Buckhead Condo Sales Report

Posted by Ben Hirsh on Thursday, July 15th, 2010 at 11:43am.

Buckhead is a destination and it is a true pleasure to live in such a wonderful area. For those who enjoy the city life, nothing can beat living in one of Buckhead's condos. Whether it be a high-rise condo in the heart of Buckhead, or a stately townhome on a quiet leafy street, you will be pleased with the condo selection in Buckhead.

Buckhead Condos Sold 1st Half 2010

Selling Price:

AThe average condo in Buckhead over the first six months of 2010 was sold in 102 days for $242,974 which is 2.1% lower than the same period in 2010.

Sales Volume:

While prices have remained flat sales have jumped year-over-year from 281 to 329 condos in 2010. That represents an increase in the volume of transactions of 14.6%.

Inventory:

If you only got your information from the evening news, you might think the condo market in the Buckhead area was stangnant, but the true numbers show a very different picture. With increased transaction numbers the inventory on the market has dropped to just over a 16-month supply of condos. This number is still above normal inventory levels which will mean great prices and incredible values for buyers over the 2nd half of this year!

329 Buckhead Condos Sold Bedrooms Baths Sale Price Days on Market
Avg: 2 2 $242,974 102

Ben Hirsh - Broker/Buckhead Specialist

O.404-492-9000

Ben@hirshrealestate.com

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