Morningside recent sales: $1,762,500 median over three months
Morningside logged 117 sales over 12 months at a $1,400,000 median, and 30 in the last three months at $1,762,500, in the official FMLS run through October.
By Jeff Crowe
Published · Updated
ATLANTA Recent sales in Morningside (Atlanta) closed at a median well above the neighborhood's 12-month norm. The 30 homes sold in the three months through October had a median of $1,762,500, against $1,400,000 across 12 months.
The 12-month median was $1,400,000, flat 0.0% from the prior 12 months, across 117 sales.
“Morningside's October median looks big, but it's only 9 sales. The 12-month median of $1,400,000 across 117 sales is flat on the year, and that's the number I'd quote.”
Over the year, the median home sold for 98.4% of its final list price, and 53.8% of sales closed below list.
Median time on market was 15.5 days, against 8 days the year before.
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, 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.