The New City of
Luxury Estates Market Report March 2017
Higher end homes are moving slowly in the South Fulton area as prospective buyers still face challenges getting loans closed and selling their current homes. In addition, oftentimes homes in the higher price ranges take longer than others to sell. Nonetheless, there is currently a fantastic selection of South Fulton high end homes on the market to choose from — 16 luxury level homes within the boundaries of the new city of South Fulton. Priced at $600,000 and higher, these homes are located primarily in the Cascade, Sandtown, Welcome All, Red Oak and Camp Creek Pkwy areas within zip codes 30311, 30331 and 30349.
There are homes for sale in South Fulton with master on the main, finished basement, 3+ car garages, theater space, fitness space, home office, 2nd kitchens, some with pools, spiral staircases, privacy, acreage, with or without homeowners associations, multiple levels, quality construction, exquisite architecture and unique design.
Here is the latest Home Market Report for High End Luxury Homes in the new city of South Fulton (3rd week of March 2017):
There are 16 higher end detached single family homes currently on the market for sale. These range from $609,900 for a resale with 5+ bedrooms and 4700+ square feet of living space on a half acre lot, to $12,500,000 for an elaborate exclusive new construction palatial English Manor estate with 9 bedrooms 9 full bathrooms 5 half baths, carriage house and 26,000 square feet of living space on 16 acres.
There are 3 luxury properties pending or under contract in South Fulton ranging from a list price of $650,000 to $1.3 million.
During the past 12 months, 7 high end properties were listed for sale in South Fulton, but were withdrawn from the market without being sold. These homes were priced between $625,000 and $1.4 million.
4 luxury properties were on the market for sale in South Fulton, but their listing period expired without the property selling. These properties were priced from $695,000 to $12.5 million.
8 upscale homes were sold and closed in South Fulton during the past 12 months, and their sold prices ranged from $619,000 (unfinished new construction) to $700,000 (resale).
South Fulton luxury properties sold at an average 98% of list price and spent an average 70 days on the market prior to selling. For most of these transactions, sellers paid less than $1,000 in closing costs.
If you are considering a high end property purchase in the new city of South Fulton, you may search available homes in the 30311, 30331 and 30349 zip codes by clicking on the following link.
If you see a luxury estate in South Fulton you would like to view, call 404-606-9921 to schedule a viewing appointment and to get free step-by-step buyers’ guidance.
If you own a luxury house in South Fulton and you are ready to sell, contact Cheryl Dukes at SOLD@CherylDukesRealEstate.com for selling guidance and expert service getting your house on the market and SOLD. You may also click on the link below to get a free estimate of your current property value.