Archive for category Atlanta Real Estate
November Real Estate Update for Vinings and Buckhead
Posted by thunsicker in Atlanta Real Estate, Data and Statistics, State of Real Estate Market on November 11, 2015
October real estate transaction volume is down in Vinings and Bulkhead, but not as severely as it was in September and August which was dramatically down month over month and year over year.
Vinings numbers are somewhat misleading as the transaction volume has been so low that percentages don’t seem relevant. The most notable thing to me was that the average sales price was under $800k, which says the main things selling are pretty close to lot prices, not so much resales.
In Buckhead, sales were down 14% year over year and 8% month over month. Buckhead is a much bigger market, so its most likely a seasonal dip in sales and a lack of inventory in the year over year sales.
June 2014 Market Update
Posted by thunsicker in Atlanta Real Estate, Preparing Your Home For Sale, State of Real Estate Market on July 31, 2014
Whether you are actively buying or selling or you are just curious what the market is doing, Berkshire Hathaway HomeServices Market Updates are full of interesting and useful information. View the June update for Buckhead here:
June 2014 Buckhead Market Update
Click here to view additional market update videos.
Please contact me if you have any questions about any aspect of the real estate market. I would love to discuss it with you.
Tina Hunsicker
tinahunsicker.com
(404) 931-3944
SOLD: 5247 Vernon Springs Trail
Posted by thunsicker in Atlanta Real Estate on July 21, 2014
Sadly, my client is relocating and having to leave this fabulous home. Their loss could be your gain. This traditional style brick home is on almost 1 acre private wooded lot on a cul de sac street in prime Sandy Springs /Buckhead location. Gracious sized rooms with 9 ft. ceilings and full finished walk-out daylight basement are just a few features to see. The kitchen is newly remodeled as was the secondary bath upstairs. All hardwoods on main and up, gated driveway and fabulous backyard. This home is so close to private schools and award winning Heards Ferry Elementary School. Visit my site for the full listing.
Overview: 3,300 sq. ft., 5 bedrooms, 3 full/1 half bathrooms
Schools: Heards Ferry/ Ridgeview/ Riverwood
List Price: $782,500
5247 Vernon Springs Trail Sandy Springs, GA 30327
As always, please contact me if you have any questions or would like to see this home. I would love for this to be your future home!
Tina Hunsicker
tinahunsicker.com
(404) 931-3944
SOLD: 123 Luckie Street, Unit 2412
Posted by thunsicker in Atlanta Real Estate on February 24, 2014
This condo at 123 Luckie St. is the perfect pied-à-terre for a busy working professional. Located near Centennial Olympic Park, the Westin and all downtown locations, this loft style building boasts 10 ft.+ high ceilings, floor to ceiling windows and open floor plans. The kitchen has Siematic Cabinetry and stainless appliances. It is a true one bedroom with walk-in closet, separate eating area or office and laundry room. This unit is convenient to the elevator to garage. Enjoy walking to the sports venues or CNN Center.
Listed at $147,500. Please contact me with any questions or to view this beautiful condo!
Bieber home shopping update
Posted by thunsicker in Atlanta Real Estate, Famous People in Atlanta on February 20, 2014
It looks like Justin isn’t ready to commit. According to TMZ, he has decided to rent for three months until he finds that perfect location. Like I said, I didn’t believe the other rumor since that house is so close to the street, but this house, the craziest house in quasi Buckhead (more Sandy Springs than Buckhead), makes sense. His temporary Atlanta home is that of record producer Dallas Austin. The four bedroom 5,500 sq. ft. home resembles a spaceship.
If he wants my opinion, he should just pay the big bucks and buy Tyler Perry’s estate on Paces Ferry Road for $28M. It has the security and privacy he needs, and is such a good location with easy access to I-75 to get intown and go to the airport. This estate would require a lot of upkeep and maintenance with the fabulous grounds and gardens and it comes with quite a hefty tax bill which was reduced in 2012 to $285,000 but was as high as $397,771 in 2010, though, so I guess his search continues… I use to have a listing in Ball Ground that has studio already built in, would definitely give him privacy too. I’ll have to think more about what will fit the bill.
