The information below from my good friend Bob Fiscella and I am always happy to share good financial information as well his informative lists of what houses are on the Dunwoody market. I have referred a number of friends to Bob and will happily do so again.
Someone asked me this weekend, "so, how is the (real estate) market?" For almost five straight years I would answer "fantastic" as I tried to stay positive. Fact of the matter is, and as most of us know, the Dunwoody market, like the rest of metro Atlanta, struggled mightily. Prices reached their peek in the summer of 2007, and had been on a steady decline.
However, the first quarter of 2013 bears all positive news. I'm a big believer in statistics, and the stats for the first three months of 2013 compared with 2012, are all improvements. Again, this is something we couldn't say the last five-plus years.
From January 1 through March 1 of 2012, a total of 35 single-family homes sold in Dunwoody (30338, 30360). The average list price was $349,000. The average sales price was $331,000. The average days-on-market was 146.
From January 1 through March 1 of 2013, a total of 43 single-family homes sold in Dunwoody (30338, 30360). The average list price was $360,000. The average sales price was $349,000. The average days-on-market was 114. That's an increase of 5.2 percent sales price, in 32 less days. In normal market conditions, a homeowner can expect a 4-to-5 percent increase in their home value from year-to-year. All the signs are good.
Currently, there are 78 active listings in Dunwoody, ranging in price from $924,900 to $215,000. There are 58 other homes under contract (an excellent ratio of active listings to pending listings).
To view any of the active listings, click on the first link below (that includes my newest listing at 4868 Mill Brook Dr. in Springfield.
For more information on this home, click on the photo above). To view these listings as a line item report, click on the 2nd link. If you wish to view any of these homes, please contact me bobfiscella@kw.com or 404-644-5220.
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