Atlanta’s home sales’ numbers and statistics for March are out and they are amazing! There are currently 27,042 homes for sale in the metropolitan Atlanta area and only 6,040 are “Pending” sales. That is a ratio of 18.2%, which roughly put, says that 4 out of 5 sellers didn’t, or couldn’t, sell their homes. Price and condition sell homes and to me, these numbers say that Atlanta home sellers are still over-pricing their homes for today’s market! In this same time period, 10,872 listings expired, or failed to sell.

For today’s market, unsuccessful home sellers have three choices. Quite simply:  Reduce it, Remain in it, Rent it. It is a market of the 3 R’s.

This entry was posted on Friday, April 23rd, 2010 at 6:15 am and is filed under Atlanta Homes for Sale, Atlanta Real Estate Investments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.