Sandy Springs market report December 2007. sold. The new statistics have just been released for Sandy Springs homes sales this week. To skip the MLS jargon of the report... (some entries are placed as Atlanta rather than Sandy Springs) I broke down the numbers to just Sandy Springs area 131 listed as the city as opposed to MLS areas that are harder to understand. For the Month of November 2007 there were only 18 Single Family Sandy Springs Home Sales.
Sandy Springs November 2007 Comparison
- November 2007 18 Sales Single Family Homes Average Sales price $ 585,836 Day to Sell 52
- November 2006 13 Sales Single Family Homes Average Sales price $ 548,380 Days to Sell 59
- November 2005 17 Sales Single Family Homes Average Sales price $ 583,055 Days to Sell 59
Active - 255 Properties Found
This trend shows deterioration in our market of sales, increased marketing time, 14.1 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 - 13 Sales Condo / Town Homes Average Sales price $ 161,312 Days to Sell 56
- November 2006 Sold - 29 Sales Condo / Town Homes Average Sales price $ 141,989 Days to Sell 99
- November 2005 Sold - 32 Sales Condo / Town Homes Average Sales price $ 136,412 Days to Sell 75
Active - 396 Properties Found. This translates to a 30.4 months of inventory.
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Actually Jim. This doesn't look so bad.
When I do SOLD stats for my area, it shows only 1/2 to 1/3 the numbers of homes sold compared to 2005.
Our prices aren't that much lower the the number of homes sold is dramatically down.