2. NOVEMBER 2013
$171,000
NOVEMBER 2012
MEDIAN SALES PRICE
$143,000
20%
$250,000
$200,000
$171,000
$150,000
$100,000
$50,000
$0
The Median Price for all homes sold in November was $171,000, which was 6%
lower than the median price in October and 20% higher than the price in
November 2012.
METRO ATLANTA FMLS
NOVEMBER 2013
3. NOVEMBER 2013
3,319
NOVEMBER 2012
CLOSED TRANSACTIONS
3,773
12%
6000
5000
4000
3,319
3000
2000
1000
0
The Market Trend Report for November showed a 14% decrease in the number of
Closed Transactions over October and an 12% decrease over sales in November
2012.
METRO ATLANTA FMLS
NOVEMBER 2013
4. NOVEMBER 2013
59
NOVEMBER 2012
DAYS ON THE MARKET
74
20%
80
70
60
50
59
40
30
20
10
0
The average Days on the Market for all homes sold in November was 59. This is 1
day more than the average in October and 15 days less than the average in
November 2012.
METRO ATLANTA FMLS
NOVEMBER 2013
5. NOVEMBER 2013
4.0
NOVEMBER 2012
5.2
MONTHS SUPPLY OF
INVENTORY
23%
6.0
5.0
4.0
4
3.0
2.0
1.0
0.0
The number of Months Supply of Inventory at the end of November was 4.0 which is
a 14% increase from October and a 23% decrease from November 2012.
METRO ATLANTA FMLS
NOVEMBER 2013
6. Description
The Market Trend Report is distributed each month on or about the 15th.
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).