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Subdivision Spotlight –
Spivey Glen Subdivision, Jonesboro, Georgia, 30236 – Henry County Real Estate Market
A six-month market survey of real estate activity in the Spivey Glen subdivision in Jonesboro, Georgia 30236 reveals a relatively stable sales environment. In general, homes sales and prices have been slightly down, as in many subdivisions in the south metro Atlanta real estate market. Over the past six months, Georgia MLS data shows that this small and fairly stable family-oriented subdivision has experienced 5 home sales and there are now 3 homes for sale in the community, with another 3 homes currently under contract.
The average sales price from May-to-November 2011 was approximately $91,000, with slightly less than one home sold per month, after an average of 95 days-on-market.
Highest sale price was $111,000.
The lowest sale price was $74,500.
Of the 3 homes pending settlement, the average list price of these homes is roughly $105,000. We do not know yet what the final sales price will be, but judging by the previously sold properties, we can expect it to be somewhat lower than asking price. These currently pending sales were marketed for an average of 130 days.
These numbers reveal that inventory remains high and prices remain affordable, which means that opportunity is also high for those looking for a stable and family-friendly environment with good interstate access and proximity to all amenities and services.
The way things are currently trending, buyers can expect to purchase a fine family home in this sought-after subdivision at a significant bargain compared to the prices a few short years ago. Sellers who purchased prior to the market top-out in 2007 and have not heavily refinanced during the run-up may hope to see modest gains. In this Jonesboro, Georgia, 30236 Henry County real estate market, now could be a good time to buy or to sell.
Considering buying or selling a home in this area? This market report is here to help you make a sound decision. To see this FEATURED SPIVEY GLEN HOME FOR SALE at 305 Emerald Trace, Jonesboro GA 30236, give us a call.
Want to know what your Spivey Glen subdivision home might sell for today? For information, or to get a free Comparative Market Analysis for your unique property, contact Elva Branson-Lee today.
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Here is straight forward data about home sales in Stockbridge, GA for August, 2011 compared to one year ago and one month ago:
August 2011 July 2011 August 2010
Homes Sold 65 56 49
Average Sales Price $80,045 $105,014 $89,623
Average Days on Market 88 86 84
I did the August numbers first and fully expected July to be between the numbers for average sales price. The August to August numbers go along with what I have seen in the market--that prices have fallen year over year. The high average sales price in July is somewhat of a surprise. In my opinion, that month just had more sales on the high end and less on the low end. Obviously, with the August 2011 number back in the $80's, it was not a trend up in prices.
It continues to be a good time to purchase and not so good for selling.
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Henry County GA Short Sales Resume - Elva Branson-Lee, Best Atlanta Short Sales
The Best Atlanta Short Sales team desires our new Stockbridge, McDonough and Locust Grove clients to be sure they are hiring a team of short sales specialists who get the job done. Before listing your Henry County GA home with us, we openly offer this list of references and short sale successes over recent months and specifically in your area. The team’s short sale success can be attributed to the experience and expertise of it’s leader, Elva Branson-Lee, a Certified Distressed Property Expert.
We hope you will find the following list useful in deciding to call on Best Atlanta Short Sales to assist in the sale of your property.
Successful short sales recently closed in the Henry County and adjacent area: (these lists do not include our traditional sales or other transactions, only short sales in or near your community)
417 Canterbury Way, Jonesboro, GA – June 2011
204 Pauline Place, Stockbridge, GA - May 2011
4316 Catalpa Drive, Ellenwood, GA - April 2011
100 Briarcliff Place, Stockbridge, GA - December 2010
101 Chestnut Knoll, Stockbridge, GA - October 2010
5532 Brenston Way, Ellenwood, GA - July 2010
3705 Arminto Drive, Ellenwood, GA - June 2010
5540 Brenston Way, Ellenwood, GA - February 2010
1360 St. Isabella Court, Locust Grove, GA – January 2010
Short sales we currently have sales contracts on and expect to close soon (in escrow or pending lender approval) in your area:
1365 St. Isabella Ct, Locust Grove, GA
314 Ermines Way, McDonough, GA
168 Celtic Ct, Ellenwood, GA
4333 Southvale Drive, Ellenwood, GA
2512 Brittany Park Lane, Ellenwood, GA
For your further review, here are some testimonials just recently sent to Elva:
First, "THANK YOU" for all your hard work. You were very kind and accommodating to get this sale done. You saved my life. I appreciate you and will certainly recommend you to any potential buyers or sellers. Thanks again, Good Luck & God Speed. -- Mary Robinson, Columbus GA, May 2011
Hi Ms Lee, I was motivated to hire you based on the recommendation. I was informed you were very good at what you do. Based on my experience, you did absolutely well in all areas. You were very professional all the way, you explained in detail the journey of the short sale process and everything you said you would do was DONE.... In my opinion there is nothing I can consider that needs to be changed. I will definitely be using your service in the future and will recommend accordingly. I am indeed grateful and appreciated for your expertise and good service I received and I am most obliged that you would consider using me as a reference . Thank you kindly and continue to do the good work you do so well. Best Wishes Marlina Campbell, Ellenwood GA – May 2011
Your dedication and hard work, the way you pay attention to details and your efficient and prompt response to any questions or concerns we had would prompt me to hire you again. You attended to any needs that we had promptly and kept us updated with all the latest information. – Mhryle Dillett, Douglasville GA – April 2011
