August 16, 2007

Fulton County Real Estate is probably the most diverse in every possible definition of the word in Georgia.  It contains the city of Atlanta, as well as cities like Alpharetta and Roswell which feature very high end homes, as well as areas like College Park where there is a bit of a depressed value.

This May (according to Tax Records) in Fulton County Real Estate, 1500 homes were sold, that's down from down from over 2000 a year ago.  However, as in other areas such as Gwinnett County, prices are up by 20K on average.

As in the rest of the state, condo sales are down by almost 50%, however, Fulton is still one few places that a condo or townhome hold its value.  There has been little to no dropoff in the $180K average price.

Currently there are 9,281 homes for sale in Fulton County.  Of those 10% will likely sell in 77 days or less and the rest will sit until they are in the top 10%.