Kirkwood Atlanta Real Estate Market Report
2Q 2016 (April 1-June 30) :: Historic Kirkwood Neighborhood
For the last 5 years, the Kirkwood Atlanta real estate market has been heating up and now it is almost too HOT to touch! Buyers are coming in droves but either can't find a home in their price range or lose the bidding war for their dream home. While this is a challenge for home buyers, Kirkwood has some of the happiest home owners and home sellers in Metro Atlanta. You'll understand why when you read the jaw-dropping, record-breaking home sales statistics below. Enjoy!
- KIRKWOOD HOME SALES: Over the last five years, an average of 52 Kirkwood homes sold in the 2nd quarter of the year (i.e. the "spring selling season"). This year, 56 homes sold, up from the 5 year average and down from the same time last year when 68 homes sold. The demand for homes in this neighborhood is definitely there, so if more homes were available for sale, that number would have certainly gone up. Only 10% of the homes sold in Kirkwood were new construction.
- AVERAGE SALES PRICE: The average sales price for 2Q 2016 was $388,125. That's right on track with the first quarter of the year ($385K), but is a whopping $51,000 HIGHER than the same time last year (15%!).
- The median single family home sales price was $398,500
- Kirkwood home sales ranged in price from $130,000 to $675,000
- Kirkwood Home Buyers are still paying TOP DOLLAR -- For the first time in at least the last 8 years, Kirkwood homes sold at 101.3% of the asking price, on average. Over the last few years it's ranged from 97 to 99%.
- An astounding 73% sold at or OVER the asking price.
- The good ones are still selling FAST! The time it takes to sell a home in Kirkwood was 31 days on average and 61% of the properties sold in less than 2 weeks. The median # of days to sell a home in Kirkwood was just TEN -- yes, just 10 days to sell a home -- and that's most likely a more accurate reflection of the current Kirkwood Atlanta real estate market.
Overall, the Spring 2016 selling season was record breaking in the Kirkwood Atlanta real estate market! Home prices continue to climb at a rapid pace, listings were still selling quickly and a majority sold at or over the asking price.
For those of you that have been reading our Kirkwood market updates for the last few years, we can confidently tell you that
THIS IS THE TIME TO SELL YOUR HOME if you've been on the fence. The real estate market is cyclical and based on everything we've been reading on a national level and the Metro Atlanta stats, things are already starting to slow in other areas and we will probably start to see it here in Kirkwood within the next 12 to 18 months.
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Kirkwood Homes Sold
4/1/2016-6/30/3016 :: Current homes for sale in Kirkwood Atlanta
| ADDRESS |
BEDS |
BATHS |
SQ FT |
LIST PRICE |
SALES PRICE |
DOM |
| 137 Mellrich Ave |
4 |
3 |
2,800 |
$675,000 |
$675,000 |
97 |
| 366 Leland Terr |
4 |
3.5 |
2,811 |
$588,900 |
$591,400 |
239 |
| 2131 Ridgedale Rd |
4 |
3 |
2,632 |
$560,000 |
$575,000 |
3 |
| 286 Norwood Ave |
4 |
3 |
2,958 |
$599,900 |
$564,540 |
139 |
| 21 Lakeview |
4 |
3 |
3,050 |
$599,900 |
$557,500 |
39 |
| 276 Kirkwood Rd |
4 |
4 |
2,508 |
$549,000 |
$549,000 |
8 |
| 133 Warren |
4 |
4 |
2,470 |
$525,000 |
$534,000 |
7 |
| 296 Rockyford Rd |
4 |
3 |
2,300 |
$515,000 |
$520,420 |
10 |
| 131 Howard St |
4 |
3.5 |
2,896 |
$549,900 |
$515,000 |
122 |
| 1927 Hallman St |
3 |
2.5 |
2,376 |
$499,900 |
