Jeff Crowe CRE News

Georgia home sales news from the official monthly FMLS run

Residential

Soleil Belmont Park homes now take 18 days to sell, against 8 a year earlier

Soleil Belmont Park logged 64 sales over 12 months at a $801,720 median, and 24 in the last three months at $834,410, in the official FMLS run through October.

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Homes in Soleil Belmont Park (Canton) are taking longer to sell. The median home that closed in the 12 months through October spent 18 days on the market, against 8 days in the 12 months before.

The 12-month median was $801,720, up 4.1% from the prior 12 months, across 64 sales.

“Soleil Belmont Park had 13 closings in October at a $825,000 median, and only 12.5% of sales over the year followed a price cut. That's a steady, well-priced community.”

Jeff Crowe, publisher and market reporter, Jeff Crowe CRE

Over the year, the median home sold for 100.0% of its final list price, and 40.6% 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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