The Alpharetta and Johns Creek real estate markets continued to show weakness in April (as compared to last year at the time). April 2006 sales totaled 240 homes sold from the 848 homes in inventory across all price ranges. This year showed a substantial (but not devastating) drop in sales, and an increase in inventory with 207 homes sold in April 2007 out of 1079 total homes for sale (across all price ranges). This represents a 13.75% drop in sales and a 27.24% increase in the total number of homes for sale between April 2006 and April 2007. These figures equate to a 5.21 month supply of homes at April's absorption rate which is up a whopping 47.59% from April 2006's 3.53 month supply. What does this mean to buyers and sellers in Alpharetta and Johns Creek Georgia? It means that sellers may need to exercise a little more patience when selling a home. Those in a hurry may need to consider lowering the price to induce a quicker sale. For buyers, it means an improved, expanded inventory of homes and more choices. It also means that a buyer may find a home they love for less money if the seller is motivated by time constraints.