Metro Atlanta Home Sales Up 32 Percent In November Year over Year

    atlnovNovember saw a 1 percent drop in the number of closed transactions from October but a 32 percent jump over sales in November 2015.  The median price for all homes sold in November was $220,000, which is 1 percent higher than the median price in October and 6 percent higher than the median price in November 2015.

    However, it is taking sellers a bit longer to sell their home than in October because the average days on the market for all homes sold in November was 50, which is 5 days more than the average in October but 6 days less than the average in November 2015.

    The months supply of inventory at the end of November was 3.9, which is an 11 percent rise from October and a 9 percent drop from November 2015.

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