The BIG Number: August 2012
30% The percentage increase in average sales price for Condos and Townhomes in North Fulton, comparing sales for August 2012 to August 2011. On the last day of each month I post a “Big Number” or...
View ArticleThe BIG Number: September 2012
2001 The last time inventory for all of metro Atlanta was this low. The current number of single family detached homes listed for sale is 18,586 with 3,248 single family attached (condo or townhomes)...
View ArticleThe BIG Number: October 2012
2.6% The percentage of all active listings in North Fulton that are Bank Owned / Foreclosures. The lowest it has been since before the recession and lower than the percentage of Short Sale listings:...
View ArticleThe BIG Number: November 2012
22% The percentage increase in homes sold with an Alpharetta or Milton address. This is comparing October 2012 to October 2011. On the last day of each month I post a “Big Number” or interesting figure...
View ArticleThe BIG Number: December 2012
15% There were 15% more homes sold in North Fulton in 2012 vs 2011. Inventory of homes in January of 2013 is down 21% vs January 2011. On the last day of each month I post a “Big Number” or interesting...
View ArticleThe BIG Number: January 2013
30% The increase in average sales price in 2012 over 2011 for single-family attached, condos and townhomes in Roswell. There were only 5.6% more units sold but the average sales price went up...
View ArticleThe BIG Number: February 2013
29% The drop in inventory of homes for sale in North Fulton from a year earlier. Inventory of single family homes is down 54% from two years ago. On the last day of each month I post a “Big Number” or...
View ArticleThe BIG Number: April 2013
42% The increase in median sales price for Condos & Townhomes in North Fulton – comparing the first quarter of 2013 to the first quarter of 2012. On the last day of each month I post a “Big Number”...
View ArticleThe BIG Number: May 2013
13% The jump in average sale price for April home sales year-over-year. The average sales price for homes sold in North Fulton rose from $345,388 to $390,331. On the last day of each month I post a...
View ArticleThe BIG Number: June 2013
10.75% The percentage drop in purchasing power for every 1% increase in mortgage rates. Recently mortgage rates have run between 4.25% and 4.5%, approximately 1% higher than 60 days ago. On the last...
View ArticleThe Big Number: July 2013
15% The increase in average sales price for single-family detached homes sold in North Fulton in the first half of 2013 vs the first have of 2012. On the last day of each month I post a “Big Number” or...
View ArticleThe BIG Number: August 2013
4.2% The average annual appreciation of home values in Metro Atlanta. Currently we’re seeing year-over-year increases in the 6%+ range for Alpharetta, Milton, Johns Creek and the North Atlanta area. On...
View ArticleThe BIG Number: September 2013
24% The percentage drop in the number of Condos and Townhomes for sale in North Fulton compared to September 2012. Inventory levels continue to decline, in large part, because very little new...
View ArticleThe BIG Number: October 2013
6.1% The latest unemployment number for Alpharetta, GA. This is down from 6.9% a year ago and from 8.5% at the peak. A strong business community is directly related to the strength of our housing...
View ArticleThe BIG Number: December 2013
19% The year-over-year increase in single family home sales in North Fulton from 2012 to 2013. Inventory at this point is only up 4.2% over this time last year. On the last day of each month I post a...
View ArticleThe BIG Number: January 2014
34% The year-over-year increase in average sales price for Townhomes / Condos (single-family attached) in North Fulton. Comparing December 2013 to December 2012 the average sale price shot up higher...
View ArticleThe BIG Number: February 2014
17 The number of equestrian properties available in North Fulton, at the time of this post. They range in price from $570,000 to $2.5M. Only 19 horse farms have sold in North Fulton over the past 12...
View ArticleThe BIG Number: March 2014
28% The share of the market made up of first-time homebuyers. According to Lawrence Yun – chief economist for the National Association of Realtors, first-time buyers typically make up 40% of the market...
View ArticleThe BIG Number: April 2014
-13% & 19.6% This month is a BIG Number two-fer. Comparing first quarter numbers for Townhome and Condo sales in North Fulton, the number of units sold is down 13% over Q1-13 but the average sales...
View ArticleThe BIG Number: May 2014
39% The increase in asking prices for metro Atlanta from the bottom of the market to today. That puts the median asking price down from the peak by 4.4%. On the last day of each month I post a “Big...
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