$515,000 |
9 |
| 150 Palatka St |
5 |
3 |
2,687 |
$545,000 |
$500,000 |
83 |
| 2851 Hosea Williams |
4 |
2.5 |
2,424 |
$499,900 |
$496,000 |
28 |
| 173 Clifton St |
4 |
3 |
2,300 |
$495,000 |
$495,000 |
17 |
| 68 Clifton St |
4 |
3.5 |
2,351 |
$475,000 |
$490,000 |
47 |
| 1621Stanwood |
4 |
3 |
3,000 |
$475,000 |
$487,000 |
20 |
| 2108 Wisteria Way |
4 |
3 |
2,528 |
$485,000 |
$485,000 |
21 |
| 1631 Alder |
4 |
3 |
2,189 |
$475,000 |
$480,000 |
77 |
| 180 Palatka |
4 |
3 |
- |
$499,900 |
$480,000 |
31 |
| 326 Leland |
3 |
2 |
1,904 |
$474,900 |
$477,000 |
4 |
| 2153Delano |
3 |
2.5 |
2,100 |
$499,000 |
$465,000 |
13 |
| 43 Warren St |
4 |
2 |
1,825 |
$429,900 |
$439,000 |
6 |
| 1693 Hosea Williams |
4 |
2.5 |
2,500 |
$434,900 |
$434,900 |
54 |
| 174 Palatka |
3 |
3 |
1,768 |
$419,000 |
$422,500 |
7 |
| 169 1st Ave |
4 |
3 |
1,778 |
$419,000 |
$419,000 |
18 |
| 275 Sisson Ave |
3 |
2 |
- |
$399,900 |
$415,000 |
7 |
| 172 Rockyford |
4 |
3 |
2,020 |
$415,000 |
$411,000 |
56 |
| 124 Warren St |
4 |
3 |
1,796 |
$444,000 |
$410,000 |
21 |
| 294 Sisson |
3 |
2.5 |
1,320 |
$399,900 |
$410,000 |
1 |
| 166 Watson |
3 |
2 |
1,923 |
$375,000 |
$387,000 |
3 |
| 87 Anniston |
3 |
2 |
1,600 |
$364,900 |
$385,000 |
4 |
| 297 Murray Hill |
4 |
3.5 |
1,914 |
$385,000 |
$383,000 |
223 |
| 226 Locust |
3 |
2 |
1,675 |
$400,000 |
$377,500 |
19 |
| 2278 Oakview |
3 |
2 |
1,530 |
$374,900 |
$375,000 |
16 |
| 203 Warren St |
2 |
2 |
1,365 |
$329,900 |
$367,000 |
8 |
| 262 Murray Hill Ave |
3 |
1.5 |
1,809 |
$320,000 |
$357,113 |
4 |
| 2529 Hosea Williams |
4 |
2 |
- |
$350,000 |
$350,000 |
25 |
| 204 Sisson Ave |
3 |
2 |
1,379 |
$339,000 |
$345,000 |
7 |
| 98 Wyman |
3 |
2 |
1,407 |
$315,000 |
$335,000 |
3 |
| 377 Eleanor St |
3 |
2 |
1,138 |
$300,000 |
$300,000 |
5 |
| 80 Bates |
4 |
2 |
1,478 |
$299,900 |
$299,900 |
7 |
| 194 Rockyford |
2 |
1 |
908 |
$275,000 |
$287,200 |
6 |
| 262 Sisson Ave |
2 |
1 |
1,094 |
$275,000 |
$285,000 |
5 |
| 127 Sisson Ave |
3 |
2 |
1,048 |
$275,000 |
$271,500 |
5 |
| 217 Rockyford |
2 |
1 |
- |
$269,000 |
$269,000 |
5 |
| 318 Eleanor |
3 |
2 |
1,017 |
$255,000 |
$265,000 |
5 |
| 1645 Woodbine |
3 |
2 |
1,175 |
$277,900 |
$265,000 |
6 |
| 102 Rogers |
3 |
2 |
1,077 |
$259,900 |
$260,000 |
10 |
| 1579 Liberty |
4 |
2.5 |
2,016 |
$260,000 |
$260,000 |
47 |
| 267 Rockyford |
3 |
1 |
1,068 |
$200,000 |
$227,500 |
4 |
| 175 Murray Hill |
1 |
1 |
1,089 |
$200,000 |
$225,000 |
5 |
| 229 Warren St |
3 |
1 |
968 |
$215,000 |
$220,000 |
2 |
| 104 Dearborn St |
3 |
1 |
948 |
$200,000 |
$215,000 |
14 |
| 153 Rockyford Rd |
3 |
1 |
896 |
$200,000 |
$187,000 |
86 |
| Warren |
0 |
0 |
- |
$175,000 |
$160,000 |
10 |
| 47 Montgomery St |
2 |
1 |
1,056 |
$110,000 |
$133,000 |
4 |
| 1565 Overland Terr |
3 |
1 |
1,135 |
$114,000 |
$130,000 |
6 |
Kirkwood homes sales data was extracted from the Atlanta MLS (aka First MLS) on July 16, 2016 and interpreted by Kerry Lucasse with the Nest Atlanta Real Estate Group at EXP Realty. Information is deemed reliable but not guaranteed. For a complete list of all the recently sold homes in Atlanta's Kirkwood community, please call or text us at 404-432-1844.
If you are amazed after reading this real estate report and need some help winning the bidding wars or listing your home while Kirkwood is SO hot, call us anytime. The Nest Atlanta team is home to some of the top Kirkwood real estate agents and are always here to help!
404-205-8800
1Q 2016 Kirkwood Real Estate Market Report
2015 Home Sales Report for Kirkwood (Full Year)