Thanks for your patience and hard work on this one. I could not have gotten this done without you. You kept me in the loop about the process and continued to fight for me with Chase. I have a friend who is on the fence about selling his place but when he is ready I will refer you. -- Kenn Nesbitt, Atlanta, GA – April 2011
Elva, Thank you for the great news!! I can't believe it is finally done and over. I will certainly write a letter about my experience. I can't thank you enough for sticking with me throughout the process. I truly appreciate all you have done for me. -- Theresa Nickolich, Tuscon AZ – April 2011
(and here’s the letter):
Dear Elva, Thank you for your perseverance in completing my short sale. I contacted you in 2009 when I was experiencing a hardship and was not eligible to modify my mortgage. You showed the upmost professionalism and walked me through every step of the process. You worked tirelessly to ensure that I was successful even when things did not go as we planned. I can’t thank you enough for sticking with me through the process and ensuring that my short sale was successful. I highly recommend you to anyone that is experiencing a hardship or in need of real estate related services. Forever grateful, Theresa Nickolich – April 2011
Here are samplings of older testimonials that I particularly appreciate. (To see more, visit Elva's profile page):
I would like to thank you for all of your hard work in getting this house sold. Your job was much harder than ours and you never complained. Through the obstacles, the difficulties, you remained committed to helping selling this property. There are no words to express how much I appreciate everything that you did. From the moment you walked through the front door of the house you were committed to getting this house sold. Emotionally I was a wreck, and when I met you, you convinced me that this was the first step in moving forward in my life. Your patience in this process was great and your professionalism, unmatched. Thank you, Elva. Because of all your hard work, I can now move forward with no ties to my past and I have a beautiful future to look forward to. I will definitely recommend you to anyone looking to buy or sell in Georgia. I wish you all the best and many blessings. You're the best! - La'Shawn W., Ellenwood, GA July 2010
Since I met Elva Branson-Lee and contracted her as my Realtor in charge of negotiating the sale of my property, I was very pleasantly surprised at her knowledge of her job, performance, work ethics and professionalism. I have tried several other Realtors but she was the most outstanding of them all. I was impressed with the timeliness in which she handled my case, thus safeguarding my home from foreclosure. This has saved my credit and secured the future of myself and family. I highly recommend her to anyone seeking such service. Thank you again for being so respectful and for your excellent customer service; this will stand out in my memory. Thanks once again, Elva on behalf of the Ramoodit family. - Candesi & Lawrence R., Locust Grove, GA, December - 2009
Elva Branson-Lee was the consummate assistant and professional in helping us purchase an affordable townhouse for our daughter to live in while attending college in Atlanta. Since we live in another state, I relied heavily on Elva in finding and showing my daughter properties, that were safe, affordable, and close to her school. Elva was always available to respond to our questions, and went beyond the call of duty in assuring that we received the best value on our money in purchasing a property that was in bank foreclosure. As a result of her devoted assistance, we were able to reduce housing cost by 50% (half of on-campus housing costs). To other parents of college students struggling with the high fees for tuition and for campus living, I recommend that if you can afford it and are able to, that you consider purchasing a property for your child(ren). Not only will you reduce your costs for housing, but you will also provide them an investment which will increase in value as the housing market rebounds. I also encourage you to call on Elva Branson-Lee to help you navigate the housing waters. Thanks again Elva! - Betty Inge, Frederick, MD , August 2009
Henry County Home Seller, I hope this open letter helps you feel confident in calling on Best Atlanta Short Sales to assist with the short sale of your distressed or upside-down property.
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Jonesboro, Georgia - Another Bank of America Short Sale Success!
SOLD in Henry County -- a luxury short sale in a terrific community. This all-brick executive home in upscale Waterford Pointe subdivision, Jonesboro, GA is the new home of lucky bargain buyers, the Hodges family. Welcome to the neighborhood!
They've purchased a luxuriously appointed home in the community's best location -- right on the lake. Sitting on huge corner lot and full finished basement, this is an outstanding home for entertaining, family living, and lakeside activities of all types.
Wouldn't your family love these features?
Overview Maps Photos Features Description Neighborhood Market Stats |
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Elva Branson-Lee
Solid Source Realty GA (770) 475-1130 ext. 8988 elva@bransonlee.com http://BransonLee.com Listed by: Solid Source Realty GA, LLC |
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FREE SHORT SALE ANSWERS ARE AVAILABLE NOW. Whether it's a short sale in Henry County, Jonesboro, GA or ANY metro Atlanta short sale, CALL Elva 678-855-5238.
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Instead of a foreclosed property in their community, the folks at Hidden Valley Estates subdivision in Stockbridge, Georgia have new neighbors!
Another BANK OF AMERICA SHORT SALE SUCCESS in STOCKBRIDGE, GEORGIA.
This HENRY COUNTY SHORT SALE was recently sold by BEST ATLANTA SHORT SALES TEAM, South Metro ATLANTA SHORT SALES LEADER. The team is led by ELVA BRANSON, CERTIFIED DISTRESSED PROPERTY EXPERT and BANK OF AMERICA / EQUATOR.COM specialist.
This classic executive home features plenty of room for family living and entertaining friends, a full finished basement and designer details throughout. Luxury at a bargain price in a family-oriented and warm community.
What a BARGAIN!!!
Overview Maps Photos Features Description Neighborhood Market Stats |
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Elva Branson-Lee
Solid Source Realty GA (770) 475-1130 ext. 8988 elva@bransonlee.com http://BransonLee.com Listed by: Solid Source GA |
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