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Sandy Springs Market Report | Sandy Springs Home Sales December 2007

By
Real Estate Agent with Long & Foster 0225078705

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

 

 

 

 

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Posted by

James Crawford Broker Associate

Long & Foster Fredericksburg Virginia

678-595-5286 Direct

 

Fredericksburg VA Real Estate Agents, Spotsylvania County Homes for Sale, Spotsylvania County VA Homes, Stafford County VA Homes, and City of Fredericksburg VA – Luxury Homes, Lots, Land, and New Home Construction. Buying or Selling Call Me!  

 

Long and Foster Fredericksburg VA

Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

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. 

Dec 26, 2007 02:41 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
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.
Dec 26, 2007 06:06 AM