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
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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.
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In Georgia, homeowners are entitled to a homestead exemption on the house they live in as their primary residence. If you’ve just moved to a new home, and live in it on January 1 of this year, you will need to file for your homestead exemption. The forms and information on where and when to file can be found on the county website links below.
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Join us on Tuesday for holiday cocoa and cookies to be one of the first to preview our recently completed listing by Crestar Homes! An excellent Buckhead location in Morris Brandon school district. An all brick 5 Bedroom/5 Bath home with side entry three car garage, loggia with twelve foot accordion doors and outdoor masonry fireplace & walk-out backyard. Unfinished basement for future expansion. Large kitchen with island opens to family room featuring fireplace and built-ins. Top of line
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Jim Chapman Fine Homes is pleased to present Four (4) – 2+ Acre home sites located on Prestigious Riverview Road in Sandy Springs. Each Luxury Estate Home has been meticulously sited to take advantage of the mature hardwoods that accentuates each of the private home sites with access to the Chattahoochee River.
Jim Chapman, an Atlanta native and graduate of The Westminster Schools, is a homebuilding veteran who started his own custom homebuilding firm, Jim Chapman Fine Homes, in 1998 … Read more