Market Leaders Profile: Atlanta

Data and information on the Atlanta remodeling market

September 30, 2009





Population: 5,376,285 (26.6 percent increase since 2000)

Existing home sales: Q2 2009 sales were down 9 percent from 2008, but up 32 percent from Q1

Home prices:

 

  • Down 13.7 percent from 2008
  • Down 21.2 percent from July 2007 local peak
  • Down 11.5 percent over last 5 years
  • Up 11.2 percent over last decade

Homeownership rate: 68.1 percent (No. 38 among major metros)

Median household income: $57,307

Local unemployment rate: 10.7 percent (up from 6.5 percent in 2008)

Sources: Coldwell Banker NRT Development Advisors, S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau

 

RELATED LINKS

Podcast on the Atlanta market with Renewal Design Build 



Atlanta Hit Hard by Downturn



Realty Times Atlanta Market Report 



Atlanta Journal Constitution Home Sales Report

 

Atlanta Business Chronicle: Metro Atlanta home values down 12%

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