Kirkwood Atlanta Real Estate Market Statistics - Homes for Sale in Kirkwood

Kirkwood Atlanta Home Sales

GOOD NEWS!  The number of Kirkwood homes sold in the 2nd Quarter (April – June) are significantly UP from previous years and have more than doubled from earlier this year. 

The average home sales price ($228K)  in 2Q did decline from the previous years, but it was a great improvement from 1Q 2010 – up by almost $50,000. 

To sum up 2Q 2010:

• The number of homes sold is up about 25% from 2Q 2009
• Average sale price is slightly down from 2009 ($232K vs $228K)
• It is taking longer to sell a home (101 days on average) than it did this time last year
• This quarter was a big, big improvement from 1Q 2010 (Jan – March)

Major contributors to increase in 2Q 2010 home sales would be the historically low interest rates and tax incentives for first time home buyers.    

If you have questions about the data above and/or if you would like to better understand the value of your home, please don’t hesitate to call Kerry Lucasse at (404) 432.1844.

View ALL the homes for sale in Kirkwood at:

MORE KIRKWOOD REAL ESTATE REPORTS:

 >> View the 1Q 2010 Kirkwood Real Estate Market Report <<

>> View the full 2009 Kirkwood Atlanta Real Estate Market Stats & Home Sales Report <<

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 Thanks for stopping by our Intown Atlanta Real Estate Blog!

Posted by:  Kerry Lucasse – Atlanta GA Real Estate Agent – Atlanta Home Search Team
The ATL Home Search Team is part of Keller Williams Realty, specializing in Intown Atlanta real estate including Grant Park, Kirkwood, Oakhurst, and East Atlanta neighborhoods.

CALL ANYTIME -  404.432.1844

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Kirkwood Atlanta Real Estate Market Statistics – View ALL the homes for sale in Kirkwood

Unfortunately, the first quarter of 2010 did not start out on a high note – on a national level and in our Kirkwood neighborhood.  Even with the historically low interest rates and tax incentives for repeat and first time home buyers, the Kirkwood Atlanta home sales were down almost 30% compared to the first quarters of 2008 and 2009. 

Why?  Experts are blaming the sales decline on Mother Nature.  With the poor weather conditions in January and February and the increased number of foreclosures and short sales, homes took 142 days to sell in 1st quarter (compared to 64 days in 2009).

THE GOOD NEWS…

In the first week of April, there were already 14 homes under contract in Kirkwood.  Things are definitely looking up for the 2nd Quarter of 2010!

If have questions about the information above and/or if you’re curious about the value of your home, I would be happy to provide a “no-strings attached” market analysis.    Call anytime at 404.432.1844.

In the meantime, you can view all of the homes for sale in Atlanta’s popular Kirkwood neighborhood…

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 Thank you for visiting our Atlanta Real Estate Blog!

Posted by:  Kerry Lucasse – Atlanta GA Real Estate Agent – Atlanta Home Search Team
The ATL Home Search Team is part of Keller Williams Realty, specializing in Kirkwood real estate.

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Atlanta Home Selling Advice  – Pricing & Selling your Atlanta home for top dollar

If you are thinking of selling your Atlanta or Decatur home this Spring, it is more important that ever to do your homework PRIOR to pricing and listing your home.

Pricing your home correctly the FIRST time can not only get your home sold faster, it can save you thousands.  As of 3Q09, homes that price their home correctly (and didn’t have to reduce), sold their home in 27 days.

Yes,  even in this crazy real estate market, you CAN sell your home in 30 days or less!

As you’ll see in the first chart below, those Atlanta home sellers that had to reduce the price one or more times, they were on the market for 256 days… that’s almost 10 times longer.

If you think you have the patience to wait 256 days to sell your home, consider your pocketbook.  

The  sellers that priced the home correctly the first time, sold their home for 96.8% of the their listing price. 

For those sellers that wanted to “test the market” and start with a higher listing price, they ended up selling their home for 75.7% of the original list price.  

On a $300,000 home, that is a difference of more than $60,000.

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So how do you make sure that you price it correctly the FIRST time?  I would recommend the following:

1)  Interview three local Atlanta real estate agents

2)  Ask them to walk you through the neighborhood sales from the last 3 MONTHS.  The market is constantly changing, so a home that sold a year ago in your neighborhood is no longer a true comparable

3)  Understand your current competition – ask the real estate agent(s) to show you the other homes that are for sale in your neighborhood so you have a clear understanding of how your home stacks up 

4)  Get the agents honest feedback on your home’s value.  If you receive three separate opinions, you should be able to determine the fair market value for your home… and GET IT SOLD!

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 Thank you for visiting our Atlanta Real Estate Blog

Posted by:  Kerry Lucasse – Atlanta GA Real Estate Agent – Atlanta Home Search Team
The ATL Home Search Team is part of Keller Williams Realty,
specializing in Intown Atlanta and Decatur Real Estate, Foreclosures and Bungalows & Historic Homes

CALL US ANYTIME AT 404.432.1844

SEE MY CLIENT FEEDBACK AT:  http://www.KUDZU.com/merchant/1106107.html

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The National Association of REALTORS  just announced that in July home sales are UP 7.2% – the largest monthly increase in at least 10 years.  Experts say this is primarily due to all of the first time home buyers rushing out to purchase their first home and take advantage of the $8000 tax credit that expires on November 30, 2009.

>>  Read the article from Yahoo Finance – “July Home Sales Surge”

>>  Read the article from MSNBC –”Home Sales Soar 7.2 percent”

 If you are a potential first time home buyer in Atlanta and are still on the fence, please do not miss this fantastic opportunity.  In addtion to the Federal Tax Credit of $8000, the interest rates are still fantastic. 

PLEASE NOTE:  If you want to take advantage of the tax credit, there are only 97 days left!  Typically it takes 30 to 40 days to purchase the home once you are under contract, so you really only have about 60 days to find your dream home.

If you have ANY questions about the home buying process in Atlanta or Decatur, call the Atlanta Home Search Team anytime at 404.432.1844.  About 70% of the buyers we are working with are “first-timers” and we would love to help you find your first place.

Thank you for visiting our Atlanta Real Estate Blog! 

Kerry Lucasse – Atlanta GA Real Estate Agent – Atlanta Home Search Team
The ATL Home Search Team is part of Keller Williams Realty,
specializing in Intown Atlanta Real Estate, Condos, Lofts and Historic Homes

If you are thinking of Buying a Home, Condo or Loft, call us anytime at 404.432.1844.

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