How resilient is the Atlanta, GA housing market?

While the US residential housing market is recovering on a steady trajectory, the market still has not recovered to its pre-recession highs. The median home value in US is still only 86% of the nation's pre-recession high, and only 34% of homes have had their values surpass their pre-recession peak values, according to Trulia.

The Atlanta-Sandy Springs-Roswell, GA metro area follows the trend, only with median home values reaching only 87% of pre-recession peaks.

As a company providing lawn service to homes in Atlanta-Sandy Springs-Roswell, GA, it is in our best interest to fully understand and track all changes within the region's housing market. So we decided to publish some of our research so those interested can better understand the Atlanta-Sandy Springs-Roswell, GA housing market.

Methodology

We took historical data of Zillow's Housing Value Index - a measure for median home value - and adjusted the index for inflation using the Consumer Price Index (All Items Less Shelter), as recommended by the FHFA. We collected data at nationwide, state, metro and city levels.

From there, we compared current home values to their pre-recession peaks to understand how resilient the Atlanta-Sandy Springs-Roswell, GA area is relative to Georgia, the US, and other metro areas. We summarized the findings in an interactive data visualization, found at the bottom of the page.

Key Findings

• The median home value in Atlanta-Sandy Springs-Roswell, GA has reached $180k - 87% of the area's pre-recession peak of $207k.
• In terms of recovery, the region is ahead of the US and ahead of Georgia. Home values in these regions have reached 86% and 84% of peak values, respectively.
• Atlanta-Sandy Springs-Roswell ranks #48 among top 100 metro areas in the country in terms of recovery, and #224 across all metros.
• Of metro areas in Georgia, Atlanta-Sandy Springs-Roswell ranks #5 in terms of recovery.

Most Resilient Cities in the Atlanta-Sandy Springs-Roswell, GA Metro Area

1. Decatur
2. Chamblee
3. Druid Hills
4. North Druid Hills
5. Brookhaven
6. North Decatur
7. Avondale Estates
8. Senoia
9. Roswell
10. Alpharetta

Most Resilient Metros in GA

1. Augusta-Richmond County, GA-SC
2. Vidalia, GA
3. Athens-Clarke County, GA
4. Cornelia, GA
5. Atlanta-Sandy Springs-Roswell, GA
6. Gainesville, GA
7. Tifton, GA
8. Warner Robins, GA
9. Dalton, GA
10. Columbus, GA-AL

Embed this graphic onto your site! (copy the code below) <div style="clear:both"><a href="http://lawnstarter.com/atlanta-ga-lawn-care/atlanta-ga-housing-recovery-fall-2017"><img src="https://s3.amazonaws.com/www.lawnstarter.com/housing-recovery-fall-2017/Atlanta-GA-Housing-Recovery-Fall-2017.png" width="100%" style="max-width:700px" title="How resilient is the Atlanta, GA housing market? by Lawnstarter.com" alt="How resilient is the Atlanta, GA housing market? by Lawnstarter.com" border="0" /></a><br><p>This graphic is brought to you by <a href="https://www.lawnstarter.com/atlanta-ga-lawn-care">LawnStarter Atlanta</a>.</div>

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Embed this graphic onto your site! (copy the code below) <div style="clear:both"><a href="http://lawnstarter.com/atlanta-ga-lawn-care/atlanta-ga-housing-recovery-fall-2017"><img src="https://s3.amazonaws.com/www.lawnstarter.com/housing-recovery-fall-2017/Atlanta-GA-Housing-Recovery-Fall-2017.png" width="100%" style="max-width:700px" title="How resilient is the Atlanta, GA housing market? by Lawnstarter.com" alt="How resilient is the Atlanta, GA housing market? by Lawnstarter.com" border="0" /></a><br><p>This graphic is brought to you by <a href="https://www.lawnstarter.com/atlanta-ga-lawn-care">LawnStarter Atlanta</a>.</div>

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