In & Around Kirkwood - Atlanta, GA

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How Long Does It Take to Sell a Home in Atlanta?

How long will it take to sell a home in Atlanta GA?

It is usually one of the first questions Atlanta home sellers ask their Realtor before listing their home... and it's completely understandable!  I don't know many homeowners who enjoy buyers and agents coming through their home for weeks or months on end.  In previous years, it was often difficult to gauge how long it would take to sell a home in Atlanta, but after reviewing recent home sales data, many Atlanta neighborhoods are selling homes in RECORD TIME!


How long will it take to sell a home in Atlanta

 

So how long it really takes to sell a house in Atlanta's most popular neighborhoods?

The numbers in the chart can often be a bit misleading, so here is a quick breakdown of the time frame to sell a house in six popular Atlanta neighborhoods:

Morningside Atlanta real estateMORNINGSIDE Atlanta homes sold in 56 days on average in 3rd quarter of 2012.

That's 35% faster, as compared to the same time last year AND 2008.  37% of the homes sold were under contract in less than a month and 15.5% only took ONE WEEK to sell.

See the Morningside Atlanta Real Estate Report   ||   Search homes for sale in Morningside

 

Virginia Highland Real Estate Atlanta VIRGINIA HIGHLAND homes sold  in 61 days on average in 3Q 2012

HALF THE TIME it took to sell a home at the same time last year.  28% of all the houses sold in the first week!

See the full Virginia Highland Real Estate Market Report   ||   Search homes for sale in Virginia Highlands

 

CANDLER PARK homes are selling in 89 days on average.

Although declining, this time frame is a bit misleading, because the Candler Park real estate market is on fire!   Believe it or not, 43% of the homes for sale in Candler Park were under contract in 15 DAYS!   

View the full Home Sales Report for Candler Park   ||   Candler Park Real Estate for Sale

 

Realtors in Oakhurst Decatur GAOAKHURST houses only took 56 days to sell on average in 3Q 2012

Like Virginia Highland, this was about HALF THE TIME it took to sell a home at the same time last year. A large percentage of the Oakhurst homes were only on the market for 7 days or less.  This popular City of Decatur neighborhood is experiencing the shortest of time on the market in over five years!

Full Oakhurst GA Real Estate Market Update  ||   Search homes for sale in Oakhurst GA

 

 

EAST ATLANTA homes are taking 87 days to sell (3Q 2012)

The good news is that the average time to sell a home in this affordable, hip Atlanta neighborhood dropped by almost 20% from last year and is the shortest time frame in more than YEARS!  Over 30% of the homes sold in less than 2 weeks  and close to 50% of the East Atlanta / Ormewood Park area homes sold in less than a month.

See the full East Atlanta Real Estate Market Report   ||   Search homes for sale in East Atlanta

 

Historic Grant Park AtlantaGRANT PARK houses took an average of 110 days to sell 

The time it takes to sell a home in Grant Park is declining, just 110 days on average.  The average is a bit misleading, as over 28% of the homes sold in less than a week and it only took a month to sell 50%  of all the Grant Park homes.

View the Grant Park Home Sales Report for 3Q 2012  ||   Homes in Grant Park Atlanta

 

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Sell my Atlanta home quicklyHOW TO SELL YOUR ATLANTA HOME QUICKLY

Even though Atlanta homes are selling faster than that have in several years, you still have to have a strategy in place to make sure that your home is in good condition, is staged well, and is priced at fair market value.  There are also several other things you can do to with your real estate agent to ensure that your home gets the most visibility online and with local agents... before it is even listed in the multiple listing system (MLS).

If you would like a better understanding of the time to sell a home in your area or if you would like to learn how the Nest Atlanta team markets your home to sell quickly and for top dollar (often with bidding wars), please call anytime.




 


Posted by:
  
Kerry Lucasse  ::  eXp Realty ::  Nest Atlanta Real Estate Group

Call anytime @ 404.432.1844

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In & Around Atlanta Real Estate Blog - Copyright 2006 - 2014 by Kerry Lucasse and the Nest Atlanta team with eXp Realty Atlanta.  All information contained in this blog is deemed to be reliable but not guaranteed.   If you need assistance with Intown Atlanta real estate, Kerry Lucasse and the Nest Atlanta Real Estate Group are always available to assist you with your residential real estate needs!

eXp Realty :: 508 Flat Shoals Ave ::  Atlanta, GA 30316  :: 770-361-7068

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Comment balloon 2 commentsKerry Lucasse • October 29 2012 11:09AM
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