Fayetteville Real Estate Market Report - Fayette, Georgia
Fayetteville, Georgia - Fayette
| Market Commentary Provided by Tonya Anderson 1700 listings on the market... BUYERS MARKET!! |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Tonya Anderson
Keller Williams Realty South Fayetteville, Georgia 678-231-1613 tonyaanderson@kw.com Agent Home Page  |
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| Nearest Metro Area | Atlanta | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $250,000 - View Graph Trend | ||||
| Best Selling Price Range | $150,000 - $199,000 | ||||
| Worst Selling Price Range | $750,000 - $799,000 | ||||
| Compared to Last Year | Down 5-10% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Fayetteville is | Increasing | ||||
| Seller Activity for the past 90 days in Fayetteville is | Increasing | ||||
| Is Financing Available For Qualified Buyers in Fayetteville? | Yes | ||||
| Comments on Financing For Qualified Buyers | Yes... Call for details..tax credits and great incentives for buyers. | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% | ||||
| Housing Hot Spots | HiGrove, Whitewater, Creek Edgewood, Horseman's Run, Jackson Estates, Goza Woods | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $250,000 - 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. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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