The $720,521 average resale sales price last month for Walton High School homes in East Side, Mount Bethel, Sope Creek and Timber Ridge Elementary Schools breaks the $700k barrier for the first time as shown in the following chart which compares 2018 to the single highest month in 2008 – 2017.
Perhaps the best place to find residential resale information for higher value Walton High School homes is MillerGroupRealty.
Here are some takeaways as of July (raw data sourced from the First MLS system) for Walton homes in four elementary schools (East Side, Mt Bethel, Sope Creek and Timber Ridge). Unless otherwise noted, the information is based on resales (excludes new construction) of just single family detached homes (excludes condos/townhomes and lots/land).
- Number of Active listings is below the levels reached in the summers of 2014 – 2017.
- Number of new construction listings continues its decline (began June 2017).
- The average sales price increase for Walton since July 2014 is about 18%, coincidentally about the same for the four major metro counties (Cobb, Dekalb, Fulton, Gwinnett).
- The average Walton sales price was $625k compared to $426k for Pope, $433k for Lassiter, $406k for Wheeler and $286k for Sprayberry.
- Higher value homes ($600k+) account for about 45% of all Active listings and Sold listings.
- The July average sales price of $890k for Sope Creek consistently far surpasses the other elementary schools (under $600k).
- Who has the most homes available for under $600k? East Side
- Who has the most higher value ($600k+) homes available? Sope Creek
Contact us when you have thoughts of selling as we may well be your best choice for representation when the goal is to net more at closing, in less time. Our clients benefit most when we can apply our Best Home Marketing approach to selling and also be hyperlocal. We live where we work, and our website reflects this focus.
It’s almost that time of year when the school year is over, and for some that means preparing to make that long anticipated move.
Here is a high level view of the current Walton High School real estate market as of 4/26/18. I chose $600,000 for this illustration because the higher value homes are our particular focus in just four elementary schools. Continue reading “It’s That Time of Year”
Real estate is a common topic of conversation at almost any social gathering, possibly because it is frequently reported in the news, more people own versus rent, and it seems someone in the conversation is planning to buyer, sell or invest in real estate.
These numbers may surprise many who live in East Cobb and specifically those with an interest in Walton High School single family detached homes in East Side, Mount Bethel, Sope Creek and Timber Ridge Elementary Schools. We specialize in this area because it is where we live and clients benefit more when we can implement our Best Home Marketing approach to selling and also be hyperlocal. Continue reading “Walton High School Home Sales”
Probably not surprising is that the Walton High School seasonal trend has remained fairly consistent with the number of Active Listings hitting lows in the January/February time frame and rising to their highest levels in June/July. (Note the difference in the summer period is about 2x the winter inventory.) Continue reading “The Walton High School Seasonal Trend”
We’ve updated the Miller Group Realty micro market stats to reflect the entire 2017 for Walton High School listings in East Cobb, Mount Bethel, Sope Creek and Timber Ridge Elementary Schools. Continue reading “2017 Full Year Lookback”
We just finished a review of this price range ($1.0m – $2.0m) in the area of our specialty – Walton High School listings in just four elementary schools: East Side, Mount Bethel, Sope Creek and Timber Ridge.
The research was triggered by current popular opinions from people on the street as well as agents that the luxury market had softened and sellers should be prepared to show the house for months.
Our findings seem to point to overpricing rather than a shortage of buyers and/or too much inventory. Continue reading “2017 First Million Market”