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Kirkwood Atlanta Real Estate Market Update | 1Q 2013

By Kerry Lucasse |

 

Kirkwood Atlanta Real Estate Market & Home Sales Update 

1Q 2013 Report

January 1, 2013 – March 31, 2013 (1st Quarter)

Single Family Homes in Kirkwood | Atlanta, GA | 30307

Data extracted by Kerry Lucasse from the Atlanta FMLS on 05/1/2013.  Information may change without notice and data is deemed reliable, but not guaranteed.

Home sales and prices in Kirkwood AtlantaHOME VALUES / AVERAGE SALES PRICES

The 1Q ave sales price is up almost 28% from the same time last year (impressive!). We are almost back to the home values in the first quarter of 2008 ($225K in 2013 vs $238K in 2008).

Kirkwood home sales this quarter ranged from $92,000 to $350,000.

 

HOME SALES

The number of homes sold was down from the same time last year (24 vs 34), but there are two possible explanations for the decline:

1) In 1Q of 2012, foreclosures made up a large percentage of the homes sold

2) Several homes sold BEFORE they were listed in the multiple listing system, so they are not included in this report.

 

LISTING PRICE VS FINAL SALES PRICE

Listing Price to Final Sales Price – Kirkwood had othe highest list price to sales price percentages out of all the other intown neighborhoods in our quarterly reports. Homes sold on average, at 99.2% of the asking price… almost unheard of!

Believe it or not, 46% of the Kirkwood homes sold received at least 100% of the listing price.

 

HOW LONG DOES IT TAKE TO SELL A HOME?

If you are thinking of selling your home in Kirkwood, I’m sure you want or need to know how quickly it will sell.   As you will see from the data, those sellers (and their agents!) that price the property at fair market value (or even 1 or 2% below), you should receive an strong offer in the first two weeks – possibly even multiple offers!

Kirkwood homes sold in 1/3 of the time compared to the same time last year (55 days vs 163). That’s the shortest sales time in more than 6 years!

Even though the average time to sell was 55 days, 33% sold in 15 days or less.

 

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THINKING OF SELLING YOUR HOME IN KIRKWOOD THIS YEAR?

If you would like to learn more about our Nest Atlanta home marketing and  listing services and/or get a better understanding of the current market value of your home, please don’t hesitate to call us at 404.432.1844.

Learn more about our flexible listing commission plan for Atlanta home sellersMeet our buyers! One may be the perfect fit for your home.

 

Related Information

JUST LISTED  Homes this week in Kirkwood >>

More Kirkwood real estate reports >>

Kirkwood real estate guide >>


Posted by:
   Kerry Lucasse  ::  Your Kirkwood Neighbor & Real Estate Specialist

Ian Marshall Realty ::  Nest Atlanta Real Estate Group

Call anytime @ 404.432.1844

Find Kerry Lucasse and Nest Atlanta on Google+

All information contained in this blog is deemed to be reliable but not guaranteed.   If you need real estate  assistance, the Nest Atlanta team is always available to assist you with your residential real estate needs!

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