Virginia Highland Real Estate Trends Report
2Q (April-June) 2017
It was another successful Spring selling season in Atlanta’s Virginia Highland neighborhood! The average sales price continues to climb and homes are still selling at a record pace. View the full Virginia Highland Real Estate Trends Report below…
Virginia Highland Real Estate Market Update | Spring 2017
A total of 26 homes sold in the second quarter of 2017. That’s down about 20% from the same time last year. On a good note, the lower inventory helped to drive up the average sales price from $803K to $847K — a $44,000 (or 5.5%) increase from the same time last year.
Virginia Highland homes ranged in price from $500,000 to $1,550,000.
Because of the low inventory, homes that were priced at fair market value were FLYING off the shelves. The median was only 8 days on the market! The average number of days that it took to sell a home was 57, but if you look at the Virginia Highland home sales at the bottom of this report, you’ll see that 50% sold in one week or less. Those that were priced a bit too high when they initially listed the home, took 40 to 210 days to sell.
The VAHI homes that sold quickly also sold for top dollar. 42% of the homes sold at 100% or more of the listing price!
If you have any questions about this Virginia Highland market update, please call the Grow Atlanta team at 404-205-8800.
We’d be happy to send you a list of all the recent home sales, so you can see how your home stacks up!
Current Virginia Highland Real Estate Listings
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Virginia Highland Home Sales
4/1/2017 to 6/30/2017
|1156||Saint Augustine Pl||5||3.5||$1,395,000||$1,330,000||12|
|1162||Saint Augustine Pl||5||4||$999,850||$1,040,000||3|
|1168||Saint Louis Pl||2||2||$655,000||$614,000||53|
|885||Ponce De Leon Pl||2||2||$550,000||$565,000||3|
Please note that the Virginia Highland real estate data was extracted from the Atlanta FMLS on 8/16/17 by Kerry Lucasse with the Grow Real Estate Group at eXp Realty. Information is deemed reliable but is not guaranteed. If you would like a copy of all the home sales (including property details and photos), please contact Kerry at 404-432-1844 or 404-205-8800.