If It's Wednesday It Must Be Market Conditions Wednesday - Focus on Ball Ground

If it's Wednesday it must be MARKET CONDITIONS WEDNESDAY. This week our focus city is Ball Ground, GA.

Every Wednesday, I provide a market snap shot of current market conditions affecting a specific city or neighborhood in the Atlanta metro area.

Let's take a look this week at details and ACTIVE, PENDING, SOLD statistics in Ball Ground.

According to the latest FMLS data and as I write this there is a total of 72,197 homes on the market in the ATLANTA metro area. Last week at this time we had a total of 73,838 homes on the market in the entire Atlanta metro area.

ACTIVELY LISTED SINGLE FAMILY HOMES
Likewise, tonight and as I write this there is a total of 159 ACTIVE single family home listings in BALL GROUND. These homes range in price from $21,000 for a bank-owned mobile home with a living room/kitchen combo with two full bathrooms to gated $3.9 million 78 acre estate home with a large guest house, stables, swimming pool, tennis courts and much more.

Actively Listed Condo/Town Homes
There is ONLY 1 condo/town home property on the market in BALL GROUND tonight. The condo / town home is new construction and features 3 bedrooms/2.5 bathrooms and one car garage. The property is currently listed at $156,500.

Pending Sale
Currently there are 32 single family homes pending sale in BALL GROUND. Prices range from $65,000 for a 1925 vintage fixer-upper with 2 bedrooms/1 bathroom to $980,000 for an estate home on the Etowah River with 4 bedrooms/4 full and 2 half baths and 3 car garage on 5.41 acres.

SOLD Properties (3/1/2010 to 4/30/2010)
It might interest you to know that from March 1st through April 30th there were a total of 32 homes sold in BALL GROUND.

Lowest Priced Home SOLD in Ball Ground during the period was originally priced at $39,900. It sold after 59 days on the market for 75% Sold Price to Original List Price for $30,000 and 100% cash terms.

Highest Priced Home SOLD in Ball Ground during the period was originally priced at $599,900 and sold for $360,000 or 60% Sold Price/Original List Price (SP/OLP%). The property was on the market 359 days and closed on 4/05/2010.

So, as you can clearly see homes are selling in Ball Ground! Please call me with your many questions regarding the Ball Ground and Atlanta metro area real estate market in general or specifics regarding the buying / selling process. Please call me if you see a home that peaks your interest or if you are considering the possibility of selling your current home. I look forward to helping you and your family realize your real estate dreams.

In the meantime please visit me at www.GeorgiaRealEstateOnMyMind.com, e-mail me at sara.hibbard@metrobrokers.com or CALL ME ANYTIME at 770-399-8108!