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!

Read the latest Kirkwood Atlanta real estate report

  • 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.

 

Get the scoop on home values in Kirkwood AtlantaIf 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!

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inKirkwood.com

1Q 2016 Kirkwood Real Estate Market Report

2015 Home Sales Report for Kirkwood (Full Year)