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Ellenwood GA Real Estate Sales are picking up steam, as prices rise slightly in the first quarter of 2012.
A few blog posts ago I reported that Ellenwood GA real estate is on sale at the most affordable price points in a decade. Well, buyers have gotten the message, and as demand goes up, so do prices.
The average price of Ellenwood GA homes for sale took a tremendous dip after 2008, and remained flat through 2011. But in the 1st quarter of this year, prices are definitely trending upward again. The average price for both market sales and bank-owned sales climbed back up above $150K.
Today’s charts shows selling prices at an average high of $180,090 in January 2012 as compared to a low of $93,346 in October. Bank-owned properties sold at an average of $157,960 last month. With the spring selling season in view, Ellenwood GA home selling prices are once again trending upward, and the average price of new offerings coming on the market was about $135,170 in January.
If you are thinking about buying or selling real estate in Ellenwood GA, consider these current trends. Perhaps it's time to get off the fence and make your move.

But first, begin by getting expert help to interpret the market and get you the best results. Start right here, with Elva Branson and the Best Atlanta home sales team.
For more details about this featured Ellenwood GA short sale bargain at 3880 Busby Mill Ct in Legacy Mill subdivision, contact us today.
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Ellenwood GA Real Estate Sales - Trending Toward Affordability in 2012
Based on information from the Georgia MLS, today’s Market Snapshot of Ellenwood GA real estate market shows a definite trend towards affordability in single family housing. In the past six months, the vast majority of sales in the metro Atlanta east suburban city have been single family homes which sold for less than $100,000 -- incredibly low prices compared to recent years.
One hundred and eighty-five homes sold in this price range since August of 2011, and there are an additional 163 homes currently available at these fire-sale prices. These prices represent roughly half the median prices that were offered during the height of the real estate run-up a few short years ago.
Not one property sold for more than $400,000, and currently there is only property on the market priced in that price range.
What does this mean for those who want to buy or sell real estate in Ellenwood, GA now? If you are looking to buy in this superbly located bedroom community, there’s never been more bargains on the market than there are today. So don’t wait until the prices begin to inch back up. The time to buy is now.
If you plan to sell your Ellenwood GA home, you need to carefully consider your options. Many Ellenwood home owners are currently underwater in their mortgages, and might do better to stay in their property, or rent it out until the market improves. If you MUST sell now, you will likely need to bring cash to the closing table or secure your lender’s approval for a short sale. If a short sale seems the right choice for you, do yourself a tremendous favor and call on an expert short sales specialist to help you through your lender negotiations.
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For Newbies: How I post hyper-local content on my Ellenwood GA real estate blog:
When I'm writing for hyper-local search engine juice, I start by choosing a good long-tail keyword phrase to build your blog around. You can use Google’s free keyword tool to help you get started. Don't worry if you've never tried this before. Google provides all the instruction you need to use their keyword tool.
A good example of a long-tail hyper-local keyword phrase might start with "City-State-Subdivision" and then something specific to that community or its housing. For instance, since I'm a Georgia short sales specialist, I might choose "Ellenwood GA short sales in Misty Lake Subdivision" as my phrase, and write around that. You might notice that I've emphasized certain keyword phrases in this paragraph with bold print. You should do the same, and use those phrases as tags for your blog, as well as the main long-tail keyword phrase.
You might even have opportunity to talk to a few residents and just ask them, "What's the benefit of living and/or working in this community?" If you can get their feedback as live video footage to include in your post, that would be even better.
Compile the facts that will flesh out your story. You remember the basics of good writing as learned in the 4th grade, don’t you? Who, what, where, when, why and how! These old standbys worked then and still they work now.
Remember to keep the writing lively, short and to the point. It’s a local-interest post, not a dissertation.
Last but not least: Don’t forget to add some photos of the area. Photos, not clip art. Even something as simple as this amateur shot I took of the Misty Lake subdivisioin in Ellenwood Georgia. (See, I did the long-tail keyword thing again, I just mis=xed it up a little.)
Including your own photographs of the area show the world that you've been there and therefore know whereof you speak.
Besides, readers love photographs of real estate and local landmarks.
So, there you have my Google-juicy secrets to building hyper-local blog posts. I learned almost all of this right here in the Rain. So can you. Now, go write.
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Legacy Mill in Ellenwood GA --Subdivision Spotlight –
What makes the Ellenwood Georgia Legacy Mill subdivision so popular? The signature large and spacious floor plans, coupled with good proximity to everything Atlanta has to offer, are just two of the reasons. Metro Atlanta buyers flocked to buy new homes in Legacy Mill a few years ago. While there is no more standing new home inventory, resales offer great value right now.
Even this popular subdivision reflects the general slowdown of activity in the south metro Atlanta real estate market in the past year. A year-over-year market analysis of real estate activity reveals that, in general, home sales and prices have both been down in the last 12 months as compared to the year before.
The Georgia MLS reports that there are currently 5 homes for sale in Ellenwood, GA Legacy Mill subdivision, with asking prices between $114,900 and $140,000. The median asking price is about $130,000, meaning half of the current inventory is price above this price, and half is priced lower.
So, if you think you’d like to buy a house in Legacy Mill, know that the inventory is limited and sitting on the fence could see your dream home snapped up by a more

aggressive buyer. If you’d like to take a look at this featured home for sale in Ellenwood GA Legacy Mill located at 3880 Busby Mill Court, Ellenwood GA 30294, a buyer specialist on the Beat Atlanta Short Sales Team can help you.
If you have to sell your Ellenwood Georgia Legacy Mill property now, most likely you are upside down, owing more on your current mortgage than the property will bring on today’s market. If you do not want to end up bringing cash to the closing table, you might do well to consult a short sales expert from the Best Atlanta Short Sales Team.
Considering buying or selling a home in this area or subdivision? This market report is here to help you make a sound decision. The way things are currently trending, buyers can expect a very competitive market environment due to reduced inventory and sellers have little hope to see even modest gains.
For more information, or to get a free Competitive Market Analysis for your unique property, contact us today.
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Ellenwood GA Short Sale Bargain in Legacy Mill Subdivision
Ellenwood GA real estate home sales continue to hold steady as the overall Atlanta-area market bounces along the bottom, the market corrects and values normalize.
Legacy Mill is one of three Legacy communities constructed in Ellenwood in the mid-2000s.
These communities offer spacious brick-front homes with sturdy hardi-plank siding. Model feature generous floor plans to meet the needs of today’s burgeoning need for multi-generational housing: 4-6 bedrooms, 3-4 baths, large kitchens with breakfast areas, desirable designer details, master-suites with garden baths and sitting areas, separate living, dining and family rooms, and integral garages.
Over the past year, homes sold in Legacy Mill in Ellenwood, Georgia have averaged a selling price of about $139,000. There are currently 5 homes for sale in Ellenwood, Georgia’s Legacy Mill subdivision, at an average price of about $130,000, with the highest available property priced at $140,000 and the lowest a short sale bargain at $129,000.

If you are thinking of buying or selling a home in Ellenwood GA in the Flakes Mill/River Road area, you should try not to miss the values offered now at Legacy Mill, such as this featured short sale at 3880 Busby Mill Ct. For assistance with your Ellenwood home search or home sale, call on the Best Atlanta Short Sales Team today.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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