sandy springs: Real Estate Market Statistics for Sandy Springs inside the Perimeter, November 2010 - 12/25/10 07:51 PM
These are the real estate statistics for Sandy Springs inside the Perimeter, FMLS area 132. Data is from Smart Numbers reports from the Atlanta FMLS.
These stats are only for single family detached homes.
Chart one shows average sales price going back to January 2002. The bars at the bottom show the volume of unit sales.
Chart two just takes the first chart and smooths it out using a volume weighted twelve month moving average. See this post for details on how and why I like this moving average chart.
Chart three is the sale price to original list price ratio … (0 comments)
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sandy springs: Sandy Springs Real Estate Market Statistics, November 2010 - 12/25/10 07:50 PM
These are the real estate statistics for Sandy Springs outside the Perimeter, FMLS area 131. Data is from Smart Numbers reports from the Atlanta FMLS.
These stats are only for single family detached homes.
Chart one shows average sales price going back to January 2002. The bars at the bottom show the volume of unit sales.
Chart two just takes the first chart and smooths it out using a volume weighted twelve month moving average. See this post for details on how and why I like this moving average chart.
Chart three is the sale price to original list price ratio along … (0 comments)
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sandy springs: Local Unemployment Charts Around Atlanta. Some Markets Hit Hard - 12/10/10 08:51 PM
The housing market depends on the job market. If people don't have jobs, they're not going to be able to pay their mortgage. If they can't pay the mortgage you are going to see a lot of foreclosures.
So what areas around Atlanta are best for jobs and which ones have the most unemployment?
The Georgia Department of Labor puts out monthly unemployment numbers. I've always heard of the statewide number being reported in the press but I only recently found out that they actually keep data for more localized areas. They not only have the data for the Atlanta MSA (Metropolitan … (1 comments)
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sandy springs: Atlanta Market Stats for Sandy Springs, Dunwoody, Alpharetta, Roswell and Cumming - 09/28/10 02:39 PM
Here are my charts for the average price of homes in areas around Metro Atlanta. These are updated with the August 2010 numbers that just came out.
These charts here are the 12 month moving averages weighted by sales volume. For days on market and list/sales price ratios for all of the areas, go to my main website.
Prices in many areas around Atlanta have been flat for the past year. A few areas are starting to see a little blip up in prices. Some areas are still trending down.
Let's first start off with the area wide picture. Prices seem to … (0 comments)
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sandy springs: Sandy Springs New Overlook Park at Morgan Falls - 08/02/10 12:30 PM
Last Friday I checked out the new Overlook Park at Morgan Falls just up the street from where I live.
What an incredibly beautiful park!!!
I've been wanting to do some kayaking or canoeing on the Chattahoochee and now I have no excuse, other than not owning a canoe or kayak.
They have a nice canoe dock to put in and the river there is very calm. It's just above the dam and it's an area they call Bull Sluice. I can't wait to go canoeing there.
They made a really nice pavillion and an open courtyard area.
I didn't know … (2 comments)
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sandy springs: Market Stats for Sandy Springs Inside The Perimeter - 03/02/10 07:59 PM
Real Estate Market Statistics for Sandy Springs Georgia
The following are some charts I put together showing some key statistics for single family detached homes in southern Sandy Springs Georgia (FMLS area 132)
I've gone back and compiled the data that Smart Numbers puts out for the FMLS monthly reports for the past 8 years. This allows the trend to be seen over time. I've found that month to month numbers to be pretty useless so that's why I spent all of the time to create these charts.
Average sales price Number of units sold Sales price/original list price ratio Total … (0 comments)
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sandy springs: Real Estate Market Statistics for Sandy Springs Outside The Perimeter - 03/02/10 07:49 PM
Real Estate Market Statistics for Sandy Springs Georgia
The following are some charts I put together showing some key statistics for single family detached homes in northern Sandy Springs Georgia (FMLS area 131)
I've gone back and compiled the data that Smart Numbers puts out for the FMLS monthly reports for the past 8 years. This allows the trend to be seen over time. I've found that month to month numbers to be pretty useless so that's why I spent all of the time to create these charts.
Average sales price Number of units sold Sales price/original list price ratio Total days on the … (0 comments)
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sandy springs: Inventory and Absorption Rates in Sandy Springs at Different Price Points - 01/29/10 02:18 PM
I just went on a successful listing appointment in Sandy Springs. I had put together some market charts to show how the market was in different price ranges. I'm going to slowly work up these charts for more areas around Atlanta.
I have absorption rates going back to January of 2002 so you can see the trends over time. I took the number of sales in the past 12 months and divided it into the current number of homes on the market. Then, by dividing by 12, I get the number of months to clear the current inventory if sales are the same as … (0 comments)
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sandy springs: Sandy Springs Home for Sale, 605 Widgeon Lane, Powers Lake. Just Beautiful! - 01/26/10 08:50 PM
My new listing in Powers Lake subdivision inside the Perimeter in Sandy Springs. Beautiful home that has been renovated very nicely.
This is not a foreclosure or a short sale but the seller is taking a big loss. He has over $1.5 million in it and we have it listed for $1,250,000. He bought it way back in 2001 for $1,285,000. Since then he has really improved the home.
It was the builders personal residence 17 years. Sumter Bradwell is a renowned high end luxury home builder in the Buckhead area.
Watch my video where I go over more details. Then … (2 comments)
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sandy springs: Atlanta Home Appraisals Coming in High - 12/17/09 04:20 PM
Most of the time appraisals will come in exactly at the contract price. It's kind of frustrating when you tell your client he got a steal and then the appraisal just comes in right at the contract price. You tell them that that is normal but it's kind of a let down.
(You can watch the video instead. I say pretty much the same thing.)
I've heard other agents having to deal with low appraisals lately. Maybe there have been a few foreclosures in the neighborhood and now the appraisers have to include them as comps. Atlanta is also considered a … (1 comments)
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sandy springs: Southern Sandy Springs Real Estate Market Stats February 2009. FMLS Area 132 - 03/28/09 08:35 PM
The Sandy Springs area inside 285 didn't have much activity in February the past two years so it's tough to really say much about the averages. There is also a very wide range of prices. The average price fluctuates a lot depending on how many $500,000 homes vs. the number of $million plus homes selling in a particular month.
This is one of the most expensive housing areas in the Atlanta area. Many small ranch homes from the 60s are being replaced with homes that are well above one million dollars. From that alone, one would expect the average price to be creeping up … (0 comments)
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sandy springs: Sandy Springs Real Estate Market Stats February 2009. FMLS Area 131 - 03/28/09 08:34 PM
The Sandy Springs area outside of 285 has seen prices and number of transactions drop over the last few months. It's tough to make too much from the graphs because the number of transactions for this area are pretty small. There is also a very wide range of prices. The average price fluctuates a lot depending on how many $300,000 homes vs. the number of $million plus homes selling in a particular month.
But it looks like prices have broken down to a range they were in between 2002-2005.
I live in this area. A home just about 10 houses down the road from … (0 comments)
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sandy springs: Atlanta Market Stats, Nice Looking Charts - 02/03/09 09:52 PM
I have worked hard taking the numbers provided by Smart Numbers Inc. who come out every month with the GA FLMS market stats and getting them into pretty charts where one can see trends over the last seven years.
These are charts for single family detached homes.
The first chart has the average price along with the volume of transactions for each month going back to 2002.
The second chart shows the total days on market along with the ratio of sales price/original list price.
The charts kind of tell their own story.
Real estate is local though. Some … (0 comments)
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sandy springs: Princeton Square Fourth of July Parade - 07/05/07 11:31 AM
I live in a small subdivision in Sandy Springs, Princeton Square. There are about 150 families, many with kids. Every 4th of July they have a little breakfast party down by the pool club followed by a parade around the neighborhood.
The kids decorate their bikes, scooters and wagons trying to win prizes in the various categories.
I don't know who is responsible, but the Sandy Springs Fire Department sends out a firetruck that leads the parade around the neighborhood.
After the parade, the firemen usually open up a hydrant and set up a huge geyser that is great fun for the kids.
Unfortunately, this … (3 comments)
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sandy springs: Sandy Springs Amphitheater. Banks and Shane Sing About the Fair Tax. Neal Boortz Just Happened to Be There. - 06/11/07 08:18 AM
Sandy Springs, a newly incorporated city just north of Atlanta, gets it's name from a little spring on a farm in the area. It is an area that is a great example of the suburban sprawl that most people talk badly about. Developers are being challenged to recreate the area and give Sandy Springs an identity, other than tacky strip shopping plazas and traffic congestion.
There are a lot of new projects going on and in the planning stages around the area. Right next to the Heritage Center, they completed an interesting project called City Walk. They took a typical Kroger shopping … (2 comments)
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sandy springs: Sign Ordinances, Many are Really Strict and Expensive - 02/14/07 09:06 AM
Honestly, how many agents take the time to look up the sign ordinances for the various communities where they stick up real estate signs? I usually look around and see what other agents are doing and figure that I'll just do the same.
Our Atlanta Board of REALTORS® has put together some nice tables that outline the various rules in the surrounding Atlanta area. I was really amazed at some of the details. I live in Sandy Springs, a recently incorporated city just outside of Atlanta, where they are fining people left and right in order to generate some much needed revenue. Just about … (0 comments)
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