Sandy Springs Market Report | Sandy Springs Home Sales December 2007

Sandy Springs market report December 2007.  sold.  The new statistics have just been released for Sandy Springs homes sales this week.   To skip the MLS jargon of the report... (some entries are placed as Atlanta rather than Sandy Springs) I broke down the numbers to just Sandy Springs area 131 listed as the city as opposed to MLS areas that are harder to understand.  For the Month of November 2007 there were only 18 Single Family Sandy Springs Home Sales

Sandy Springs November 2007 Comparison 

  • November 2007 18 Sales Single Family Homes Average Sales price $ 585,836 Day to Sell 52
  • November 2006 13 Sales Single Family Homes Average Sales price $ 548,380 Days to Sell 59
  • November 2005 17 Sales Single Family Homes Average Sales price $ 583,055 Days to Sell  59

Active - 255 Properties Found

This trend shows deterioration in our market of sales, increased marketing time, 14.1 Months of Inventory. This does not reflect increased sellers contributions towards closing costs, and repeat time on market.

Dunwoody Town Homes / Town Home Sales November 2007 Comparison 

  • November 2007 Sold - 13 Sales Condo / Town Homes Average Sales price $ 161,312 Days to Sell 56
  • November 2006 Sold - 29 Sales Condo / Town Homes Average Sales price $ 141,989 Days to Sell 99
  • November 2005 Sold - 32 Sales Condo / Town Homes Average Sales price $ 136,412 Days to Sell 75


 Active - 396 Properties Found.  This translates to a 30.4 months of inventory.

Jim Crawford

 

 

 

 

Subscribe To Our Atlanta Real Estate Blog in a reader

Subscribe Now!

...with web-based news readers. Click your choice below:

addtomyyahoo4Subscribe in NewsGator OnlineAdd to My AOLSubscribe in RojoSubscribe with BloglinesAdd to netvibesAdd to GoogleOutpost

 
 

2 Comments on Sandy Springs Market Report | Sandy Springs Home Sales December 2007

Actually Jim.  This doesn't look so bad. 

When I do SOLD stats for my area, it shows only 1/2 to 1/3 the numbers of homes sold compared to 2005.

Our prices aren't that much lower the the number of homes sold is dramatically down. 

12/26/2007 10:41 AM by Lenn Harley, Homefinders.com, MD & VA Real Estate


Homefinders, Real Estate in MD & VA, Lenn Harley, Broker, New & Resale Homes Hey Lenn, actually they are much worse.  I am only showing cities within a select MLS area.  Listing Inventory can increase twice that of city.

12/26/2007 02:06 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)
Jim Crawford ~ Atlanta Real Estate-ABR E-PRO
Atlanta, GA
More about me…
RE/MAX Greater Atlanta

Office Phone: (770) 238-0122
Cell Phone: (770) 664-9516
Email Me
Atlanta real estate broker associate, real estate columnist for www.RealtyTimes.com, real estate speaker. Real estate marketing, Internet marketing for real estate, real estate coaching

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find GA real estate agents and Atlanta real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved