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Stone Mountain is passing through a growing moment in foreclosure market. Nowadays, we have 106 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Stone Mountain started September with 169 foreclosures available. October registered a fall to 165 homes, or -2.37%. The city had another down in November: -22.42%, leaving 128 properties in the market. Things got worse in December with a drop to 72 homes in foreclosure available (-43.75%). Opportunities went abundant for buyers last month, with a rise, when Stone Mountain registered 74 foreclosures, a 2.78% increase comparing to December.
As for the cost, Stone Mountain has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Stone Mountain for $59,504, a value 65.15% below the US average price ($170,757), and a 1.64% decrease compared to the prices of January in the city.