Buckhead Luxury Homes - 2010 in Review

Posted by Ben Hirsh on Friday, January 21st, 2011 at 3:49pm.

At the moment there are approximately 311 Buckhead luxury homes for sale priced at $1 Million and above. The average asking price of these 300+ Buckhead homes is $2.6 Million, with the highest priced at $19 Million!

 

During 2010, 158 homes in Buckhead changed hands above the $1Million mark. This indicates that there is a 2-year supply of homes in this price range.

Digging further into these details, it is clear that the extreme high-end of the market ($6 Million and up) lacks any serious market demand. The chart below shows that the average sale price was just $1.5 Million. 

Luxury Homes Sold in Buckhead

2010

 
Total Bedrooms
Total Full Baths
List Price
LPSqft
Sales Price
Days On Market
High 8 9 $6,990,000 642.59 $4,000,000 819
Low 3 2 $1,075,000 161.48 $1,000,000 1
Average 5.25 5.05 $1,773,911 314.82 $1,551,532 130


If you need to list your Buckhead Estate, then you face high inventory levels and lower valuations. Hire Ben Hirsh as your Buckhead Realtor and you will be well represented by the Buckhead Specialist, while your home will gain the greatest possible exposure on the #1 Buckhead real estate website.

Ben Hirsh - Broker/Buckhead Specialist

O.404-492-9000

Ben@hirshrealestate.com

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