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Atlanta Realtor Association releases April market data that will leave you speculating the future outlook of this market! 

The Atlanta Realtor Association(ARA) released its monthly market briefing for April 2022. This comes just one day after the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2022. Of which reported a 16.6% DECLINE in new residential home sales. 

The ARA reported that April residential sales hit 6,331, which is a decline of 13.8% from the prior year. The months supply from the prior year increased to 1.1 months of supply. The report was not all doom and gloom, as the median sales price this April was $412,500 which is an increase of 20.3% from the last April.

Links to Both Articles:

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Carson Hulak                             

Hulak Realty Group

Virtual Properties Realty



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