August 2010 Buckhead Home Sales Report
Below are the statistics I have compiled for Buckhead Home Sales in
August 2010. These numbers reflect single-family detached homes sold in
area 21. You can also view the "Buckhead Home Sales Reports" tab above
to see historical data for Buckhead.
Closed Sales in Buckhead
Homes Sold in August -48 (down from 70 in July)
Average List Price - $745,357 (down from $961,569 in July)
Average Sales Price - $687,622 (down from $877,452 in July)
Average Sales Price/List Price Ratio - 88.7% (down from 91.2% in July)
Average Days on Market - 104 Days (up from 85 days in July)
Note:
22% of the homes that sold in August closed within 30 days of being
listed. Those same homes captured 96.5% of their list price compared
to the total market average of 88.7%. That is a $58,000 difference if
your home was the average list price of $745,357. I always say this,
but make sure your home is priced right the first time. Selling in 30
days for 96.5% of list price will net you more money at the right price
than selling it at the wrong price in 104 days at 88.7% of list price.
Interested in a custom report with detailed statistics for your
neighborhood? Contact me and I would be happy to provide that for you. Contact Me
Looking for Buckhead Real Estate?
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for sale in these Buckhead neighborhoods: