Jeff Crowe CRE News

Georgia home sales news from the official monthly FMLS run

Residential

East Atlanta Village homes now take 19 days to sell, against 7 a year earlier

East Atlanta Village logged 38 sales over 12 months at a $647,500 median, and 12 in the last three months at $547,500, in the official FMLS run through October.

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Homes in East Atlanta Village (Atlanta) are taking longer to sell. The median home that closed in the 12 months through October spent 19 days on the market, against 7 days in the 12 months before.

The 12-month median was $647,500, up 4.7% from the prior 12 months, across 38 sales.

“East Atlanta Village had 38 sales over the past 12 months at a $647,500 median, up 4.7%. With only a few sales a month, the full year is the number that matters.”

Jeff Crowe, publisher and market reporter, Jeff Crowe CRE

Over the year, the median home sold for 99.7% of its final list price, and 39.5% of sales closed below list.

Single months are too thin to read in a neighborhood this size, so this note uses 12-month and three-month windows only.

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Jeff Crowe

Jeff Crowe, publisher and market reporter

Jeff Crowe writes about Georgia home sales from the official monthly FMLS run. Jeff is a licensed real estate agent with CENTURY 21 The Avenues, a full-service local brokerage in Calhoun, Ga.

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