Loopnet.com released it’s Atlanta market report today for the 3rd quarter of 2009. Overall commercial sales were off 82% over 3rd quarter of last year. That’s really amazing in light of the fact that last year’s 3rd quarter was terrible. Here’s a snippet from the report:
In Q3, overall sales in Atlanta decreased 82% compared to the prior year. Over the last 12 months, the price per square foot for office property is down 52%, multifamily is down 9%, industrial is down 24% and retail is down 15%.
You can order full reports on Atlanta or other markets by property type at Loopnet’s website.
