Thursday, January 26, 2012

Real Estate Update

My listing in Dunwoody North, one of 50 single family homes in Dunwoody under contract.
This week my Keller Williams office here in Dunwoody, which is part of the Rawls Group of KW offices, released its proprietary numbers for the 4th quarter of 2011 (thanks to the resources of our of managing broker Shaun Rawls, I have little doubt our numbers are more in depth and accurate than any other real estate company in the city). 
According to the numbers, in the metro Atlanta area, there were 15.1 percent more homes sales in the 4th quarter of 2011 than in the 4th quarter of 2010.   In Dunwoody, the increase was even greater.
In the 30338 and 30360 zip codes, 51 single-family homes sold in the 4th quarter, up from 31 homes in the 4th quarter of 2010.  However, the median sales price dropped from $314,000 to $306,000, which is less of a drop than most cities in the metro area experienced.  But the bottom does appear to be very near (we really won't know it until it's in our rear view mirror).
Is now the time to put your home on the market?  Absolutely.  Especially if you are "moving up."  Not only are interest rates at historic lows (call Randy Lipp of Starkey for a rate quote), but the money you will save on the purchase of a higher-priced home, will make all the difference.  In other words, you'll give a little, but get a lot in return!

There currently are 147 active single family homes listed in Dunwoody (30338, 30360), priced from $94,900 to $1,200,000, with an additional 50 homes under contract.  The 3-to-1 ratio is very promising.

To view any of the active listings with photos, click on the top link below.  To view in a line item report, click on the bottom link.


If you have any questions about buying or selling a home, or know someone who does, please give me a phone call at 404.644.5220, or send me an email at bobfiscella@kw.com.

1 comment:

Mohd. Kashif said...

This is really nice post. I agree with you that a home isn’t a dream home because of its room dimensions. It’s about how a person feels when he walk through the front door — the way he can instantly envision his life unfolding there. This is about more than real estate. It’s about his life and his dreams. It’s important that the agent we choose to guide us through this journey is our trusted expert and advocate. Keller Williams Realty guided me through my way towards my dream home and made it possible for me to choose a best home for my beloved family.

You can also contact Keller Williams Realty at their newly launched website for Florida Luxury real estate:
www.LuxuryEstatesPlus.com