Condo and Townhome Prices in Atlantic Station, Atlanta GA October 2013
Real estate market data for Atlantic Station, GA provided by Anthony McCullough of Keller Williams Realty of Buckhead.
Atlantic Station Home Prices
We have seen a sharp drop in median listing prices for June and July. August had strong listing values on
home prices in Atlantic Station and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Atlantic Station but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Atlantic Station home on which you are making an offer.
If you are interested in how much
current inventory is on the market in Atlantic Station you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Atlantic Station, homes have a median time of 54 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Atlantic Station has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Atlantic Station Real Estate Report Summary
The median list price in October for single family homes in Atlantic Station is $177,450.
The number of active listings in Atlanta (30363) dropped by 7.7% from the previous month.
The median number of days active properties have been listed is 54. This is significantly shorter than the national average.
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