I try to provide a regular market snap shot, typically on Wednesday's, 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, Cumming, Dallas and Dunwoody.
Today the focus is on HOLLY SPRINGS.
Located just north of Atlanta in fast-growing Cherokee County, the City of Holly Springs is a five and a half square mile oasis of friendly neighborhoods, thriving businesses, and wonderful early-twentieth century homes and commercial buildings. The City was incorporated in 1906, and quickly began building up around a busy train depot established by the L&N Railroad (now the Georgia Northeastern Railway). That depot, now the Holly Springs Community Center, was painstakingly restored by the City in the late 1990's and is a source of immense civic pride for the 6,500 local residents.
Holly Springs is easily accessible via two interchanges, Interstate 575 and Interstate 75. The City has an abundant supply of land available for new office and retail development as well as a number of sites already prepared for such development. Details on local economic development opportunities are available through the Holly Springs Business & Professional Association and the City’s Planning Department.
According to today's FMLS data and as I write this, there is a total of 68,137 homes actively listed and on the market in the entire Atlanta metro area. Likewise, as I write this, there is a total of 5 single family homes available and on the market in Holly Springs. Additionally, there is a total of 1 condo/townhome available today in Holly Springs. It is worth noting here that Holly Springs shares its zip code with the city of Canton. It is possible that there could be more homes available in Holly Springs but they have been listed as Canton properties and not Holly Springs. Regardless, the numbers that show up today as specific Holly Springs properties are 5single family homes and only 1 town home.
Actively Listed Single Family Homes
This week, actively listed single family homes in Holly Springs range in price from $165,000 to $325,000. Three of the five properties are located in popular Harmony On The Lakes. The other two properties are located in Holly Commons and The Preserve at Holly Springs.
Actively Listed Condo / Town Home Properties
The only town-home currently available and showing up as actively listed is also located in Harmony On The Lakes. The town home offers 2 bedrooms/2 full bathrooms and is priced to sell at $129,000. This unit offers two owner suites.
Pending Sale
As of today there are two single family homes PENDING SALE in Holly Springs. Both homes are located in Harmony On The Lakes. One home offers 5 bedrooms and 4 full bathrooms and was listed at $319,900. The other property offers 6 bedrooms and 4 full bathrooms. The listing price for the property was $299,900. These homes are scheduled to close on 11/12 and 11/9 respectively. There are no condo / townhomes homes listed as Pending Sale today.
SOLD Properties
There have been four single family homes sold in Holly Springs since the beginning of the year. Three of the four homes SOlD were located in Harmony on the Lakes. The other properties was not listed in a sub-division. The home not in a sub-division sold for $110,000 and was a "fixer-upper". The properties sold in Harmony on the Lakes ranged in price from $245,000 to $326,000. There was one condo / town home sold in Holly Springs since the beginning of the year. It was located in Village at Stoney Creek and sold for $141,129 or 94% of SP/OLP.
It should again be noted that Holly Springs is only 5 square miles and so number of houses available and actively listed, Pending and Sold will be relative to the area.
Regardless, homes are selling Holly Springs. Folks in Holly Springs Love It There! You will too!
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