Atlanta Real Estate | Atlanta Housing News for Real Estate

Dunwoody real estate market report December 2007. Dunwoody homes sold.  The new statistics have just been released for Dunwoody homes sales this week.   To skip the MLS jargon of the report... (some entries are placed as Atlanta rather than Dunwoody) I broke down the numbers to just Dunwoody area 121 listed as the city as opposed to MLS areas that are harder to understand.  For the Month of November 2007 there were only 32 Single Family Dunwoody Home Sales.  This is a substantial drop in sales activity.  It must also be tempered with the reality of all time highs in inventory of other Dunwoody homes for sale.

Dunwoody Homes November 2007 Comparison 

• November 2007 32 Sales Single Family Homes Average Sales price $ 520,057 Day to Sell 61
• November 2006 63 Sales Single Family Homes Average Sales price $ 503,610 Days to Sell 63
• November 2005 39 Sales Single Family Homes Average Sales price $ 454,879 Days to Sell  59

Active - 304 Properties Found

This trend shows deterioration in our market of sales, increased marketing time,9.5 Months of Inventory. This does not reflect increased sellers contributions towards closing costs, and repeat time on market.

Dunwoody Town Homes / Town Home Sales November 2007 Comparison 

• November 2007 Sold - 11 Sales Condo / Town Homes Average Sales price $ 246,939 Days to Sell 66
• November 2006 Sold - 19 Sales Condo / Town Homes Average Sales price $ 198,095 Days to Sell 118
• November 2005 Sold - 24 Sales Condo / Town Homes Average Sales price $ 198,023 Days to Sell 85

 Active - 283 Properties Found.  This translates to a 25.72 months of inventory.

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