Posts Tagged 30327
Beautifully maintained and move-in ready on a rare level lot in Buckhead’s Chastain Park neighborhood, this traditional Cape Cod is a lovely classic family home with tons of curb appeal.
The main floor features a lovely center staircase and has formal living and dining rooms (as well as family rooms at the rear of the main floor). Polished hardwood floors flow throughout the home – which is great for allergy sufferers!
A sunny kitchen and family room for more casual living have a color scheme that brings the colors of nature into the home.
The updated eat-in kitchen faces the lush back yard with its flagstone patio and mature plantings. Fresh white cabinets, a kitchen island, and a breakfast area make this perfect for Saturday morning pancake breakfasts
Hang a bird feeder right outside the window over the huge kitchen sink! Also, new windows!
Enjoy time on your bluestone patio with a neighborhood cookout! A cozy family room with fireplace and built-in bookshelves brings the outdoors inside with french doors and floor to ceiling windows.
The family bedrooms are spacious , including a large bedroom with a full bath on the main floor.
The master suite is on the second floor with windows on three sides.
The master suite has been reconfigured with plenty of closet space, and a beautiful updated master bath with dual sinks, a glass wall walk in shower and large soaking tub. There is also an adjoining office which could serve as a nursery or private exercise room.
A full, finished walk-out basement, perfect for a play room or hobby room has a large finished storage space as well. Recessed lighting keeps it light and bright!
Chastain Park is one of Buckhead’s most desirable communities, with walking trails, the wonderful amphitheatre and arts center, and a great swim and tennis center.
You can visit my website for more details but feel free to call me with any questions. I’d love to show you this idyllic home!
4590 Jettridge Drive NWAtlanta, GA 30327
Property overview: 4 bedrooms; 3 bathrooms; 24,70 sq.ft. ; hardwood floors throughout; Cape Cod traditional; daylight finished basement; 2 car garage; cul-de-sac location; level lot; Chastain Park neighborhood
Schools: Jackson / Sutton / North Atlanta
Offered at $925,000
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
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!
Can I hear a big woo hoo from everyone out there. This is something I’ve felt since last October and recently in competitive bidding on properties. I’m thrilled that it shows that prices are coming up. The appraisals have been lagging slightly, but we are making the transactions happen. Super low interest rates and the bottom is behind us. If you haven’t made the move yet, you’re missing out! Lump California together and we’re actually number 4 in low inventory. Prices were down so low and many people have chosen not to sell at those prices. Now that pricing is coming back slightly it may be time to go on the market! Let me know if I can help!
Top 10 metros for shrinking inventory
Realtor.com data shows 20 percent annual decline in US listings in May
By Inman News, Wednesday, June 13, 2012.
Editor’s note: Data collected and analyzed by Realtor.com through May 2012. Includes single-family homes, condos, townhomes and co-ops.
The national housing market continues to stabilize, according to data compiled by Realtor.com for 146 U.S. metros through May 2012.
May continued April’s year-over-year upswing, with for-sale inventory dropping 20.07 percent, median list prices jumping 3.17 percent to $194,900, and median age of for-sale inventory falling 9.78 percent compared to a year ago.
|Data Point||Percent Change, May 2012 vs. May 2011|
|Number of Listings||-20.07%|
|Median List Price||3.17%|
|Median Age of Inventory||-9.78%|
As of May, national for-sale inventory stood at 1.88 million units, roughly 60 percent of a September 2007 inventory peak of 3.1 million units (2007 was the first year Realtor.com tracked this data nationally).
Despite a slight 1.96 percent month-over-month increase in national inventory — expected because listings usually swell during the springtime buying season — all but two of the 146 metros Realtor.com tracks had fewer homes for sale than a year ago.
Some of those markets hit hardest in the housing crisis — Atlanta and metros in Florida, Arizona and California — are showing some consistent, month-by-month turnaround. In May, Phoenix, Tampa-St. Petersburg, Fla., and Atlanta were among the top 10 metros Realtor.com tracks with year-over-year percentage drops in for-sale inventory.
This month, six of the metros in the top 10 that saw the greatest reduction in inventories from a year ago were in California, including three in the San Francisco Bay Area: Oakland at No. 1 (56.6 percent fewer listings than a year ago); San Jose at No. 6 (40.88 percent fewer listings); and San Francisco at No. 10 (38.9 percent fewer listings).
Top 10 metros for greatest year-over-year reduction in for-sale inventory, May 2012
|Rank||Metro||For-sale inventory, percent change, May 2012 vs. May 2011|
|6||San Jose, Calif.||-40.80%|
|7||Tampa-St. Petersburg-Clearwater, Fla.||-39.76%|
In compiling statistics for Buckhead’s most elite zip code, 30327, it is harder to elaborate on each house sold since the volume is so much higher. I have a few comments here and then charts below with more information about real estate trends in Buckhead during 2011.
- First and foremost as I’ve mentioned before, inventory continues to decrease in Buckhead.
- Even though prices are still soft, but not declining further, it looks like we are headed into a much more stable market as inventory levels are under 12 months.
- The trend is decreasing for foreclosures and we’re seeing less and less of them.
- The other interesting thing to note is that where the average price point is for homes that are for sale is almost double where the average price point for what is selling; that tells us something too.
The product on the market is priced higher than where the buyers are.
With mortgage rates under 4%, around 3.75% right now, people can trade up in their homes if their current house will sell. The problem is that if they sell their current houses at where the market demands they are losing equity and don’t have the 20% to put down on the next house and most Jumbo mortgages are still requiring 20% down.
The exception to that scenario is for doctors. I’ve sold quite a few properties to doctors this year and they can still get 95% loans with certain conditions. So if you’re reading this and you are a doctor, it is the perfect time to buy!
For the Atlanta real estate market to turn into a sellers market we’d have to get inventory levels to about 6 months. However, at various price levels I’m receiving emails daily asking if I have anything coming on the market that isn’t on yet. These inquiries tell me that there’s pent up demand and good homes that are priced to the current market will sell pretty quickly.
I’m glad to pull specific neighborhoods, streets, price points, etc. for you to look at homes that are listed for sale in the Buckhead market (or anywhere in Atlanta!) if you’re interested.
I know most of us don’t like what our houses are worth today and if you’re still wondering, I can run a Case Shiller index for you, pull neighborhood comps etc. It’s usually not as bleak as Zillow suggests!
For the 30327 Buckhead market the trend is very different than the Vinings real estate market in 30339. What we’re seeing is consistent sales that are the same as last year, not down like Vinings.
The interesting thing about the Atlanta zip code 30327 in Buckhead (and I know this to be true from my clients who are looking to purchase) is that the inventory is really low.
We don’t see many new homes for sale in Buckhead entering the market and the inventory is getting eaten up so prices have stabilized more. I fully expect to see prices begin to increase slightly in 30327 as demand continues to increase and inventory does not.
If a client is trading up this is still the time to do it, but for those downsizing or having to participate in this market for relocation purposes it still remains tough.
Statistically we are back to 1998 pricing. So if you think your house was worth “x” in 2005 that’s not the value anymore. Think back to what it was worth in 1998 and that’s what you’ll most likely get in today’s market.
I also run a Case-Shiller index for my clients to help exhibit what that value most likely is for their home.
Give me a call or text to 404.931.3944 or email email@example.com if you’d like me to provide this free analysis for you.