2012 – a comeback year for Atlanta real estate?

2011 sales trending up 2012   a comeback year for Atlanta real estate?

2011 sales appear to finally be trending up after a prolonged down cycle

2011 finished the year with several indicators of a comeback market:
·        More homes are selling (+19% in the 4th quarter and +15.1% for the full year)
·        Sellers are seeing a better median Sales price/List price ratio
·        Somewhat fewer listings are failing
·        Listings are taking fewer median days on market to sell
·        There are 40% fewer homes on the market than a year ago:  A continued lower supply of active listings will be the main driver for recovery.

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