"Overall, market conditions continue to remain favorable for a sustained and healthy real estate market in Greater Atlanta. Median Sales Price and Total Home Sales continue to hover at recent highs and inventory continues to rise," said Atlanta Board of Realtors President Todd Emerson, "While sales for June initially reflected a decrease in sales year over year, the updated information based on additional reported closings now reflects a slight increase over 2013. We fully expect similar results to be reported for July of this year as well."
Additionally, Todd Emerson stated, "Another positive indicator is the number of homes for sale continues to rise, primarily due to a continuation of Seller confidence. This trend also benefits Buyers in the marketplace as it presents more purchase options. The Month's Supply of available Inventory is now at 4.4 months and is moving closer to what is traditionally known as a Balanced Market."