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RIVERMOORE PARK - FIRST QUARTER 2009 vs FIRST QUARTER 2008

By Janice Slaven

Real Estate Agent with Berkshire Hathaway GA Prop

April 18, 2009 05:04 AM

First Quarter 2008

SOLD: 2

Corp Owned: 0
Foreclosure: 0
Owner Transfer: 0
Lease Purchase: 1
No Special Circumstances: 1

AVERAGE DOM: 44

High Sold Price: $483K
Low Sold Pirce: $438K

List to Sale Price: 96%
Seller Finance Concessions: $135

First Quarter 2009

SOLD: 0

Corp Owned: 0
Foreclosure: 0
Owner Transfer: 0
Lease Purchase: 0
No Special Circumstances: 0

CURRENT ACTIVES: 33
Price Range: $399K-$898,884

Corp Owned: 1
Foreclosure: 1
Owner Transfer: 5
No Special Circumstances: 25

OVERVIEW

Atlanta first quarter sales historically are low when compared to the rest of the year. Additionally, the current Atlanta real estate market is considered a "declining" market. This will have an effect on property values as we continue to move through the down turn. However, this should NOT deter you from selling if the time is right for you. With historically low interest rates (4.25% forCconventional), and the ability to make up the loss of value on your sale when you purchase, there is no better time than now to sell and move to the home you have always wanted....whether it is downsizing or moving up.

For more detailed market information:
http://vidego.multicastmedia.com/player.php?p=v2k26z0

For more Rivermoore Park sales history:
http://www.janiceslaven.prudentialgeorgia.com/janice-slaven-real-estate-blog-and-market-reports.aspx

Come to my house:
MySuwaneeHome.com