There are many things to look for when looking for a house for sale in Atlanta. You can look for properties by Neighborhood, Price range, and Days on market. You can also use search filters to narrow down your results. JamesEdition.com offers luxury homes in Atlanta, from 1 to 9 bedrooms. Each home is on average 335 m2. You can also save the properties you’re interested in to receive email or status updates.
Atlanta is a large city with 242 distinct neighborhoods. Most are located within one of four larger areas. Downtown Atlanta is the city’s commercial and financial center. It also houses Georgia State University’s main campus. Some neighborhoods are particularly popular with young professionals and families. Many of these neighborhoods are characterized by Victorian and Craftsman style architecture.
Avondale Estates is a charming historic neighborhood that sits just outside of Decatur and Atlanta. This neighborhood offers small-town charm and a small-town feel, but is close enough to downtown to provide access to all of Atlanta’s amenities. The neighborhood is home to many historic homes, including Craftsman bungalows and “four-square” homes from the early 1900s. The neighborhood’s association organizes neighborhood events. It also has some of the best elementary schools in Metro Atlanta.
Days on market
The real estate market in Atlanta is currently in a state of transition. After two years of hyper-boom conditions, rising interest rates have slowed the market down. As a result, houses are sitting on the market longer, which gives buyers more time to consider a purchase.
The median days on market for a house for sale in Atlanta has decreased by 7% since July 2017. Inventory is at record lows, and houses that are on the market are being snapped up very quickly. According to a report by the National Association of Realtors, investors have become an increasingly significant portion of the sale’s market. In January 2022, Atlanta homes sold in an average of 34 days.
A high DOM may also indicate that a seller is willing to accept a lower price if no offers come in. While this might sound like a bargain, a high DOM may be a red flag for a buyer. In addition, a high DOM could lead buyers to assume that the seller is unavailable, stubborn, or unmotivated.
There’s a wide variety of price ranges for houses for sale in Atlanta. Prices in this region are rising on a sustained basis. The median price for houses in Atlanta is now $420,000, and the average price is close to $500,000. The Atlanta housing market is still relatively affordable, but prices are soaring compared to last year.
There are nearly 20,000 houses for sale in metro Atlanta, excluding for-sale-by-owner properties. Of those, 104 homes are priced under $200,000. That’s less than half of the available inventory. Prices in Atlanta are rising as the housing market recovers from the financial crisis.
Atlanta is an urban community that boasts a variety of features and amenities. The city is home to the largest airport in the United States, the Hartsfield-Jackson International Airport, and over 14 Fortune 500 companies. In addition, Atlanta has a low cost of living compared to other large cities.