4.0
5.0
6.0

6. Description
The Market Trend Report is distributed each month on or about the 15rd.
The Report is based on data provided by Terradatum from the local
Metro Atlanta First Multiple Listing Service and is not annualized. While
MLS and Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).