Hamilton Mill is a wonderful place to call home and many of you ask us what sales are like compared to last year at this same time, well the answer will surprise you. Below, we have compiled the 1st quarter sales of 2007 vs. 2008 and the numbers are staggering.
As you know the entire real estate market has gone through a difficult time in the past 12-18 months and unfortunately we in the Atlanta market have not been immune to the effects of the housing slump. With that being said, we are fairing much better than other markets around the country and we feel as though we have gone past the bottom and things will start to pick up in the coming months and moving forward into 3rd quarter 2008 and into 2009.
If you are even thinking of buying a home in the near future, now is the time to buy. Give us a call to discuss your options.
Here you go:
1st Quarter 2008 comparisons of market conditions and sales vs. 2007. All information provided from the FMLS listing service as of 4/1/2008.
Current Hamilton Mill Inventory: 117
Highest Priced Home: $868,500 / 3235 Town Manor Circle
Lowest Priced Home: $225,000 / 3398 Ridgemill Circle
1st Quarter Sales – January 1, 2008 – March 31, 2008 = 10
Highest Priced Sale 1st Q 2008: $750,000
Average Sales Price 1st Q 2008: $392,794
Average List Price of 2008 sales in Q1 2008: $429,722
1st Quarter Sales – January 1, 2007 – March 31, 2007 = 30
Highest Priced Sale 1st Q 2007: $659,863
Average Sales Price 1st Q 2007: $351,043
Average LIST Price of 2007 sales in Q1 2007: $366,973
As you can see the number of sales decreased in the first quarter of 2008 by 67% versus 2007.
If you would like additional information or would like to see what homes are currently on the market within Hamilton Mill please give me a call or drop me an email and I will get the information to you within 24 hours. 678-279-4717 or mattsells@bellsouth.net.
