Ansley Park Golf Club, the Piedmont Driving Club, Piedmont Park and Peachtree Street border the neighborhood. It is one of Atlanta's most prestigious neighborhoods; it' been that way for over 100 years. In fact, the Georgia Governor's Mansion was located in Ansley Park for many decades. It was one of Atlanta's first suburban neighborhoods, although, ironically, it's now located in Midtown - which is in the middle of the City of Atlanta.
Ansley Park is a great neighborhood with a lot of character. There are beautiful parks throughout the winding streets. Known for its historic and stunning architecture, Ansley Park is one of Atlanta's most desirable neighborhoods.
Click the link below, if you would like to see the homes currently for sale in Ansley Park.
There have been some recent articles about declining Metro Atlanta home values. But, one must remember, Metro Atlanta is a very large territory. Below is a chart I did comparing residential home values for Metro Atlanta and the two main zip codes for Buckhead: 30305 and 30327. As you can see, Metro Atlanta has continued to slightly decrease, but Buckhead appears to be trending up from its low point in January 2010. Some of the areas in Metro Atlanta have been hit exceptionally hard by foreclosures and too much inventory, but while it hasn't been immune to the downturn, the Buckhead real estate market has shown remarkable resilience. I think one of Buckhead's main real estate benefits is the lack of supply available for new construction - it's limited.
The Atlanta home value indicator I used was from Zillow. The "Zestimate" is not necessarily accurate on an individual basis, but is great when looking at regional market trends. It has a "smoothing" effect on the data, which in my opinion, makes it easier to spot trends on the charts.
In July, I did a chart on the drop in Buckhead home inventory, which dovetails nicely with what seems to be an increase in Buckhead home values.
Here are the months of inventory for Buckhead real estate in Atlanta, Georgia.
Buckhead Houses
The 17 months of inventory is certainly high, compared to the inventory levels of 2005 and 2006, but as you can see from the chart it's down significantly from the worst period of late 2008 and early 2009.
Obviously, the trend seems to be improving. From a pure anecdotal standpoint, my sales activity has really picked up over the last few months.
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