Home Sellers in Buckhead and Intown Atlanta Neighborhoods Reap
Vol. 4, Issue 2 | 1st Quarter 2011 BEACHAM Your Monthly Market Update From 3284 Northside Parkway The Best People in Atlanta Real Estate™ Suite 100 Atlanta, GA 30327 404.261.6300 Insider www.beacham.com Home sellers in Buckhead and Intown Atlanta What’s neighborhoods reap the benefits of an early spring Hot The luxury market. There he spring selling season came early for many intown real estate markets like Buckhead and the were 13 sales homes in metro Atlanta priced neighborhoods in Buckhead and what is rest of the Atlanta are varied according to Carver. $2 million or more in considered “In-town Atlanta” (Ansley Park, East First and foremost, Buckhead is a top housing draw T the first quarter (11 in Buckhead, Midtown, Morningside, Virginia-Highlands), in any market because of its proximity to the city’s Buckhead, 2 in East Cobb), where single family home sales collectively rose 21% greatest concentration of exceptional homes, high a 63% increase from from the first quarter of 2010 and prices increased 6%. paying jobs, shopping, restaurants, schools, etc. the first quarter a year The story was not as rosy for the rest In March, more than With an average home sale price ago. However, sales are of metro Atlanta, however. While single of $809,275 in the first quarter, still 32% below the first family home sales were up 5% in the first 15% of our new listings Buckhead is an affluent community quarter of 2007 when the quarter, prices were down 8% from a year went under contract and the affluent have emerged luxury market was peaking.
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