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Buckhead Market Stats June 2009

July 14, 2009

Atlanta Fine Homes Sotheby’s International Realty has taken information gathered from Trendgraphix to provide you with the following trends and information on real estate sales in the Buckhead market (FMLS area 21).

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

The average sold price was $960,000.  This is a 14.1% increase over June 2008.

The average active listing price was $1,381,000. This is a 6.6% decrease over June 2008.

There were 883 homes for sale (13.3% decrease over June 2008 ).

61 homes sold and 71 homes went under contract.  One year ago, 69 homes sold (11.6% decline) and 51 homes went under contract (39.2%% increase).

For single family homes over $1 million:

The average sold price was $1,885,000 (up 36.4% over June 2008 ).

The average listing price was $2,303,000 (down 2.3% over June 2008 ).

There were 396 homes for sale (20.8% decline over June 2008 ).

18 homes sold and 18 homes went under contract. One year ago, 18 homes sold (no change) and 17 went under contract (5.9% increase).

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

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