When looking at the current housing trends, some interesting revelations can be noted related to 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.

The most alarming statistic is in the $500-750,000 market in single family homes. There has been a significant buildup in this category as numerous builders having launched new subdivisions in this market segment within the last few months. This is combined with the fact that this price point has seldom been seen in this area previously with exception of the 30339 zip code. 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. 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.

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 .

Wakefield Estates is a 70 home swim community in Smyrna Vinings just south of Paces Ferry on Atlanta Road. Built by Williamscraft, Wakefield Estates will be a upscale neighborhood of cluster homes. Homes will feature 4 and 5 bedrooms and range in square footage from 2700 to 3500 square feet with upscale kitchens.