Recession Catches Up With Decatur and DeKalb Home Sales
Decatur Metro | January 27, 2009As you can see above, 4th quarter home sales in the city of Decatur fell to their lowest level since Q1’03 (if that ’03 number can be believed). As for the median home price, its down around its Q1’07 level – though the sample size is obviously much smaller than usual.
Looks like the trend is pretty consistant across the area – 30306, 30307, 30308, 30316, and DeKalb County. Meanwhile, things in 30032 continue to just get worse.
Anyone know how many Decatur houses on average sold per quarter prior to the housing bubble? That might give a better indication of the new normal.