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

Here we are...right back at Market Conditions Wednesday. Each week, I provide a market snap shot of current market conditions affecting a specific city in the Atlanta metro area. Since starting this column in February, we have focused on the cities of Acworth, Alpharetta, Atlanta, Austell, Ball Ground, Canton, Cartersville, Conyers, Covington and Cumming.

Today, the focus is on the City of Dallas, Georgia.

Dallas, GA holds the distinction of one of the fastest growing cities in the United States. With the convenience of being part of the metro Atlanta area, Dallas has retained the charm of simpler times, with a vibrant and friendly community, strong on southern hospitality. The population is approximately 10,500 and serves as the County Seat of Paulding.

According to the latest FMLS data and as I write this, there are currently 71,987 homes on the market in the entire Atlanta metro area. Likewise, as I write this, there is a total of 738 single family homes on the market in Dallas and a total of 9 condo or town homes available and actively listed for sale in Dallas.

Actively Listed Single Family Homes
This week, actively listed single family homes in Dallas range in price from $23,000for a 1956 ranch style 2 bedroom/1 bathroom home in close proximity to route 92; to a sprawling 35 acre gated estate home featuring 7 bedrooms/5 full and 3 half bathrooms. This incredible home offers a private pond, 3-level salt water pools (see the picture above for a view of one pool), waterfalls, entertainment pavilion, 7 car garage, separate guest quarters and amenities too numerous to mention.

Actively Listed Condo / Town Homes
Active Dallas Town Homes / Condos range in price from $67,500 for a multi-level 2 bedroom/1 full and 1 half bathroom town home built in 1997 with new updates and located in downtown Dallas at Hickory Grove; to the higher end of the scale this week is a ranch style condo built in 2002 and located in the Villas at Evens Mill. This home offers 3 bedrooms/2 full bathrooms and open floor plan for $129,900.

Pending Sale
Currently there are 189 single family homes pending sale in Dallas. Of the 189 Pending, there are 16 properties that are awaiting lender approval. These 189 homes range in price from $39,000 to $599,000.

Likewise, in Dallas there are 3 condo / town-homes currently PENDING SALE. They range in price from $30,000 to $69,000.

SOLD Properties (6/1/2010 - 8/12/2010)
Believe it or not, homes are selling in Dallas. Since June 1st, 187 single family homes sold in Dallas. The sold prices ranged from $19,900 to $389,900. Likewise, during the period, there were 3 condo/town homes sold in Dallas with price tags from $26,250 to $69,900.

So, as you can clearly see, there is strong activity in Dallas -- predominately with single family homes.

Please contact me if you are interested in a home in Dallas or the Atlanta metro area. I look forward to guiding you throughout the process when the time is right for you. In the meantime, please feel free to call me anytime with your many questions regarding the real estate market in general or specifics regarding the relocation / buying / selling process. I can be reached at 770-399-8108or sara.hibbard@metrobrokers.com. Don't forget to visit my websites located at www.SaraHibbard.com and www.SaraHibbardRealEstate.com. Until then, Happy House-Hunting!