Atlanta Luxury Home Market – Curious about the Atlanta luxury home market? In September 2011 there were 31 homes that sold that were listed for over $1,000,000. In September 2010, that number was very close to the same with 29 luxury homes sold.
What was the difference?
In September 2010 the lowest sales price for a luxury home listed over $1,000,000 was $789,000 with 102 days on the market. The average number of days on market for all the luxury homes sold was 172 days and an average sales price of $1,378,136. The highest price Atlanta luxury home was in Buckhead. It sold for $3,050,000 with 12 days on the market.
In September 2011, we saw a decrease in the number of days on the market in the Atlanta Luxury Home Market. The average number of days on market for all luxury homes in the Atlanta area was 140 days with higher average sale price of $1,534,217. The most expensive luxury home that sold in September in the Atlanta area was $3,857,500. It was on the market 52 days in sought after Tuxedo Park which is near Buckhead in Atlanta.
In short, Atlanta luxury homes are selling faster than the same time a year ago and on average for a higher price. That’s great news for Atlanta’s Luxury Home market!
Many of the Atlanta Luxury Homes are in golf course communities with fabulous amenities.
Where did the Atlanta area Luxury Homes sell in September 2011?
· Buckhead - As always, Buckhead is very popular for luxury homes
· Kingswood – Atlanta Fulton County
· Sugarloaf Country Club in Duluth – Gwinnett County
· St. Marlo in Duluth - Forsyth County
· Tuxedo Park – Near Buckhead in Atlanta
· Tiller Walk
· Paces Ridge
· Windward in Alpharetta
· Brookhaven
· The Park at Oglethorpe – near Brookhaven in Atlanta
· Citadella
· Atlanta Country Club in Marietta
· Chastain –Atlanta Fulton County
· Lakeside at Ansley in Roswell
If you're thinking of buying or selling an Atlanta Luxury Home, contact Jen Bowman, Broker Associate with Keller Williams Realty, Luxury Homes by KW at 404-456-5024.
Related posts:
August 2011 Atlanta Luxury Homes Market Report
Atlanta Country Club Real Estate
Search for Homes in Cobb County, GA including Smyrna, Vinings, Marietta, Acworth, Powder Springs at www.HomesforSaleinCobbCounty.com.
Search for Homes in Dekalb County, GA including Decatur, Atlanta, Dunwoody, Tucker, Stone Mountain, Avondale Estates, Lithonia, & Ellenwood at www.DekalbHomeSearch.com.
Search for Atlanta's Luxury Homes including Cobb, Fulton, Dekalb and Gwinnett at LuxuryHomesGA.com
Realtor Jen Bowman has been featured on HGTV's My First Place, HGTV's Buying and Selling 20 Best Kept Secrets & Inman News - where real estate and technology connect. She is a proud member of Keller Williams Realty Atlanta Partners Agent Leadership Council. Jen is also a member of Keller Williams Realty Luxury Home Division, catering to luxury home buyers and sellers. Call or text 404-456-5024 today to get started buying your dream home in Dekalb or Cobb, selling your current home in Dekalb or Cobb, or learning more about an awesome career in real estate.
Jen - nice luxury market update. I liked how you summarized your data and presented it. Nicely done.
Jan,
Great Atlanta Luxury Market summary. It seems to be getting to be a stronger luxury market in Buckhead at this time. It's been a much stronger year than 2010.
All the best, Michelle
Jen Your Atlanta luxury home market report. Northern Virginia has many luxury home areas, but not where I eork