Dorsey Alston, the oldest independently owned residential real estate company in Atlanta, has reviewed the FMLS data from the first quarter of 2016 and discovered the metro Atlanta market continues to favor home sellers.

Dorsey Alston, Realtors has been serving the community for more than 65 years with integrity, discretion and professionalism. It is the oldest privately owned residential real estate company in the metro area. With more than 200 Realtors, the company has provided the best home buying and home selling experience for generations of Atlantans and their families. For more information, visit dorseyalston.com.

In the higher-end markets, where the average house sold for $1.09 million (Buckhead) and $833,000 (Sandy Springs) homes are nearing 100 days on the market before selling. The biggest jump from the first quarter of last year was in Intown Atlanta, where 343 attached units were sold, a jump of 32 percent compared to the same time last year. Those units were also well priced averaging 99 percent of the list to sales price. The average price was $316,000.

“We continue to see solid opportunities for home sellers in all of the markets we serve,” said Patrick Wood, Vice President and Broker, Dorsey Alston, Realtors. “In every submarket that we watch, sales prices are consistently within 90 percent of list prices.  While recently we have witnessed a softening at the higher end of the market, we anticipate market activity to remain strong, especially for homes priced under $900,000.”

The city of Brookhaven experienced an average of 6 percent growth in home sales price while more homes hit the market. Following Atlanta Intown in terms of growth was the East Cobb Walton market, with an average home sale price of $478,000 and an increase of 11 percent in terms of both number of units on the market and sales price.

Link to Marietta Daily Journal story: http://www.mdjonline.com/neighbor_newspapers/northside_sandy_springs/dorsey-alston-research-shows-growth-in-most-sub-markets/article_0b93201a-17cd-11e6-97d4-3f6094b141b3.html

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