Big rise in DeKalb County home sales
DeKALB – August home sales were up 44.3 percent from a year ago in DeKalb County – one of the largest percentage increases in the state, which saw a 23.7 percent increase in home sales from August 2011.
The county boasted the highest increase in home sales among the collar counties, as sales increased from 70 in August 2011 to 101 in August 2012. The first eight months of home sales in the county this year were 38 percent higher than in the first eight months of 2011. There were 628 home sales through August, compared to 456 in 2011.
The same cannot be said for sale prices, however. An influx of foreclosed properties caused a dip in the median price for a home in DeKalb County. The median price dropped from $137,500 in August 2011 to $127,000 last month, a decline of 7.6 percent year over year.
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