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Data and information on the Atlanta remodeling market
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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