Legacy Mill in Ellenwood GA --Subdivision Spotlight –
What makes the Ellenwood Georgia Legacy Mill subdivision so popular? The signature large and spacious floor plans, coupled with good proximity to everything Atlanta has to offer, are just two of the reasons. Metro Atlanta buyers flocked to buy new homes in Legacy Mill a few years ago. While there is no more standing new home inventory, resales offer great value right now.
Even this popular subdivision reflects the general slowdown of activity in the south metro Atlanta real estate market in the past year. A year-over-year market analysis of real estate activity reveals that, in general, home sales and prices have both been down in the last 12 months as compared to the year before.
The Georgia MLS reports that there are currently 5 homes for sale in Ellenwood, GA Legacy Mill subdivision, with asking prices between $114,900 and $140,000. The median asking price is about $130,000, meaning half of the current inventory is price above this price, and half is priced lower.
So, if you think you’d like to buy a house in Legacy Mill, know that the inventory is limited and sitting on the fence could see your dream home snapped up by a more
aggressive buyer. If you’d like to take a look at this featured home for sale in Ellenwood GA Legacy Mill located at 3880 Busby Mill Court, Ellenwood GA 30294, a buyer specialist on the Beat Atlanta Short Sales Team can help you.
If you have to sell your Ellenwood Georgia Legacy Mill property now, most likely you are upside down, owing more on your current mortgage than the property will bring on today’s market. If you do not want to end up bringing cash to the closing table, you might do well to consult a short sales expert from the Best Atlanta Short Sales Team.
Considering buying or selling a home in this area or subdivision? This market report is here to help you make a sound decision. The way things are currently trending, buyers can expect a very competitive market environment due to reduced inventory and sellers have little hope to see even modest gains.
For more information, or to get a free Competitive Market Analysis for your unique property, contact us today.
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