The Choates Realty Team at Keller Williams Realty

The Choates Teams at Keller Williams Realty Atlanta Classic 404-564-9675 https://kirbychoatessr.youcanbook.me

I can show you how. Book an appointment with me at https://kirbychoatessr.youcanbook.me

The Choates Realty Team at Keller Williams Atlanta Classic

The Choates Realty Team LLC Call: 706-351-3470 Kirby Email: [email protected] Book an appointment: https://kirbychoatessr.youcanbook.me

Kirby B Choates Sr [email protected] 706-351-3470

The Luxury Market Is Attracting Buyers in 2021

[email protected] 706-351-3470

Atlanta’s Housing Shortage While many sellers wait out the winter months in the hopes of quick spring sales, fewer homes hit the market during the coldest months of the year. In this less saturated market, your home is more likely to stand out even if it’s less than perfect. Since the recession ended, Atlanta’s housing stock for lower to mid-market price points has struggled to keep up with buyer demand. A healthy housing market has six to seven months of available inventor...y, but in 2017, Atlanta’s housing stock of homes under $500,000 has lingered around 2.5 months. At the same time, the average sales price of a new home in Atlanta has risen to $289,000 a yearly increase of 4.7 percent. In 2017, Gwinnett and Fulton counties had the most home sales, while close-in Fulton and DeKalb had the highest median sales prices of $360,000 and $272,000, respectively. Additionally, homes in desirable counties like Cobb and Gwinnett spent less than 40 days on the market. Atlanta’s booming economy, particularly its high-tech sector, has outpaced new home construction. This imbalance in inventory has led to rising prices, especially in desirable intown neighborhoods near the BeltLine. In hot neighborhoods like Cabbagetown or Old Fourth Ward, fewer than 15 homes may be for sale in any given month. If you are selling a home in one of these areas, a winter listing could net you even more money. Buyers who want to live in these hot neighborhoods are plentiful, no matter the season. Kirby Choates Sr. [email protected] 706.351.3470

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