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Buckhead Sales Figures in for January 2009

February 11, 2009

For all single family homes in all price ranges Buckhead (Atlanta, Georgia) during January 2009:

The average sold price was $636,000.  This is an increase of 52% decrease over January 2008.

The average active listing price was $1,498,000. This is a 3% decrease over January 2008.

There were 839 homes for sale (5% increase over January 2008 ).

27 homes sold and 39 homes went under contract.  One year ago, 37 homes sold (27% decline) and 51 homes went under contract (24% decline).

For single family homes over $1 million:

The average sold price was $1,287,000 (down 39% over January 2008 ).

The average listing price was $2,462,000 (up 8% over January 2008 ).

There were 378 homes for sale (10% decline over January 2008 ).

4 homes sold and 5 homes went under contract. One year ago, 18 homes sold (78% decline) and 13 went under contract (62% decline).

Information provided by Atlanta Fine Homes Sotheby’s International Realty with the Source: Trendgraphix.

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