| |
 |
Archive for the 'Smyrna Vinings Housing Market Update' Category
Tuesday, November 20th, 2007

Ready for the latest in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
While the market has not worsened, it has for the most part remained consistent with last month’s data with slight improvement in both single family homes and townhomes and condos in the Smyrna Vinings real estate market.
This past month in the Smyrna Vinings home market we saw a 2% decrease in active listings compared to last month but the months of inventory remained at 10.63 months. We now have 750 active homes in Smyrna Vinings compared to 765 in October.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After a decrease in condo listings last month, there was another decrease, but don’t get too excited. The Smyrna Vinings condo and townhome market, however, decreased by only four units over last month, with a total of 434 units now on the market compared to 438 in October. Unlike the home market, condo and townhome months of inventory has decreased slightly to 12.92 months of inventory.
What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. In fact, under $400,000 in homes and under $300,000 in condos and townhomes continue to lead the local market in health.
However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. Also expect to see the inventory amounts continue to decrease through January, which is part of the normal annual cycle in the Atlanta real estate market, but I would not expect any significant improvement in the actual months of inventory.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna real estate, Vinings real estate | No Comments »
Saturday, October 20th, 2007

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.
This past month in the Smyrna Vinings home market we saw a 3% decrease in active listings compared to last month but a worsening in the months of inventory to 10.63 months. We now have 765 active homes in Smyrna Vinings compared to 788 in September.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After a decrease in condo listings last month, there was another decrease, but don’t get too excited. The Smyrna Vinings condo and townhome market, however, decreased by only one unit over last month, with a total of 438 units now on the market compared to 439 in September. However, much like the home market, condo and townhome months of inventory has increased further to 13.27 months.
What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. In fact, under $400,000 in homes and under $300,000 in condos and townhomes continue to lead the local market in health.
However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. Also expect to see the inventory amounts continue to decrease over the next couple months, but I would not expect an improvement in the actual months of inventory, rather it will probably worsen as sales typically slow going into the fall.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna real estate, Vinings real estate | No Comments »
Tuesday, September 18th, 2007

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market. The good news is that it was really negligible.
This past month in the Smyrna Vinings home market we’ve seen only a 1% increase in active listings compared to last month and an actual improvement in the months of inventory to 10.09 months. We now have 788 active homes in Smyrna Vinings compared to 779 in August.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After a decrease in condo listings last month, there was 2% increase. The Smyrna Vinings condo and townhome market, however, increased by only nine units over last month, with a total of 439 units now on the market compared to 430 in August. This now puts the condo and townhome months of inventory up to 13.01 months.
What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. However, Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. Also expect to see the inventory amounts start to decrease going into the fall, but I would not expect an improvement in the actual months of inventory, rather it will probably worsen as sales typically slow going into the fall.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna real estate, Vinings real estate | No Comments »
Monday, August 20th, 2007

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.
This past month in the Smyrna Vinings home market we’ve seen a 3% increase in active listings compared to last month which now brings the months of inventory to 10.67 months. We now have 779 active homes in Smyrna Vinings compared to 758 in June.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After no increase in condo listings last month, there was 1% decrease. The Smyrna Vinings condo and townhome market decreased by only five units over last month, with a total of 430 units now on the market compared to 435 in July. This now puts the condo and townhome months of inventory up to 12.96 months. This is the first decrease in months of inventory for some time and it will be interesting to see if this is a minor dip or if we can start seeing some improvement.
What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. However, Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. Of more importance is the impact of the mortgage industry as it faces significant liquidity issues and we’ll see numerous companies fade away.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna condos for sale, Smyrna homes for sale, Smyrna real estate, Vinings condos for sale, Vinings homes for sale, Vinings real estate | No Comments »
Friday, July 20th, 2007

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.
This past month in the Smyrna Vinings home market we’ve seen a minimal 1% increase in active listings compared to last month which now brings the months of inventory to 10.36 months. We now have 758 active homes in Smyrna Vinings compared to 747 in June.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After another big increase in condo listings last month, there was no . The Smyrna Vinings condo and townhome market increased by only one unit over last month, with a total of 435 units now on the market compared to 434 in June. This now puts the condo and townhome months of inventory up to 13.63 months. You may be wondering how the months of inventory jumped so much from last month with only one more active condo on the market. Well, it’s because fewer homes have sold in the last 12 month period, which causes the months of inventory to increase.
What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. However, Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna condos for sale, Smyrna homes for sale, Vinings condos for sale, Vinings homes for sale | No Comments »
Monday, June 18th, 2007

