Kirkwood Atlanta Real Estate Market Report – Market Statistics for 1Q 2010
Wednesday, May 26th, 2010Kirkwood 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).
| 1st Quarter of…. | 2008 | 2009 | 2010 |
| Homes Sold | 23 | 24 | 17 |
| Average Sale Price | $238,665 | $209,882 | $181,361 |
| List to Sales Price % | 95.8% | 93.5% | 96.1% |
| Days on Market | 67 | 64 | 142 |


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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