The 2008 housing report held a surprise for those looking for all gloom and doom. More than two dozen zip codes across 20 counties, with 10 or more home sales, experienced increases in sales prices. Even more surprising than that, there were a handful of zip codes that saw sales volume and price increases.
Metro-wide, fewer new and resale homes and condos sold, causing a 27 percent drop in sales volume in 2008 from 2007. Additionally the price of homes and condos sold in 2008 slid 13 percent from 2007, in the metro area. There were significant variations in many of the counties when sales volume and price were factored out by zip code.
The largest price drop was in Clayton County, 43 percent, twice the decline of the next lowest county, Rockdale, which saw a 20 percent decrease.
Fulton County had the fourth largest drop of 18 percent, just behind Douglas County, which declined 19 percent.
Labels: 2008, Atlanta, Georgia, home sales report
# posted by
Brian Vanderhoff @ 12:03 PM
