Buckhead Atlanta House Market Is Strong –
Last month I posed the question as to which market was stronger, Buckhead Atlanta or Vinings. After comparing the last two months, unequivocally, the race is even. Let’s keep track for the rest of the summer months, including October. (Here in Atlanta, we have two summer endings: 1. Kids go back to school at the beginning of August, 2. College Football begins the Thursday before Labor Day, and 3. October when we starting wearing jackets.)
Buckhead Atlanta, just by the single-family-home stats, blows away Vinings. Across the board, as what happened for Vinings in May, the Buckhead market improved for sales price (+24%), Days on Market (-10%), and Units Sold (+5%). Vinings only had 4 sales in June of this year, and 6 during the last one. (Must be something in the Chattahoochee for June sales.)
When it comes to the condominium / town home (attached) market , we have some mixed numbers. Depending on what statistics mean the most to you, the Buckhead Atlanta or Vinings attached market will be stronger in your opinion. If you look at sales price, Buckhead Atlanta again blows away Vinings. In the former, the average sales price increased by 44% while they decreased by 9% in Vinings. For units sold and average days on the market, Vinings retains the lead.
For more information about how to get your home sold for the most amount of money in the shortest period of time, please contact me at James.Kobal@BHHSGeorgia.com and (M) 678.993.4951. If just wondering about your home’s value, please click here.