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Wednesday, September 26, 2012

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

If It’s Wednesday, It Must Be Market Conditions Wednesday and time for another real estate status report on another Atlanta metro community. Today we focus on the city of DECATUR. As the county seat of Dekalb County, Decatur revolves around the Courthouse Square. In recent years, the square has undergone a renaissance as small storefront motifs have been preserved, attracting unique shopping, entertainment and dining that includes By Hand South, Square Roots, Eddie’s Attic, Watershed and Supper Club. The square also plays host to numerous festivals, town celebrations and neighborhood parties. Decatur’s downtown area and residential neighborhoods are filled with historic structures many of which are on the National Register of Historic Places. Many are open to the public while some are privately owned and can only be viewed exteriorly. Decatur is home to a diverse population, attracting young professionals, families and retirees. With Agnes Scott College, a prestigious women’s college, and just outside the city limits, Emory University, Decatur is a college town amidst a big city. Older brick homes, smaller bungalows and cottage homes distinguish the community and the surrounding neighborhoods of Avondale Estates, Oakhurst and Candler Park. Today, there are a total of 40,940 homes actively listed for sale in the entire Atlanta metro area including homes for sale in Decatur. Likewise, in Decatur, there is a total of 412 single family and 199 condo/townhomes FOR SALE today in Decatur. Prices for single family homes in Decatur range from $15,000 for a significantly fire-damaged tear-down property to $1.290 million for a 4-sided brick gated European, traditional estate home in close proximity to Emory University with 6 bedrooms/6 full and 2 half bathrooms, Brazillian hardwood floors, elevator and overflowing with character and beauty. Prices for town-homes/condos in Decatur currently range from $7,000 for a condominium needing a significant amount of work to $599,000 for a unit in The Artisan with 3 bedrooms/3 full and 1 half bathrooms in 2,755 square feet with pool, fitness center, security and amenities to numerous to mention. Also today, 336 single family homes and 97 town-home/condos are PENDING SALE. Year to date, from January 1st through September 19th, there have been 1,078 single family homes SOLD and 289 condo/town-homes SOLD in Decatur. Who says homes aren’t selling? Decatur as well as the Atlanta metro area is experiencing a healthy real estate market as “supply and demand” leads us back to a Seller’s market with a price correction. Sara Hibbard is a licensed Realtor in the Atlanta metro area. Sara looks forward to answering your many questions regarding market conditions in your school district or zip code or your specific questions regarding the buying and selling process. If you know someone who owes more than their home is worth and suffering financially and they don't know what to do -- CALL SARA HIBBARD. Sara can help folks avoid foreclosure and save their credit too. www.Georgia-ShortSaleInfo.com and www.SaraHibbard.com Sara is easily reached and invites your phone calls at 404-660-2481. Sara Hibbard is Glad Georgia Real Estate Is On Your Mind!

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