How’s the market?
The Market Action Index continues to shift upwards into stronger seller territory and is currently sitting at 48, which is an increase over last month’s market action index of 45. This signals a Growing Seller’s Advantage as we enter into the spring market.
How are list prices?
The median list price of homes on the market also held steady at $389,900 from February, with a small dip early in the month. List prices typically follow the direction of the market action index, but your local city or zip code may be different.
What about mortgage rates?
Mortgage rates rose in February, now hovering in the higher 6.75% range. The lower mortgage rates in January have nudged many buyers back into the market, proving there is plenty of pent-up demand for homes.
Learn more & ask questions
Path & Post Team continues to be a leading producer in North Atlanta with over 1,000+ 5-Star Reviews on Zillow & Google. We love talking about the local market and are always eager to answer your questions. Always speak to a real person at (770) 720-4663.
You can also get real-time market data by visiting pathpost.com/reports