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Dear Neighbors,
As we enter the Holiday Season our Local Real Estate Market, which covers the Centennial High School district located in Roswell, Alpharetta, and Johns Creek, we are positioned to close out another strong year. The Average Sold price for both detached and attached homes is on pace to set a new decade high for 2016!
A growing trend this year has been downsizing! A number of empty nester clients have recently sold their homes and are moving into townhomes and condo.
Pricing for attached homes are up roughly 10% in our Local Market compared to last year. New developments such as Alstead, The Towns at East Village, Timber Creek, and The Sanctuary at Rivermont are answering the demand. Outside our community Avalon, Overture at Encore, Alpharetta Lofts, Woodlands Reserve, and the Harlow are additional options that our buying clients are looking at.
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LOCAL MARKET STATS
2016 YTD | Attached | Detached |
---|---|---|
Avg Sales, $ | $229,019 | $378,922 |
Sold | 179 | 539 |
Available | 37 | 161 |
Inventory | 2 months | 4 months |
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Nov 11th ~
Nov 12th~
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