Park Creek in Alpharetta 30005 - Market Report - 2014 vs 2013

Park Creek in Alpharetta 30005 - Market Report - 2014 vs 2013 as of August 2014

Park Creek continues to see good growth in the price of homes sold this year especially when compared to 2013.  Low interest rates, excellent schools and a highly desirable living area are a few of the factors that make Park Creek a great choice for buyers.  And the location is less than two miles from GA 400.

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Facts about the 2014 Park Creek real estate market are:

1. Six homes sold this year for an average price of $353,475
2. Average Days on Market are 29 thus far with most less than 15 days
3. Homes are selling at an average of 98% of the List Price
4. The highest sale this year has been $425,000 for the home at 380 Park Creek Drive.  This home has one of the largest floor plans in the neighborhood and has a full finished basement.
5. The lowest sale this year has been $280,000 for the home at 105 Park Creek Drive.  This home has one of the smaller floor plans in the neighborhood and sits on a slab.

In comparison, the 2013 Park Creek real estate market are:

1. Six homes sold for an average price of $271,911
2. Average Days on Market were 90 days
3. Homes sold at an average of 92% of List Price
4. The highest sale in 2013 was $321,000 at 345 Park Creek Drive
5. The lowest sale in 2013 was $203,555 at 105 Park Creek Drive.

Note the dramatic changes in all of the factors from 2013 to 2014.  We like to see real estate markets heading in this direction.  

Currently there is one home available for sale in Park Creek.  This home has one of the largest floor plans in the neighborhood.  It sits on a corner lot in a cul de sac at the entrance of Park Creek.  Five bedrooms and four full bathrooms and a finished basement with thre additional bedrooms.  The home is located at 100 Park Creek Drive and is priced at $430,000.  The seller is very motivated and will review ALL offers.

For more information about buying and selling in Park Creek, please call us at 404 907 1646 or email us.

NOTE: All information is deemed reliable but not guaranteed.