So far, it’s been a good year for Atlanta home sales, as can be seen from the above general FMLS sales statistics. Though the number of homes sold is down roughly 5% from this time last year, home values are up 7% and the average time to go under contract is down almost 9%. Some neighborhoods are fairing significantly better, including Loring Heights and others in the 30309 zip code, which are selling almost 25% faster than last year (see below Days on Market chart).
The number of homes in Loring Heights and the rest of zip code 30309 that are under contract is up 50%, year over year.
The average price per square foot in zip code 30309 and Loring Heights is up 15%, year over year.
Loring Heights homes are increasing in value. Here are the number of home sales in each price range for the last three years.
The Loring Heights list price to square foot ratio is improving and usually spikes over the summer months.
Loring Heights sales price to list price ratio has been steadily going up meaning buyers are paying what sellers are asking.
The average days on market throughout 2015 for Loring Heights has been near historic lows. People are loving this neighborhood!
The number of listings that have expired in Loring Heights has traditionally been low.
Fulton county had the 3rd highest median sales price for the metro Atlanta area in September.
Active listings in the metro Atlanta area are close to all time lows so competition is scarce. Now is the time to list your Atlanta home.
If you are thinking of buying or selling a home in Loring Heights or the 30309 zip code, let Craig Levine aka The B-Line Broker, assist you. With over 20 years of real estate experience selling Atlanta homes, Craig has developed one of the most comprehensive and cutting edge marketing programs. Craig can be reached at 678-898-4001 or at