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MLS Moments
[ 2 Comments ] 04/28/08 | Kathy Drewien | Filed under: Atlanta Real Estate, MLS Moments
Tracking the number of houses for sale in Atlanta each week shows little change in the housing market for our area. Compared to last week, there is only a slight variation in the mls listing report.
- Homes for sale in North Atlanta - 8060 UP 94
- Properties under contract pending closing - 943 UP 65
- North Atlanta houses closed - 1634 UP 118
- Average sold price - $370,081 UP $1671
- Average days on market - 92 DOWN 1
First Multiple Listing Service (FMLS) has released the March summary report for the greater Atlanta area. In comparison, North Atlanta market statistics report a somewhat stronger picture with higher sales prices and less days on the market.
In Atlanta the number of homes sold this year compared to last year is down 36.6%. Simply, there are fewer buyers this year.
And yet, buyers are purchasing homes that are priced correctly. The average sales price is 4.7% off the listing price at the time the offer is made - not the original listing price. Overpriced houses do not sell.
Get real time Atlanta market trends here.
Conversation Tags: Atlanta Real Estate | MLS Listing Data | MLS MomentsWhat Are the Best Public Schools in the Greater Atlanta Area?
[ 2 Comments ] 04/28/08 | Kathy Drewien | Filed under: Atlanta Real Estate, Atlanta Relocation, Buyers, Neighborhoods
What are the best public schools in Atlanta? We get asked every day.
Buyers relocating to Atlanta want information on public schools before they decide where to look for a home. Doug, a buyer relocating from Birmingham voiced the same question on Trulia Voices.
daughter. She will be entering 5th grade, and I presume we will need to live in the school district zoned for the school if we expect her to be eligible to attend any particular public school. On the surface, your question seems simple enough. And yet, Atlanta is so much larger than Birmingham, a list is not enough to tell you what you want to know.
You also want a house in your price range, with a “reasonable” commute, located in a strong school district.
- In what part of Atlanta will you be working?
- Are you open to a 45-minute commute?
- What style of house is best for you and your family?
- Is your price range less than $350K? More than $500K?
- Do you prefer an urban or suburban lifestyle?
Answers to these questions enable us to better answer your question about school districts.
We could say the Higgledy-Piggledy district is the highest ranking in Atlanta. And yet, if housing prices start at $600K and your price range is $300-350K, the information is meaningless.
With all that said… to help our clients, we have made The Report Card for Parents available.
The Report Card for Parents is primarily designed to give parents information about their schools. It also provides valuable information for discussions that will help parents make informed decisions about the quality of public schools in Georgia.
The testing and evaluation of Georgia’s children generate an enormous amount of statistical data. The Report Card for Parents transforms this mountain of data into an understandable ranking of Georgia’s public schools.
Review the school reports to become familiar with the area. Then, ask us to help put the information in perspective.
Related Posts:
Atlanta Public and Private School Board of Education Guide
Atlanta Private Schools by County
What are the Best Public Schools in Atlanta?
New Home Sales the Lowest Ever?
[ 1 Comment ] 04/25/08 | Kathy Drewien | Filed under: Atlanta Real Estate, Neighborhoods
New home sales sink to a 17-year low. This is the news of the day. And yet, there's more to the story than reported.
Of course sales are lower!
Dan Green posts an full analysis of why new home sales are at the lowest point in years. His graph is a hint.
Don't be misled by the news media sound bites and headlines. Dig deeper. You might think we have a shortage of rice. Oops, wrong story.
You can always ask us. We have the full story on your neighborhood.
MLS Moments - North Atlanta Listing Data
[ 2 Comments ] 04/21/08 | Kathy Drewien | Filed under: Atlanta Real Estate, MLS Moments
The mls update for March has not been published by FMLS (First Multiple Listing Service) yet. Here's my simple list of market activity for the area of North Atlanta we've been tracking for a couple of years.
- Active FMLS Listings | North Atlanta Houses for Sale - 7966 UP 203
- FMLS Listings Under Contract | Pending Closing - 878 UP 26
- Sold | FMLS Listings Reported as Closed through April 21 - 1516 UP 158
- Median Sold Price - $368,410 DOWN $1,028
- Average Days on Market - 93 UP 1
The statistic of significance is that inventory - the number of houses on the market - continues to be higher than the the demand - the number of houses sold - by a small margin.
Get real time market trends here.
Conversation Tags: Atlanta Real Estate | MLS Moments | multiple listing service
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