Johns Creek Chamber
appen dec 2010

North Fulton home prices continue to rise


July 08, 2013
Slowly but steadily, home prices have been increasing for more than a year.

We've seen the national housing indexes like the Home Price Index (HPI) and Case-Shiller Index continue to post positive gains.

The HPI nationally rose 7.4 percent over the past 12 months.

The April Case-Shiller 20-city index showed home prices rose 2.5 percent from March to April of this year.

Metro Atlanta as a whole posted year-to-date average sales price gains in May of 30 percent over 2012 for both single family detached and attached (condos and townhomes). A very large and unsustainable gain but good news nonetheless.

In North Fulton, west of Ga. 400, the average sale price of single family detached homes in May has jumped 11 percent over last year; 20 percent for North Fulton east of Ga. 400. While this is also good news, we should keep in mind that numbers can vary greatly from month to month. For June, while all the data isn't in yet, the average sale price looks like it will be up approximately 7.5 percent in North Fulton.

This data is important as it shows us the trends for the broader area and reflects continued improvement in the economy but ultimately the best indicator of your homes value will be determined by an assessment of your community and the comparable sales in your specific area.

This article appeared in the July 10 edition of the Forsyth Herald.

Bob Strader is a local realtor with the NORTH Group of Keller Williams Realty. Visit his blogs liveincumming.com or liveinalpharetta.com or email him: info@thenorthgroup.com.
printPrint
emailEmail Link
CommentFeedback
shareShare

Tags: Business News

READER COMMENTS Submission
When posting feedback please be respectful. Be nice. :
* required value
Your Name*

Town*

Email (not shown on website)*

Subject*

Comment*

Verification*
Identify the animal




Coldwell Banker
Johns Creek Montessori School
RECENT CLASSIFIEDS
Full-time

ADMINISTRATIVE ASSISTANT

September 18, 2014 | 09:17 AM
Duties include;Appointment »
Full-time

Alpharetta Tax Preparer - Full Time Help

September 17, 2014 | 05:06 PM
Local Alpharetta Tax preparer »
Furniture

Breakfast table and chairs

September 15, 2014 | 11:52 AM
Metal frame Glass top breakfast »

Beverage Depot
appen dec 2010 Duplicate