South Fulton Georgia Market Watch

The good news; So Fulton has the 2nd lowest months supply in the 9 southern crescent counties, just behind Clayton, posting an 8.3 months supply as of May 1. A 6 months supply is optimum.

'06 1st trimester unit sales v. '10 1st trimester unit sales - 855 v. 751 - down 12.2% or 104 homes
'09 1st trimester sales v. '10 1st trimester sales - 867 v. 751 - down 13.4% or 116 homes
'06 avg home prices v. YTD '10 avg home prices - $170K v. $95K - down 44.2% or $75K
Apr 1 months supply v. May 1 months supply - 7.9 v. 8.3 - up 5.1% or 4/10th month - Relative position* - excellent
Apr 1 inventory v. May 1 inventory - 1,706 v. 756 - up 2.9% or 50 homes
YTD '10 avg sales price v. May 1 avg inventory price - $95K v. $148K - Balance grade - C+ (1 : 1.56 ratio)
YTD '10 avg DOM v. '09 avg DOM - 85 v. 104 - down 9.6% or 19 days.

To view the complete report go to: http://SoFulton.BushRealEstateGroup.com

For more information on buying or selling in South Fulton call me today!!!

Ana Ramiscal

404-217-6389

Bush Real Estate Group

Simply the Best

770-254-9400