Tuxedo Park Real Estate Report – December 2010

Perhaps the lights at the corner of Valley and Habersham were the brightest part of December in Tuxedo Park. There was only one new contract written, one new pending sale and one closing for $1,375,000. There remains 27 available homes, priced from $369,900 to $14.9 million, resulting in a 40-month supply of homes, based upon an average absorption rate of only .67 homes per month in 4th quarter of 2010.

If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of our web site. There you’ll find lots of useful articles that might just help you sell faster!

If you are looking for a home in Tuxedo Park, be sure to check out our Buckhead Real Estate Search.

And, as always, if you have any questions about real estate, feel free to call me at (404) 841-9634.