Buckhead Real Estate Market Update
Posted by Ben Hirsh on Wednesday, August 31st, 2011 at 3:00pm.In the first six months of this year, the Buckhead real estate market showed significant strength. Average sale prices on homes in Buckhead were up 8.9% over 2010 to $853,000.
Inventory has been lower this year than in recent years and 381 homes sold in Buckhead during the first half, half a dozen fewer homes during the same period in 2010. Fantastic deals are still available, but my buyers have had to be faster to react and more aggressive in order to stay ahead of the market.
Over the last few months, interest rates have hit all-time lows (again) and I expect this to be a boost to home sales through the end of this year. Give me a call to discuss your particular needs and take advantage of this market while it lasts!
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