McDonough, GA

McDonough GA Home Sales - Boost for the Henry County GA Real Estate Market

Henry County, GA remains one of the most sough-out areas for people relocating to ro moving in the south metro Atlanta area. The city of McDonough, with it's old-town square and southern charm, is one of the county's major draws as homebuyers seek the good life of suburbia close to a major American metro.

Watching the market is an important preliminary step when deciding where and when to buy or sell your McDonough, Georgia home. There is good news in the market absorbtion rate shown below. After several years of excess inventory, months supply of homes for sale is now leveling out to a more normal and healthy 6-month supply.

Like many areas of the metro Atlanta GA real estate market, increase in home buying activity, and lessening of distressed property flooding onto the market are two reasons for this welcome change in McDonough.

Sales activity remains brisk, with a whopping 641 homes purchased over the past 12 months, ususally in about 4 months of being on the market.

Finding comparable sales information for determining price for either a listing or a purchase is an important part of making sure you are getting the best price for your McDonough home, whether buying or selling.

Be certain to seek out a real estate agent who is an expert in McDonough, Georgia real estate to help when doing your research.

For a complete list of Homes for Sale in McDonough, Georgia, please call me or request an McDonough Hotsheet at www.BransonLee.com.

If you are interested in buying or selling your McDonough, Georgia Home, for the most amount of money in the shortest period of time and the fewest amount of headaches and hassles, then call me, Elva Branson-Lee, your South Metro Atlanta Specialist, at Solid Source Realty GA, 770-475-1130 ext. 8988.

Below is a chart showing homes sold in McDonough, GA in August 2011, August, 2010 and July, 2011 for comparison:

August, 2011 July, 2011 August, 2010

Homes Sold 107 121 102

Average Sales Price $116,796 $117,149 $133,933

Average Days on Market 118 94 85

Unfortunately, these figures match my experience that prices have still been falling. There have been no significant new incentives for people to buy, so the number of homes sold has remained steady.

The Lake Dow community is a nice area with a lake (obviously) and golf course. In the last six months, there has been an average of one home sale a month. Here is the break down by month:

July one sold at $135,000

August two sold at $162,000 and $175,000

September one sold at $232,500

October one sold at $200,000

November one sold at $259,000

December one sold at $261,500 (through December 21)

If you are interested in buying or selling in this area, please give me a call at 770 351 7755 or check out www.marshacash.com.

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As part of a 30 day blog challenge I am taking part in, it has been suggested to me that I could write about free things to do in Henry county, GA. I am going to detail these 25 free things one at a time in a series of blogs. I hope you and your family and friends will take some time to check out a few of them and maybe even report back to me on your experience.

The first free thing to do in Henry county, GAis to visit 34 acre Sandy Ridge Park in McDonough, located off of Keys Ferry Road. Sandy Ridge Park has the following amenities:

• BMX Track
• 2 tennis courts
• .8 mile paved walking / jogging track
• Outside basketball courts
• 2 picnic pavilions
• 2 play areas
• 1 lighted baseball field
• 3 lighted softball fields
• 2 concession stands
• Gazebo

My children LOVE to play on the playgrounds!

The BMX track is very popular and hosts many race events.

This park has tons of free things to do!

Be sure to check back in tomorrow for more free things to do in Henry county, GA!