buckhead

The Case for Buckhead’s Greater Residential Real Estate Market

Buckhead’s Place in Atlanta

Atlanta boasts a very strong and diverse economy, productive workforce, a range of school options along with cost-effective collegiate options courtesy of the Hope scholarship and a world-class state university system. These factors, along with a desirable climate, coalesce to draw people from all over the world to this area. Buckhead continues to be Atlanta’s most exclusive single-family market. The case for Buckhead development remains strong – as it is set aside from the City of … Read more


4261 Olde Mill Lane

Nestled into Olde Wieuca Mill

4261 Olde Mill Lane is a remarkably elegant and easy home and one of 12 properties on the exclusive Olde Wieuca Mill subdivision. This North Buckhead location is convenient to a highly rated public elementary school, Chastain Park, Buckhead businesses and Path400. Everything from the trim work, to delightful proportions and luxurious layout makes this house a pleasure. Upon entering foyer, you are struck by high ceilings, abundant light, unique iron banister,  wide stairway, and … Read more


Halten Hall


Halten Hall is unique building with only 15 owners. This video shows far and away the largest unit in the area and also special to this market. Halten offers small size, discretion, secure parking, semi-private elevators and “main at main” location in a sought after condo market. From this location, you are

  • 0.3 mile to Buckhead Atlanta (upscale shopping and Dining).
  • 0.5 mile to Peach Shopping Center (Publix, Starbucks, Barnes and Noble).
  • and 0.5 mile to Whole Foods (across from
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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
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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