3 THINGS TO KNOW... The Latest Numbers... Buckhead Remains a Hot Market

3 THINGS TO KNOW about the Atlanta Residential Real Estate Market

English - July 12, 2021 18:00 - 3 minutes - 2.43 MB - ★★★★★ - 1 rating
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3 THINGS TO KNOW
The Latest Numbers...
Buckhead Remains a Hot Market
(episode 53)

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Last week we talked about the concerns for safety in Atlanta and what is being done by the state of Georgia to ensure not only that we are safe again but safer than before.

Questions remain about the market in Atlanta and how the concerns for safety will affect our market. The latest numbers indicate that we remain strong.

Looking at all homes closed in Buckhead in the month of June 2021 compared to the month of June 2020*

- the average sales price of those homes is up 24%,
from $1,176,000 to $1,228,000

- the number of homes sold is up 58%
from 100 homes to 158 homes

the average days on market is down by half,
from 85 days to 44 days

*going back to the month of June 2019, comparing it to month of June 2020, 2020 is stronger but similar relative to the comparisons between June 2020 and June 2021 shown above.