Market Watch Atlanta – Southern Charm and Grace Abounds in the City Too Busy to Hate



Atlanta is the heartbeat of the civil rights movement. This is where it all started. Dr. Martin Luther King, with the support of many black and white leaders, began the movement which has changed America for the better.

Atlanta real estate

Atlanta Market Watch. Image courtesy Davel5957 @ istockphoto.com

This beautiful southern town is also the birthplace of another “movement” which changed America, although some might argue it wasn’t for the better – Coca-Cola. Invented in May, 1886 by Dr. John S. Pemberton in Atlanta, the good doctor’s bookkeeper Frank Robinson suggested the name, and the first glass of bubbly goodness was sold in Atlanta at Jacob’s Pharmacy by Willis Venable.

The citizens of Atlanta, well known for their hospitality also enjoy a reasonable cost of living when compared to other cities across the country. The average price per square foot for a home in Atlanta recently fell 7.6% from the same time last year to $122.

The median sales price for homes in Atlanta for the last quarter was $168,000 based on 1,921 home sales. When compared to this time last year this price has gone done by 14.1% – $27,620, yet the number of home sales has increased by 14.8%. According to Trulia, Atlanta has 14,970 homes for sale, which are composed of 4,596 homes in various stages of the foreclosure process.

The average listing price of Atlanta homes was at $350,335 for the week ending November 23, showing a decrease of 1.2% when compared to the week prior and a decline of 5.4% or $20,170 compared to the week ending November 2. Among the popular neighborhoods such as Midtown and Virginia Highland, average listing prices were at $304,079 and $453,250 respectively.

Schools in Atlanta, like any large metropolitan area can vary wildly between neighborhoods, with some of them rated more highly than others. There are a large number of schools in the area, both public and private so there is a large number to choose from.

Split between three separate school districts, the city accommodates the needs of nearly a quarter million children – approximately 240,000 students, which is no small feat.

Some of the highest rated schools in Atlanta are Lin Elementary School, South Atlanta Law and Social Justice School and Adamsville Elementary School. Each of these schools received top ratings by parents and students alike.

Sports fans can enjoy watching their favorite teams – the Atlanta Braves, which have been playing professional ball in Turner Field since 1997, or the Atlanta Falcons.

The “Braves” name was first used in 1912, which comes from a term for a Native American warrior. Nicknamed the “Bravos”, this team often describes itself as “America’s Team”.

The Georgia Dome is home to the Atlanta Falcons, who have been playing for the city since 1966, and have been home team to such football greats as Michael Vick, and Green Bay’s lost love Brett Favre.

Atlanta has something for everyone. Whether you’re a fan of the arts (Alliance Theatre, Atlanta Ballet, Atlanta Opera, Atlanta Symphony Orchestra) a nature lover (Atlanta Botanical Garden) or a “party animal” (Hard Rock Cafe’) there is no end to the fun things you can see and do in this fair city.