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Homes for Sale and Market Data for 30316

By Kerry Lucasse |

Homes for Sale and Market Data for 30316

East Atlanta 30316 Real Estate Update || Last 90 Days (March 8 to June 8, 2013)

 

Homes sales in 30316

Homes that sold in the last 3 months average just 51 days on the market, but one took up to 447 days.   The fastest home sold was just 2 days.  Of the 63 single-family homes in the East Atlanta / 30316 area that sold in the last 3 months, 15 sold for OVER their listing price, 39 got less than the listing price, and 9 homes sold at the listing price.

The single-family homes in Atlanta’s 30316 zip code that are currently on the market range in price from $29,000 to $559,500, with a median listing price of $210,000. To compare, houses are selling in a range of $27,840 to $450,000 with a median selling price of $183,300.

In the last 90 days, 63 homes sold and 96 are currently on the market. Plus, 156 new listings came on the market. This means there is 4.6 months of inventory in the East Atlanta real estate market today. A balanced market is defined as having 5 – 7 months of inventory, so Atlanta’s 30316 zip code is officially in a seller’s market!

 

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Single family home sales data for the 30316 real estate market update compiled by Kerry Lucasse from the Atlanta First Multiple Listing System (FMLS) and MarketSnapshot.   Information deemed reliable, but not guaranteed.  

 

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