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Virginia Highland Real Estate Sales Stats | 2013 Full Year Report

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Real Estate Agent with eXp Realty - Urban Nest Real Estate Group GA# 305421

Virginia Highland Real Estate Sales Stats for 2013

Virginia Highland real estate sales statesVirginia Highlands is one of Atlanta's most highly sought-after "intown" neighborhoods and was one of the first to start showing signs of the recovery of the real estate market.  As you will see in the report below, 2013 was a monumental year for Virginia Highlands real estate sales and home values.  If you would like to learn more about the Virginia Highland area and see the latest real estate for sale, visit our VAHI Real Estate Guide.

 

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2013 Real Estate Sales Statistics for Virginia Highlands

January 1, 2013 – December 31, 2013 (Full Year)

Single Family Homes in Virginia Highlands | Atlanta, GA | 30306

Data extracted by Kerry Lucasse from the FMLS on 01/12/2014.  Information may change without notice and data is deemed reliable, but not guaranteed.

 

Full Price Home Sales

21% of the Virginia Highland homes sold for 100% or higher than the asking price.

 

Home values in VIrginia Highland AtlantaTime to Sell a Home

Over 40% of the homes sold in 15 days or less!  Single-family homes in Virginia Highlands sold in 56 days on average, which is 35% faster than the previous year.  

 

Home Prices/Values

As you'll see in the chart, the average home sales price shot way up compared to previous years.  The average price was $641,397 -- up $90,000 from 2012.  

 

The average sales price is up over 25% from the bottom of the market (2010) -- Almost $140,000.

 

The average home price is now about $10K over what is was in 2008, so we are well on our way back to the peak of the market!

 

 

Virginia Highland real estate sales statsFinal Home Sales Price

Homes sold on average, at 96% of the asking price. This is the highest its been in more than 6 years!  21% of the Virginia Highland homes sold at or over the listing price in 2013.

 

 

VAHI Homes Sold

124 homes sold in Virginia Highlands in 2013 - similar to 2012, but up more than 20% from 2008.

 

 

  

If you have questions about the real estate in Virginia Highland or Morningside or if you are curious about the value of your property, we always offer a complimentary home valuation report -- no strings attached.  You can also call Kerry Lucasse and the Urban Nest team at eXp Realty anytime at 404.432.1844.  We are here to help!

  

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Posted by:
  
Kerry Lucasse  ::  eXp Realty ::  Urban Nest Atlanta Real Estate Group

Call anytime @ 404.432.1844

Urban Nest Atlanta Real Estate Group - eXp Realty GA

  

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In & Around Atlanta Real Estate Blog - Copyright 2006 - 2020 by Kerry Lucasse and the Urbanest Real Estate Group with eXp Realty LLC in Atlanta, GA.  All information contained in this blog is deemed to be reliable but not guaranteed.   If you need assistance with Intown Atlanta real estate, Kerry Lucasse and her team are always available to assist you with your residential real estate needs!

Urban Nest Office :: 508 Flat Shoals Ave ::  Atlanta, GA 30316  :: 404-205-8800

eXp Realty Office :: 1230 Peachtree St :: Atlanta, GA 30309 ::  888.959.9461 x119

Real Estate News & Local Events

David Saks
Memphis, TN
Broker / Industry Analyst

Thanks for sharing a fine report. Hope you're having a terrific week.

Jan 28, 2014 04:19 PM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good morning Kerry,  I stopped by to thank your for commenting on my blog and to see what you were up to.  Very nice Post.  Looks like you have the Atlanta area well in hand.  Enjoy your day.

Jan 28, 2014 09:26 PM
Kerry Lucasse
eXp Realty - Urban Nest Real Estate Group - Atlanta, GA
Your Urban Nest Atlanta Real Estate Consultant

Thanks so much for stopping by, Larry!  The Atlanta real estate market - especially the Virginia Highlands neighborhood - has been keeping us busy!

Jan 28, 2014 11:11 PM
Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

Sounds like a hot market to work, good for you!

Jan 31, 2014 10:59 AM