RECENT POSTS

CATEGORIES

TAGS

ARCHIVES

Candler Park Real Estate Market Update – 2011 in Review

By Kerry Lucasse |

Atlanta Real Estate Market2011 Candler Park Atlanta Real Estate Market & Home Sales Report Report  

Candler Park | Atlanta, GA | 30307 |  Data extracted from Atlanta FMLS on 01/13/2012

Single Family Homes Sales in Candler Park

We are thrilled to report that 2011 was a good year for real estate sales in Candler Park!  The number of homes sold in 2011 increased by over 20% from 2010 (44 versus 35 sold) and the average home sales price also had a modest increase of 4.3% ($417, 158 in 2011 versus $399,300 in 2010).

As you’ll see in the charts below, the average sales price appears to be on the way UP!    If the home values climb again in 2012, hopefully we can say that the worst is over and 2010 was the “bottom of the market” in this Atlanta neighborhood.

Realtors in Candler Park atlanta Nest Atlanta Real Estate Group, Candler Park Atlanta

 Days on Market

(i.e. How long does it take to sell a home in Candler Park?)

Homes took almost 14% longer to sell in 2011 (vs 2010), but this is quite common when home values are fluctuating monthly and potential home sellers are uncertain about the true market value of their home.

  2007 2008 2009 2010 2011
Ave. Days on Market 61 42 101 76 88

If your home is priced at the fair market value, you can expect that it will sell between 97% and 103% of the listing price… and your home will almost always sell in less than 45 days.

 

Thinking of moving to Candler Park?

See what was just listed in Candler Park!  Get the latest list of  of Candler Park homes for sale >>

 

More about the Candler Park neighborhood

Candler Park is one of the hottest neighborhoods in Atlanta — and definitely one of our favorites!  It is centrally located between Inman Park, Little Five Points, Emory and Druid Hills, offers easy access to the interstate (Freedom Parkway), has some fantastic neighborhood restaurants and pubs, offers lots of greenspace, more than a dozen annual festivals and events, stunning turn of the century homes, the list goes on and on (and on!).   Learn more about the Candler Park and Little Five Points neighborhoods.

Atlanta Real Estate News & Events

This entry was posted in Atlanta Neighborhoods, Candler Park, Candler Park, Real Estate Market Stats and tagged , , .

Bookmark the permalink. Follow any comments here with the RSS feed for this post.

Both comments and trackbacks are currently closed.