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South Fulton Real Estate - East Point 30344 - Checking the Numbers

By
Real Estate Broker/Owner with The Jordon Wheeler Group GA License# 264359

South Fulton Real Estate - East Point 30344 - Checking the Numbers - Closed Sales

While the overall year to date numbers for East Point 30344 reflect a slow down in the market, the most recent three months - August, September, and October - all show improvement in the number of closed sales in East Point 30344. In August, there was a 36% improvement in the number of closed sales in East Point 30344 for year over year performance.  September showed a modest increase of 7.1% while October produced a 20% increased for closed sales in East Point 30344.  This recent trend is significant in that it is a positive indicator of an improving real estate market in East Point 30344.

When looking at the average sales price of the homes sold in East Point 30344, the numbers are not as positive and the reflect the high level of foreclosure sales and short sales at significantly discounted prices.  East Point 30344 continues to be a robust market with lots of investor activity in terms of renovating properties and getting them back on the market within about 60 days.  The average home price in East Point 30349 is less than $50,000, meaning bargains galore for the savvy home shopper or investor.

 

East Point - Stats - Closed Sales

NOTE:  This information is generating from the Georgia MLS.  It is deemed reliable but not guaranteed.

 

 

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Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

Jordon, thank you for sharing such a great presentation of your local market information. Love seeing how other areas of the country are faring these days. Cheers!


Nov 29, 2010 07:37 PM