Atlanta Home Sales Up, Prices Spike in October

Atlanta Home Sales Up, Prices Spike in OctoberThe region’s home sales ticked up slightly in October in a somewhat encouraging sign for Atlanta’s residential real estate market, a report released Wednesday showed.

Sales in October were up about 4 percent compared with the same month a year ago, according to the Atlanta Board of Realtors. It also found the median price of homes has jumped about 23 percent, to $141,000, since October 2011.

The board’s Market Brief report compiles residential housing statistics for 11 counties across Atlanta, and it’s seen as a key measure of the health of the local real estate market.

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Authored By Greg Bluestein – See the Full Story at the Atlanta Journal Constitution

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