Justin Bieber is home shopping in Atlanta
Posted by thunsicker in Atlanta Real Estate, Buckhead, Famous People in Atlanta on February 19, 2014
UPDATE 2/24/2014 Bieber tweeted that he never even looked at this home. There was even a stunt by morning DJ’s that has been published to make fun of the whole thing. Anyway, he’s here in a rental but this is NOT going to be his house. Great publicity for the agent and great exposure for the house is all that really came out of the rumor.
Atlanta is home to many celebrities, and it looks like another one might be heading our way.
Justin Bieber has been looking to make Atlanta his home so he can be closer to the thriving hip hop community. According to TMZ, he has his eye on a sprawling estate off Blackland Road in Buckhead. Listed at $10,950,000, this 16,000 sq. ft., 7 bedroom/13 bathroom home has a lot to offer from energy efficient geothermal HVAC systems to a 70 foot pool/spa, gym, elevator and much, much more.
It is yet to be seen whether he really is interested or if this is just a way to generate interest in this property. According to his published interests – can’t be visible from the street (preferably secluded on 5+ acres), minimum of 10,000+ sq. ft., and lists for between $4 and $10 mil., this may not be the home for him. While the price and size may suit him, we’ll have to see whether he will settle for less acreage; the lot is listed at less than two acres.
Photo credit: Zillow.com
October Market Update
Posted by thunsicker in Atlanta Real Estate on November 19, 2013
Here are the Prudential Market Updates for Buckhead and Vinings in the month of October:
Sales in Buckhead have dropped month over month and year over year. I believe this is primarily due to decreased inventory, but it is also a seasonal adjustment. As a result with 6 years of inventory available, sales are slowing and inventory is climbing in the the over $2M market.
October Market Update – Buckhead
Vinings remained steady with a much higher increase in sales price. I believe that is primarily due to the higher end homes (at and over $1M) moving again at a great pace. Many of those homes had been on the market for quite a while, but with no new inventory coming on the market, I believe buyers finally picked from what existed versus continuing to wait and hope for what they wanted to come on the market. We had a great flurry of the newer high end homes sell this spring and finally this fall the remodeled high end homes have gone under contract. That could partially be due to the sellers compromising further in price as well.
October Market Update – Vinings
I’m including more specific Vinings data from another source as well that I find to be interesting.
Under $800k
| Location: | ZIP 30339 |
| Price Range: | $0 – $799,999 |
| SQFT Range: | 0 – No Limit |
| Property Types: | Residential Detached – All Properties – All Properties |
| Bedrooms: | 0 – No Limit |
| Full Baths: | 0 – No Limit |
| Half Baths: | 0 – No Limit |
| Year Built: | 0 – No Limit |
Look at the balancing of inventory to demand that has taken place over the past year in Vinings under $800,000. Inventory has steadily declined and transactions have increased. This is great news as well. It shows us that homes in 30339 that are priced right will sell.
$800k and Up
| Location: | ZIP 30339 |
| Price Range: | $800,000 – No Limit |
| SQFT Range: | 0 – No Limit |
| Property Types: | Residential Detached – All Properties – All Properties |
| Bedrooms: | 0 – No Limit |
| Full Baths: | 0 – No Limit |
| Half Baths: | 0 – No Limit |
Notice the volume of sales in April (which were newer construction over $1M) and then last month. I’ve pulled this over the past 2 years to show you the significance in the volume change. There has been pent up demand for the higher end homes, but the remodels weren’t selling this spring and then, as of last month, they are moving. This definitely sends us a message that buyers want Vinings enough to compromise or set their expectations a bit higher on price points. This is great news for us and also indicates a need for high end homes on the market in Vinings again.
As always, let me know if you might be interested in selling as I have buyers that are still looking!
New mobile app for local real estate
Posted by thunsicker in Atlanta Real Estate, Prudential Georgia Realty on November 11, 2013
Prudential Georgia Realty has introduce a new mobile app for Android and iPhone! For instructions on downloading it, text TinaH to 404-620-2300. Even if you aren’t shopping, it’s fun to keep up with everything that’s going on in the market. Here are a few of the great features available:
- Best Local Real Estate App for Greater Metro Atlanta
- Listings from all MLS’s
- Sold Properties from MLS
- Recently Rented from MLS
- New Home Properties
- Short Sales/Foreclosures
- Property Scan/Augmented Reality
Download it and let me know what you think of it!
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