Candler Park Real Estate Report for 2Q 2012
We love that Atlanta real estate isn’t as scary as it was just a few years ago. Home sales in many of the Intown Atlanta neighborhood are improving and it is taking less time to sell, homes are selling over or close to the listing price and we are seeing modest increases in property values in some of the most popular and sought-after neighborhoods.
Now that the sales results for 3rd quarter (July—Sept) are in, things are definitely improving, especially in Candler Park. When looking back over the last five years (during the same timeframe), more homes are selling and average home sales price is at its highest since 2008.
The average sales price in 3rd quarter of this year was $443,941…. up 9.2% from 3Q 2011 and up a whooping 22.3% from 3Q 2010.
Not only are the average home sale prices on the rise, the number of homes sold last quarter is up by 53% from the same time last year—and the highest in four years!
Homes sold at 93.8% of the original listing price on average, but the median is closer to 97%. The average time to sell a home is similar to last year, but there were a handful of homes on the market for over 200 days that impacted the averages. More and more homes receive multiple offers and sell very quickly — 43% went under contract after only 15 days!
For more information about Atlanta’s Candler Park neighborhood, check out our new neighborhood website, inCandlerPark.com.
Thinking of selling your home in Candler Park or Lake Claire?
Kerry Lucasse and the Nest Atlanta team at Ian Marshall Realty specialize in the Inman Park, Candler Park, Oakhurst, Morningside and Lake Claire neighborhoods and would be honored to help you market and SELL your home.
We will put our tech-savvy marketing expertise to work so that your home will receive the maximum exposure online. With 94% of the buyers searching for homes online, it is critical that you work with a Dekalb County real estate agent who knows how to utilize social media, local blogs, listing syndication and even Craigslist!
Kerry and her team also hire a professional photographer, certified staging consultant, and a graphic designer to create all the marketing materials (home brochures, postcards) to make your home stand out from the crowd. We’re committed to get your home sold at top dollar…. no matter what kind of real estate market we are in. Call Kerry for more information or schedule your free home marketing analysis.
Kerry Lucasse | Home Marketing Specialist | Nest Atlanta Real Estate Group | 404.432.1844
The Nest Atlanta team is part of Ian Marshall Realty – Intown | 404.281.6350