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30316 Days on Market

We always are watching the sales data for trends and we have seen a nice downward trend for Days on Market. This tracks how long properties for sale are staying on the market before they are sold.
Historically, this number always goes up in the winters months. However, we have been lacking inventory in our in-town markets so I don’t expect the spike to be as large as normal in Winter 2012/2013.

 

This chart shows data for zip code 30316, which covers East Atlanta, Ormewood Park, Reynoldstown, Cabbagetown and then goes south to Gresham Park. Other nearby zip codes have shown similar trends.

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