Here is the recap for December Smyrna Vinings home sales. The Smyrna Vinings home market continues it's improvement and has proven to be a lot more resilient than a lot of areas around metro Atlanta. Let's get started and show you about the local Smyrna Vinings home market.
This chart shows you the past 12 months of home sales at any given point. As you'll notice, the green bar is 2007 and we were selling a fair amount more homes in 2007. Sales dropped in 2008, with the drop becoming more pronounced toward the last quarter of 2008. That would be the beginning of the financial meltdown. 2009 home sales started off about 32% off the level just two years previously in January 2007.
We saw Smyrna Vinings home sales continue to drop in 2009, but then leveling off in late summer and actually seeing sales pick up toward the end of the year. Typically, you expect sales to be higher in the late Spring and early Summer, but that hasn't been the case in 2007-2009. The late surge in 2009 was due largely to first-time homebuyer incentives.
Finally, in 2010, we're starting to see a bit more of a traditional market with sales increasing late Spring to early Summer and then leveling off a bit. The other point to take away from this chart is that a lot of Smyrna Vinings homes are still selling. There is some concern as home sales have dropped quite a bit from August and are trending to a lower December sales.
Click here to read more about the December Smyrna Vinings home market.
Don't hesitate to contact us if we can help you sell your Smyrna Vinings home or find your new Smyrna Vinings home. Click here if you'd like to know what your Smyrna Vinings homes is worth.
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