Market Information

Getting Warmer: Atlanta’s Early Spring

Springs is here. Here are some stats about Atlanta’s real estate market as of February 19, 2018

  • There are 1907 single family house listings in “Atlanta”. 40% are under contract.
  • Of this 40% under contract, 674 listing are marked “pending”. Pending listings usually involve non-refundable earnest money. This is way ahead of where we were this list last year (as shown in below overview).
  • Some submarkets show incredible undersupply.
  • Average days on market is 47. Median days on market is
Read more

Fun with numbers …

The incredible marketing group at Atlanta Fine Homes Sotheby’s International Realty created this fun piece for our upcoming placement in Peachtree Battle Living Magazine. It ties in to our last post about the Buckhead market and zeros in on Zip Code 30305.

Statistics for single family residential in zip code 30305, etc

Statistics for single family residential in zip code 30305, etc

Read more

Buckhead Market Update

Buckhead’s single family market probably had about $1 billion in single family residential sales last year. There was about $945 million that occurred in First Multiple Listing Service (FMLS) – which captures majority of sales. Below chart has summary. You may find this simple overview of 2016 single family sales helpful:

 

  • Average days on market was 73
  • Average price square foot was $273.72
  • Average sale price was $1,079,823, which is 94% of listing price
  • Last year, Heery Brothers sold
Read more

3355 East Terrell Branch Court

Coming Soon! :: 3355 E Terrell Branch Court SE, Marietta, GA 30067, Cobb County

  • Excellent move in ready option. Location central to east cobb;
  • Less that 0.3 miles to back gate of Sope Creek Elementary,
  • 1 mile to the walking/mountain biking trails of Sope Creek Park and
  • Convenient to Johnson Ferry Road, Paper Mill, Sandy Springs, shopping, dinning, the Chattahoochee River (including Cochran Shoals) and many other local amenities.

Drone Video:

This upcoming listing features:

  • Four sided traditional brick in
Read more

Housing Expectations in 2016

Housing Expectations 2016- NAR

 

The Atlanta market should continue to outperform the national housing prices. 4th Quarter 2014 vs 4th Quarter 2015 has shown an approximate. 30% increase in prices for Cherokee, Cobb, DeKalb, Forsyth, Fulton and Gwinnett Counties (combined). While we will not continue to increase at this rate, we see 2016 will usher in healthy increases in housing prices. Equity market volatility can favor real estate.

 

Here is a little something from the National Association of Realtors.

 

We hope Read more