Search all Atlanta new construction

Builders…..if your credit isn’t shot, there’s lots of money to be made in the Atlanta real estate market. With inventories of new construction and resale homes at historically low levels, a well built and reasonably priced home shouldn’t take long to sell.

As of 2/7/14, there were  2228 newly built metro Atlanta homes for sale and 28630 resale homes for sale in metro Atlanta. There were 1065 newly built metro Atlanta homes under contract and 10827 resale homes under contract in metro Atlanta. In 2013 there were 5785 new metro Atlanta homes sold and 61577 resale homes sold in metro Atlanta. In 2012 there were 5329 new metro Atlanta homes sold and 61862 resale homes sold in metro Atlanta. In 2011 there were 4933 new metro

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30068

A client of mine who was considering selling his home recently asked me to provide some sales and pricing statistics for zip code 30068, located in Marietta Georgia. The family was glad to see that Marietta Georgia real estate trends were improving and thought it was a great time to list their home for sale.  In 2011, there were 377 sales with an average list price of $398,854 and an average sales price of $377,300, a sales price to list price ratio of 95%, a sales price to original list price ratio (taking into account price reductions) of 91% and an average days on market of 130. We would consider this a pretty slow moving market.

Atlanta Pocket Listings

There’s a new catch phrase being circulated in the real estate industry and it’s coming to a town near you. Pocket Listings, or hip pocket listings as they are popularly called, are real estate listings that have not fully hit the market, yet. They are not being advertised in the local multiple listing service (mls) and are usually hidden, secretive, or private offerings available to people in the know. You can almost equate them to an initial public offering (ipo) of stock, available at first, to a clientele and then to the general public once they are listed. Atlanta pocket listings are becoming more and more prevalent as the Atlanta real estate market heats up and we prepare for a recovery in 2014.

Why might a seller

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During the month of August 2013, Atlanta home sales prices for single family detached residences averaged $244,297 versus $186, 864 in August 2012. Additionally, during August 2013, Atlanta home sales prices for single family attached residences averaged $182,703 versus $143,216 in August 2012. Houses and condos showed significant gains of approximately 30% from the prior year, a very positive sign. Inventory levels for detached single family homes declined about 4% while inventory levels for attached single family homes declined a whopping 29%, year over year for August. See the Atlanta home sales statistical map that provides insight into which areas of Atlanta are selling the fastest and which areas of Atlanta are selling for the most money.

Atlanta home sales statistics

Having been licensed since 1994, Craig Levine brings to

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Georgia’s Most Expensive Homes for Sale

As of August 13 2013, there are over 1,000 active listings in metro Atlanta over $1,000,000 according to the First Multiple Listing Service. To preview the most expensive homes in the metro Atlanta area, click here.