Druid Hills-Atlanta Real Estate Market Conditions & Reports, Druid Hills-Atlanta Market Trends, Georgia

Market Commentary Provided by Jo Kenney
If you can qualify, now is an exceptional time to buy a home in Druid Hills-Atlanta. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 404-909-9112

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Jo Kenney
Keller Williams Realty Metro Atlanta
Atlanta, Georgia
404-909-9112
Jo@JoKenney.com
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Nearest Metro Area

Atlanta

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$850,000 - View Graph Trend

Best Selling Price Range

$700,000 - $749,000

Worst Selling Price Range

$1,000,000+

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Multiple Offers Commentary

Homes that are priced correctly and show well are potentially most likely to receive multiple offers.

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Druid Hills-Atlanta is

Increasing

Seller Activity for the past 90 days in Druid Hills-Atlanta is

No Change

Is Financing Available For Qualified Buyers in Druid Hills-Atlanta?

Yes

Existing Home Prices for the past 90 days are

Decreasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

5-10%

Housing Hot Spots

Atlanta is a city of many neighborhoods, and they all have their own character and attractive features. In the Druid Hills area, which is contingent to Emory University, The Centers for Disease Control, there is easy access to downtown and Midtown, and a good quality of life supported by fine schools, many parks, shopping, restaurants and entertainment.

Reason to Buy/Sell

Lower prices with good selection and competitive interest rates creates a perfect time to buy in Druid Hills-Atlanta!

Average Sold Price

$850,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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