For Buyers, For Sellers, Market Survey

Avondale Estates – Market Survey June ‘09

This analysis compares residential single family sales activity from June2007-May 2008 to activity from June 2008-May 2009.

Average Sales Price
7% decrease from $323,964 in ‘07-’08 to $301,575 in ‘08-’09.

Average Number of Days on the Market
6% decrease from 87 days to 82 days.

Number of Homes Sold
7% decrease from 60 in ’07-’08 to 56 in ’08-’09.

Overall Sales Volume
13% decrease from $19,437,840 in ’07-’08 to $16,888,200 in ’08-’09.

Milestone sales within the last 12 months
Most Expensive: A 4 bed/ 3.5 bath on Fairfield Drive sold for $600,000. It was on the market for 140 days.

Lowest Price: A 4 bed/ 2 bath on Third Avenue sold for $51,100. It was on the market for 34 days.  This sale was a bank owned property.

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Elliott Robinson, JD – Associate Broker
Adams Realtors
458 Cherokee Ave. SE
Atlanta, GA 30312
(o) 404-688-1222