Oakhurst, a neighborhood located in the southeast corner of Decatur, Georgia (30030 zip code) is a close-knit community that was built around the Scottish Rite Hospital. Now, around Harmony Park in the central area of Oakhurst there are restaurants such as Mojo's Pizza, Kavarna Coffee House, Universal Joint and The Matador Mexican Cantina. It's a fun neighborhood that families love to pack up their strollers and walk to from neighboring areas like Kirkwood and East Lake.
Although Oakhurst is still an area targeted by young professionals it has not been immune to the current real estate shift.
In 2006 the neighborhood experienced 102 sales. Their average sales price was $317,416. On average, it took 54 days for these homes to sell.
In 2007 there were 98 sales (a 4% decrease). Their average sales price jumped 15% up to $373,791. On average, it took 69 days to sell a home.
The most current data we have shows that, in 2008, there were only 74 sales in Oakhurst and the average sales price decreased by 7% to $349,430.
We have experience and the most up-to-date data and statistics regarding the economics of Decatur, Georgia real estate. Give us a call if you have a question or would like to see more of our most recent Oakhurst statistics.
Kelly Allen
404-606-2219 mobile
Keller Williams Realty Premier Atlanta
404-969-1600 office
www.KellySellsAtlanta.com
Winnona Park, a neighborhood located in the southeast corner of Decatur, Georgia (30030 zip code) is a close-knit college community within walking distance to Agnes Scott College and downtown Decatur's many restaurants, bars and shops.
Winnona Park seems to be bucking this Decatur's current real estate shift.
In 2006 the neighborhood experienced 41 sales. Their average sales price was $376,973. On average, it took 54 days for these homes to sell.
In 2007 there were 73 sales (a 27% increase). Their average sales price was $395,675 (an increase of 5% from the year before). On average, it took 73 days to sell a home.
The most current data we have shows that, in 2008, there were only 33 sales in Winnona Park but the average sales price increased by 13% to $449,810! When many other neighborhoods were seeing sliding home values this Decatur neighborhood saw record increases.
Suffice to say that if you don't have to sell, don't BUT if you are a seller in Winnona Park don't listen too carefully to the doom and gloom about Decatur's real estate market.
We have experience and the most up-to-date data and statistics regarding the economics of Decatur, Georgia real estate.
Kelly Allen
404-606-2219 mobile
Keller Williams Realty Premier Atlanta
404-969-1600 office
www.KellySellsAtlanta.com
Kelly's back on the Wes Moss show (www.WesMoss.com) THIS Sunday, 3/16, from 11am-12pm! Tune in to hear her comments and observations on Atlanta's 1st quarter market!
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.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