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.
This past month in the Smyrna Vinings home market we’ve seen another 4% increase in active listings compared to last month which now brings the months of inventory to 10.04 months. We now have 747 active homes in Smyrna Vinings compared to 716 in May.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After a pretty nasty increase in condo listings last month, it continued to worsen. The Smyrna Vinings condo and townhome market increased an additional 5% over last month, with a total of 434 units now on the market compared to 412 in May. This now puts the condo and townhome months of inventory up to 13.22 months. That’s right, now over an entire year worth of inventory.
What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna condos for sale, Smyrna homes for sale, Smyrna real estate, Vinings condos for sale, Vinings homes for sale, Vinings real estate, Vinings townhomes for sale | No Comments »
Saturday, May 19th, 2007

Here’s the latest update on the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.
This past month in the Smyrna Vinings home market we’ve seen an additional 4% increase in active listings compared to last month which now brings the months of inventory to 9.36 months. We now have 716 active homes in Smyrna Vinings compared to 688 in April.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
While it appeared that the condo market might have actually been peaking, it took a marked turn for the worse this past month. The Smyrna Vinings condo and townhome market increased a whopping 13% over last month, with a total of 412 units now on the market compared to 366 in April. This now puts the condo and townhome months of inventory up to 12 months. That’s right, an entire year worth of inventory.
What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna condos for sale, Smyrna homes for sale, Vinings condos for sale, Vinings homes for sale | No Comments »
Monday, April 16th, 2007
Here’s the latest update on the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
While in the past month’s it has been apparent that we were in a buyer’s market for single family homes in all price points except the $200-299,999 range, this range has been steadily worsening as well to the point it is waffling between a seller’s and a buyer’s market. Overall, concern has been building in the marketplace and rightly so. Up till now, the market has been slowly worsening.
However, this past month in the single family home market we’ve seen a 12% increase in active listings compared to last month and a 14% increase in months of inventory. We now have 688 active listings compared to 617 in March and now represent 8.76 months worth of inventory.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Some of the developments influencing these statistics are Greystone at Vinings, One Ivy Walk and Kensington Green.
Intererstingly enough, the condo and townhome market while not overly healthy, seems to be fighting to reverse the negative trends. The condo market increased 3% over last month, with a total of 366 units now on the market.
What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna real estate, Vinings real estate | No Comments »
Thursday, March 15th, 2007

Here’s the latest update on the Smyrna Vinings home market. In the graph above, we have shown the number of active listings in both February and March by price segment for both houses and condos, as well as, the months of inventory in each price segment. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
The interesting thing to note from this graph is that the market’s largest number of listings is at the high and low end of the market, with quite a drop off in the amount of inventory between $300,000 to $500,000. As noted above regarding month’s of inventory, the only market that appears to be a true seller’s market are houses in the $200,000 - $299,999 segment.
As noted last month, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Some of the developments influencing these statistics are Greystone at Vinings, One Ivy Walk and Kensington Green.
Aside from $500+ price segment, the inventory amounts for other price points for the Smyrna Vinings home market actually indicates a fairly healthy housing market. As expected we’ve seen a slight uptick in the months of inventory in the single family homes over last month. It has increased from 7.20 last month to 7.69 in March. This is due to a 7% increase in active listings compared to last month, 617 houses compared to 578 in February. Intererstingly enough, the condo and townhome market also increased 7% over last month, with a total of 356 units now on the market.
What to look for? We were expecting the increase in inventory and should continue to see that for the next couple months, but didn’t really expect the uptick in month’s of inventory. This will be something to watch closely over the next couple months.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna condos for sale, Smyrna homes for sale, Smyrna real estate, Vinings condos for sale, Vinings homes for sale, Vinings real estate | No Comments »
Friday, February 16th, 2007

Here’s the latest update on the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
As noted last month, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Some of the developments influencing these statistics are Greystone at Vinings, One Ivy Walk and Kensington Green.
Beyond this, while there are variances within each zip code, the inventory amounts for other price points for the Smyrna Vinings home market actually indicates a fairly healthy housing market. Of interest, we’ve seen a slight uptick in the months of inventory in the single family homes over last month. It has increased from 7.02 last month to 7.20 in February. For single family homes, we’ve had a slight increase in active listings from last months update to 578 active homes from 546, while there continues to be no real change in the active condo listings with 301 active condos on the market versus 304 in January.
What to look for? In the coming months, we should see the inventory increase slightly, but you should also expect to see an improvement in months of inventory as we are coming into prime selling season in Atlanta and the market fundamentals for the majority of price points in the Smyrna Vinings home market are fairly healthy.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.
Posted in Smyrna Vinings Housing Market Update, Smyrna real estate, Vinings real estate | No Comments »
|
|
|
|