Kirkwood Atlanta Real Estate - Learn more about the Kirkwood Atlanta neighborhood

Kirkwood Atlanta Home Sales Update for October 2011

It was a pretty quiet month for Kirkwood Atlanta home sales, with only 7 homes selling in October.

The average home sales prices were up from the previous quarter, with the average sale price up more than $20,000 ($197,296 versus $228,700). October's average sale price is close to what we had in the Spring, so hopefully it is a good sign for 4th quarter!

Interesting Finds This Month

• Almost 40% of the homes sold for less than $100K -- This was almost unheard of a few years ago
• 6 of the 7 homes had to reduce their sales price
• 6 of the 7 sellers paid all or part of the buyer's closing costs (so if you are thinking of selling your home, be prepared to contribute to the buyer's closing costs)
• The average time to sell a home was 99 days -- this is up from the 75 day average

Questions about this month's real estate update? Call the Nest Atlanta team anytime at 404.432.1844.

Kirkwood Atlanta Real Estate - Cottage Homes for Sale in Kirkwood Atlanta

JUST LISTED TODAY!

2010 Bixby Street SE | Atlanta, GA 30317

• Renovated from top to bottom
• 3 bedrooms
• 3 full bathrooms
• 2-car garage

This picture perfect 2-story cottage will make your heart go pitter patter the moment you walk through the front door. Gleaming hardwoods, an open floor plan and light-filled rooms really make this home sparkle!

From the spacious living room, you can see the formal dining room and the gourmet kitchen, so it is ideal for entertaining friends and family... or just keeping an eye on the little ones!

The kitchen features custom stained cabinetry, vibrant granite countertops, stainless appliances, and a breakfast that's perfect for your morning coffee. A French door in the kitchen opens to a back deck and fully fenced backyard. The professionally landscaped yard also includes a path to the 2-car garage (a rare find in this price range!).

Also on the main level, you will find hardwood flooring and plantation shutters throughout, oodles of storage, a true laundry room, as well as two spacious bedrooms and two full bathrooms.

As you head upstairs, you will be greeted by an bonus room (perfect for an office / nursery / den) with a small hallway that leads you to the master bedroom. You will feel right at home in this cozy retreat and will appreciate the walk-in closet, extra storage, reading nook, and master bath with separate shower and jetted garden tub.

From this charming cottage, you are less than two blocks from the shops and restaurants in Historic Kirkwood and less than a mile from two recreation areas / parks, the bike path, Oakhurst Village and more.

If you decide to make this your home, you will be part of an active neighborhood association who takes great pride in their Historic Atlanta neighborhood. Also, the neighbors on this quiet cul de sac street are fantastic and are always willing to lend a hand.

Welcome home to 2010 Bixby St SE!

TOUR THIS HOME ONLINE >>

To see this Kirkwood cottage in person, please call Kerry Lucasse at 404.432.1844.

Kirkwood Atlanta Real Estate | Atlanta Bungalows and Cottages | Homes for sale in Kirkwood Atlanta

Kirkwood Atlanta Homes for Sale - Intown Atlanta Cottages for Sale

COMING SOON!

We are thrilled to announce that the Nest Atlanta team will be listing a charming, picture perfect cottage in Historic Kirkwood next week!

More details (and photos) will be available soon, but here's the scoop:

• Renovated from head to toe
• 3 bedrooms
• 3 full bathrooms
• 2-car garage
• Bonus Room
• Gourmet kitchen
• Oodles of storage
• Open floor plan
• Fenced yard
• Quiet street
• Steps away from the shops and restaurants in the Kirkwood Village

Kirkwood Atlanta Home Sales Report for 3Q 2011

The results are in for the quarterly (July - September) Kirkwood Atlanta Real Estate Market Report. There are signs that home prices are stablizing. Read below to learn more...

HOME SALES REMAIN STRONG

...with 30 homes selling in the 3rd Quarter of 2011 -- slightly below the Spring selling season, but almost 20% more homes sold this year than at the same time last year.

HOME VALUES

The average home sales prices are on par with last quarter, with the average sale in the high $190s ($197,296). This is about 7% less than the same time last year, but based on the sales activity this year, our hope is that prices are stabilizing.

20% of the Kirkwood homes sold for under $100K -- This was almost unheard of a few years ago, but there have been more and more homes that have been foreclosed in the past year. On a good note, 20% of the houses that sold were over $300K.

TIME TO SELL (or "DAYS ON MARKET")

In the 3rd quarter the average number of days that a home was on the market was 93. This is up almost 9 percent from the same time last year. It is more than DOUBLE than the 3Q of 2008, just three short years ago.

Only 4 of the 30 homes sold in less than 2 weeks. If you are thinking of selling your home, it is more important than ever to make sure that your home is priced correctly on the day that it is listed. Homes that are overpriced end up taking much longer to sell (120+ days) and end up selling for more than 20% less than they originally listed the home.

QUESTIONS? THOUGHTS?

If you currently live or are thinking about moving to Atlanta's popular Kirkwood neighborhood, we welcome your questions and/or thoughts about the current sales statistics. Sometimes the data doesn't paint the full picture of the local market, so we urge you to speak with a local realtor for more detailed information.

You can call us day or night at 404.432.1844.

Posted by:

Kerry Lucasse - Ian Marshall Realty - Nest Atlanta Real Estate Group

Direct Phone - 404.432.1844

For more information about our team and Intown Atlanta real estate, please visit:

Kirkwood Atlanta Real Estate - Kirkwood Homes for Sale

Kirkwood Atlanta Real Estate

Our new listing at 54 Rogers Street SE in Atlanta's popular

Kirkwood neighborhood will be open this Sunday, June 19th from 2 to 4 pm.

The sellers have done a wonderful job with all of the renovations, so this is one you don't want to miss!

Thank you for visiting our Kirkwood Atlanta Real Estate Blog

Posted by: Kerry Lucasse - Atlanta GA Real Estate Agent - The Nest Atanta Real Estate Group The Nest Atlanta team is part of Ian Marshall Realty, specializing in Intown Atlanta Real Estate, Foreclosures and Bungalows & Historic Homes

CALL ANYTIME AT 404.432.1844

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