One of Atlanta's oldest neighborhoods, Grant Park is a nationally recognized historic district and features 130+ acres of green space, shops, recreational area, restaurants, ZooAtlanta and some of the finest historic homes in Atlanta. Victorian era homes, Craftsman bungalows, and small cottages line the streets and are sure to "wow" you with their personality and charm!
Grant Park (zip code 30312) is also in a prime "intown" location - just minutes from the interstate (I-20), Downtown Atlanta, and other popular neighborhoods like Cabbagetown, Glenwood Park and the East Atlanta Village.
SO.... HOW'S THE MARKET?
Like many of the intown Atlanta neighborhoods with a wide range of home values, the home sales statistics often appear to be a bit of a rollercoaster ride, varying dramatically from quarter to quarter.
To follow is a quick overview....
COMPARING 3Q OF 2011 TO THE PREVIOUS YEAR
GRANT PARK ATLANTA HOME SALES
The good news is that the number of homes sold dramatically increased last quarter (July - September, 2011). Based on my personal experience, it seems that there were quite a few more buyers shopping for homes in 3Q compared to the previous year.
GRANT PARK HOME VALUES
The numbers in the chart above may appear to be a bit shocking, but this year there were several foreclosures and short sales that sold below $100K. In the previous year, there were more high dollar listings for sale and 50% of those listings sold for over $300K.
LISTING PRICES VERSUS FINAL SALES PRICE
Based on the 3Q 2011 data, it reveals that Grant Park home sellers are pricing their home correctly the first time -- and homes are selling faster (86 vs 114 days) and for a higher percentage (95.1% vs 97%) of the list price.
If you have any questions about the value of your Grant Park home or the current market, we urge you to contact a local realtor. The real estate market can vary from quarter to quarter (and month to month), so it is important that you have access to the latest information before deciding to buy or sell your home.
You can call us day or night at 404.432.1844.
Kerry Lucasse - Ian Marshall Realty - Nest Atlanta Real Estate Group
Direct Phone - 404.432.1844
For more information about our team and Intown Atlanta real estate, please visit:
Call anytime @ 404.432.1844
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