If It's Wednesday, It Must Be Market Conditions -- Wednesday!
Happy New Year! As we start the year off on this the first Wednesday of 2012, the spotlight shines on the city of ATLANTA! This includes homes mostly in FULTON County, with some addresses in Dekalb and Cobb Counties too.
Atlanta is the most populous city in the state of Georgia.
According to the 2010 census, Atlanta's population is 420,003. Atlanta is the cultural and economic center of the Atlanta metro area, which is home to 5,268,860 people and is the ninth largest metropolitan area in the United States. Atlanta is the county seat of Fulton County, and a small portion of the city extends eastward into Dekalb County too. A small number of Cobb County addresses are counted as Atlanta addresses too.
Today, Atlanta is a major business city and the primary transportation hub of the Southeastern United States (via highway, railroad, and air), with Hartsfield-Jackson Atlanta International Airport earning the distinction of being the world's busiest airport since 1998. With a gross domestic product (GDP) of US$270 billion, Atlanta's economy ranks 15th among world cities and sixth in the nation.
The city is a center for services, finance, information technology, government, and higher education. Atlanta contains the country's third largest concentration of Fortune 500 companies, and more than 75 percent of Fortune 1000 companies have business operations in the metropolitan area. Metro Atlanta is the world headquarters of corporations such as The Coca - Cola Company, Turner Broadcasting, The Home Depot, AT&T Mobility, UPS and Delta Air Lines. Atlanta is also home to CNN. As of 2010, Atlanta is the seventh most visited city in the United States, welcoming over 35 million domestic and overseas visitors per year. Atlanta is renowned for its robust cultural institutions, which draw creative people and audiences to the city for theater, the visual arts, and music.
Geographically, the city is marked by its mild weather, rolling hills, and a dense tree coverage that is unique among major U.S. cities. Gentrification of Atlanta's neighborhoods, initially spurred by the 1996 Olympic Games, has intensified in the 21st century, altering the city's demographics, culture, and image.
As I write this, it might interest you to know that today, there is a total of 45,448 single family homes actively listed and on the market in the entire Atlanta metro area including the city of Atlanta. That's down from a total of 52,587 on November 9, 2011.
Likewise, there is a total of 2,941 actively listed single family homes on the market today in the city of Atlanta. Also, it is worth noting for Investor's, a total of 803 single family homes listed at or UNDER $100,000 in the city of Atlanta.
Currently prices range from $4500 for a "fixer-upper" quaint 3 bedroom / 1 bath bungalow home to the highest priced property in the Buckhead area currently listed at $19,9 million. This gated and secure palatial masterpiece, with a premier address on West Paces Ferry Road offers 9 bedrooms with 11 full and 4 half bathrooms, gilded elegance, marble floors, theater, pool, 4+ car garage, on more than 2 acres and amenities too numerous to mention.
Today, there are 902 single family homes Pending Sale in the city of Atlanta. They range in price from $10,000 to $7.9 million.
Homes Are Selling In The City Of Atlanta!
Since November 1st, 2011 -- which was only 65 days ago -- 813 single family homes have SOLD and CLOSED in the city of Atlanta. The prices ranged from $2,100 for a brick front home with 1 bedroom/1 full bathroom built in 1960 needing major repairs and renovations to $6.5 million for a Bill Baker designed and custom built Georgian perfection on parklike +/- 4acre
lot. Brick, stone, and slate construction with impeccable finishings and incredible amenities. Built in 2005, this home offers 13,702 square feet of living space and 7 bedrooms / 8 full and 4 half bathrooms.
As you can clearly see, homes are selling in the city of Atlanta! What are you waiting for? Do you have a New Years Resolution that includes hunting for your "ideal" home? Call me for a tour of homes in Atlanta or the Atlanta metro area.
Sara Hibbard is a licensed Realtor in the state of Georgia and works in the city of Atlanta and the north Atlanta metro area. Sara is ready to answer your many questions regarding the Atlanta metro real estate market in general or specifics regarding the relocation / buying / selling process. Sara Hibbard looks forward to assisting all your real estate needs when the time is right for you. Sara can be reached anytime at 404-660-2481 or by e-mail at Sara@SaraHibbard.com. Visit Sara's websites at www.AtlantaMLSHomes.com, www.SearchWoodstockHomes.com, www.ShopCantonHomes.com, www.SaraHibbardHomes.com and www.SaraHibbardRealEstate.com. Sara Hibbard is Glad Georgia Real Estate is on Your Mind!
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