Atlanta home sales dipped in May despite rise in listings

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In Atlanta, for example, the number of homes for sale jumped 18.9% to 33,836 in the first quarter. That’s the first annual increase in two years.

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There are currently 634 properties in Atlanta, GA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 5,853. In June, the number of properties that received a foreclosure filing in Atlanta, GA was 38% lower than the previous month and 60% lower than the same time last year.

Despite dip, gas prices expected to rise this summer. The priciest pumps of the state can be found in Atlanta, where the average price is $2.69, and the cheapest gas in the state is in.

Latest News. Because a home goes under contract a month or two before it is sold, the Pending home sales index generally leads existing-home Sales by a month or two. pending home sales for July 2018 will be released on Wednesday, August 29, 2018 at 10:00 a.m. Eastern. The NAR Public Affairs Office issues a news release on or near the 25th.

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Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 1.8 percent to a seasonally adjusted annual rate of 5.52 million in June from 5.62 million in May. Despite last month’s decline, June’s sales pace is 0.7 percent above a year ago, but is the second lowest of 2017 (February, 5.47 million).

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Number Of Homes For Sale In Roswell Drops 19%. The active inventory of homes for sale in Roswell was down considerably from the year prior, reaching 389 listings, a 19% drop. Closed sales also dropped off, finishing up the month more than 41% lower than they were the year prior.

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