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Wednesday, June 9, 2010

If It's Wednesday -- It Must Be Market Conditions Wednesday!



If It's Wednesday -- It Must Be Market Conditions Wednesday!

This week the spotlight is on BALL GROUND.

To give you a frame of reference, there are a total of 72,796 homes on the market in the entire Atlanta metro area as I write this at 11:53AM on 6/9/2010. In the last market conditions report published on May 26th which focused on Austell, there was a total of 74,051 homes on the market -- a difference or decrease of 1,255 homes.

Today, as I write this, BALL GROUND has 166 homes Actively listed and on the market. They range in price from mobile home on a 2 acre lot priced at $42,900 to an unbelievable 78 acre gated estate compound home complete with a large guest house, stables with living quarters, swimming pool, tennis court, storage building, 2ponds and 4+ car garage priced at $3.9 million.

Currently there are 29 homes PENDING SALE in Ball Ground. Prices range from $49,900 for a short sale property with 4 bedrooms/2 full bathrooms to $980,000 for a 4 bedroom/4 full and 2 half bathroom home on the Etowah River in a gated community.

Homes are selling in Ball Ground! Since March 1st to date, there have been 50 properties SOLD and closed in Ball Ground. The least expensive property to sell during the period, sold for $15,000 after 61 days on the market. This property is located 1738 Sperin Road. This home offered 3 bedrooms/2 bathrooms and was built in 1973. It sits on 2.4 acres. The house is in great need of TLC and the land was worth more than the property. The property closed on 5/14/2010. Likewise the highest priced property to sell in Ball Ground during the period was originally listed at $900,000. It was reduced to $864,900 and after a total of 436 days on the market sold and closed on 5/11/2010 for $850,000 or 94% SP/OLP. This property is located in Hawks Ridge and is a Country French estate home with 5 bedrooms/4 full and 3 half bathrooms with brick on 4 sides of the house, complete daylight basement, 3 car garage and details too numerous to mention.

Join us next time when we will highlight the city of CANTON. Homes are selling all over Atlanta. During the month of May, more than 8,000 were sold and closed in the entire Atlanta metro area. Somewhere, there is a home waiting with your name on it! Please call me if you know someone who is considering the possibility of buying or selling real estate. I look forward to assisting you too when the time is right for you. I'm Glad Georgia Real Estate Is On Your Mind! Call me anytime at 770-399-8108.

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