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Four + Year, Intown Atlanta Average Sales Price Comparison For Homes Sold

Wednesday, April 27, 2011

Single Family Average Sales Price per FMLS Stats

AREA   2007       2008     2009     2010     1st Qtr., ‘11

  21        914,514     921,688     800,411     760,987       809,275

  22       140,300       72,078       91,970     106,274       95,047

  23       550,671     506,841     451,212     474,223     481,407

  24       285,889     263,352     225,739     246,546     214,402

  51       443,742     419,974     366,000     361,719     306,713

  52       306,621     269,487     219,668     236,523     205,143

131       548,787     538,465     431,827     431,129     381,016

132       907,396     893,885     798,738     795,345     719,252

Condominium Average Sales Price per FMLS

AREA   2007     2008       2009         2010       1st Qtr., ‘11

  21       261,013     252,915       231,271     246,340       236,690

  22       227,660     213,188       150,619     137,305       109,774

  23       243,938     217,133       196,985     171,958       159,544

  24       225,246     208,427       185,485     171,509       144,240

  51       254,523     243,176       211,742     187,273       209,016

  52       193,159     191,782       164,480     176,475       164,676

121       215,062     206,972       197,469     171,460       146,129

131       154,791     135,739       132,558     128,309       125,042

132       210,526   2 48,437       234,421     214,743       174,156


-    Scott Askew

Posted in: Intown Atlanta Real Estate News

Brookwood Hills, Glenwood Park, Mechanicsville, and Toco Hills

Friday, April 22, 2011

This is installment number five where we feature unique intown Atlanta neighborhoods; Some well known and some ‘less famous secrets’!

If you go to our Property Search button, then click on ‘Featured Neighborhoods’, you will get a brief ‘thumbnail’ of the community AND, when you click on the name of the neighborhood, you’ll instantly see homes that are currently ‘For Sale’ in the community!  Enjoy!!

Brookwood Hills
Buckhead’s only completely enclaved neighborhood, Brookwood Hills enjoys privacy most urban residents can only dream about.  The community of 370 homes set on 40 rolling acres stretches back from the east side of Peachtree Road from I-85 to Brighton Road at Piedmont Hospital.  It includes a six-acre park with swimming pool, clubhouse and tennis courts.

Glenwood Park
Glenwood Park is a new “green community” featuring a traditional mix of different housing types as well as retail stores, office space, civic buildings, people-friendly streets, parks, and recreational facilities.  Located south of I-20 with Bill Kennedy Way as the eastern boundary, and Glenwood Avenue to the south.  Glenwood Park accommodates cars, but it is designed for people.  Sidewalk and street designs emphasize pedestrian comfort and safety.

Mechanicsville
Mechanicsville is one of the oldest neighborhoods in Atlanta. The neighborhood sprang up in the late 1800s, adjacent to several railroad lines just south of the downtown business district. The name “Mechanicsville” comes from the “mechanics” that worked on the railway lines.  The city of Atlanta has targeted the area for revitalization, and it is currently going through re-gentrification.

Toco Hills
Set in unincorporated DeKalb County, Toco Hills is the area surrounding the Toco Hills Shopping Center which is located at the intersection of North Druid Hills, LaVista and Clairmont Roads.  A thriving neighborhood lush with green space and wildlife, it has a diversity of retail merchants, restaurants, professional offices, churches, public library, senior center, dog park, tennis center within close proximity.

Posted in: Intown Living

Featured Neighborhoods - Atlantic Station, Edgewood, Loring Heights, and Virginia Highland

Wednesday, April 20, 2011

This is installment number FOUR where we feature unique intown Atlanta neighborhoods; Some well known and some ‘less famous secrets’!

If you go to our Property Search button, then click on ‘Featured Neighborhoods’, you will get a brief ‘thumbnail’ of the community AND, when you click on the name of the neighborhood, you’ll instantly see homes that are currently ‘For Sale’ in the community!  Enjoy!!

Atlantic Station
A live-work community located immediately north, northwest of downtown Atlanta, Atlantic Station is a national model for smart growth.  Approximately 10,000 residents enjoy the attractive mix of middle-income and up-scale housing with the opportunity to walk to work, theaters, shopping and excellent restaurants.

Edgewood
Located east of downtown Atlanta and roughly bounded by I-20 to the south, Arizona on the west, LaFrance to the north and Moreland on the east, Edgewood is an eclectic area just south of Candler Park and west of Kirkwood.  Housing values are reasonable during this time of re-gentrification.

Loring Heights
A cozy neighborhood of approximately 300 homes nestled between Peachtree Street, Northside Drive and Atlantic Station, Loring Heights is convenient to downtown Atlanta to the south and Buckhead to the north.  Many residents are young families and singles who enjoy the close proximity of shopping, restaurants and excellent dining.

Virginia Highland
Developed in the 1900s, Virginia Highland boasts of 7 distinct commercial nodes intertwined with charming bungalows and gracious mansions in all price ranges.  The word eclectic seems to have been formulated to describe Virginia Highland.  The area is also well-known as a dining destination with restaurants that appeal to a variety of tastes.

-    Scott Askew

Posted in: Intown Living

Featured Neighborhoods - Ashford Park, East Lake, Lenox Park / Morningside, and Winnona Park

Monday, April 11, 2011

This is installment number three where we feature unique intown Atlanta neighborhoods; Some well known and some ‘less famous secrets’!

If you go to our Property Search button, then click on ‘Featured Neighborhoods’, you will get a brief ‘thumbnail’ of the community AND, when you click on the name of the neighborhood, you’ll instantly see homes that are currently ‘For Sale’ in the community!  Enjoy!!

Ashford Park
Adjacent to the better known Brookhaven neighborhood, Ashford Park was developed in the 1950s to house military personnel who worked at the base that is now home to Peachtree-Dekalb Airport, and is very convenient to Lenox Square Mall and Buckhead.  The area is known for affordable homes, many of which are being converted into large estates.

East Lake
In 1891, two creeks and a five spring watershed were dammed to form East Lake.  Today, the area surrounding East Lake, approximately 5 miles east of the center of downtown Atlanta is called…East Lake!  Homes range from comfortable bungalows to magnificent estates.  The nearby village of East Lake features eclectic shops, restaurants and entertainment venues.

Lenox Park/Morningside
One of the things that makes Lenox Park such an attractive place to live is the old growth trees and the 12 parks in the area.  In fact, Lenox Park is close to the newly created Wildwood Urban Nature Preserve.  All home styles, sizes and price ranges can be found in this family and pedestrian-friendly community with home styles ranging from Mediterranean, to Colonial, to Modern.

Winnona Park
Roughly bordered by East College Avenue to the north, South Columbia Drive to the east, Kirk Road to the south, and South Candler as the western boundary, Winnona Park is located in the southeastern portion of the City of Decatur. Even though the community is found in the Registry of Historic Places, there are no restrictions or review procedures for renovating the existing homes which were originally built between 1910 and the 1950s.

Posted in: Intown Atlanta Real Estate News

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