Grant Park Home Sales & Real Estate Report
2Q 2016 (April – June) :: Brought to you by Nest Atlanta :: 404-205-8800
Grant Park has one of the strongest real estate markets in Metro Atlanta and home values are WAY up, as reported in a recent article “How Fast Are Home Prices Rising. An Atlanta Neighborhood Comparison.” Thankfully, we have more good news to share in our 2Q 2016 Grant Park Home Sales Report. Learn more about home prices, time on market and inventory levels below…
Overview of the Spring (2Q) Real Estate Market
GRANT PARK HOME SALES
A total of 36 single family homes sold in the second quarter of 2016. It’s right on par with last Spring when there were 38 home sales.
There is still VERY HIGH demand for homes in Grant Park and the current number of homes available for sale doesn’t even come close to meeting the demand. As long as this continues, this is going to be a challenge for buyers, but an exciting time to sell your home for top dollar. Based on our extensive research, this trend is expected to continue for the next 12, possibly 18 months, so if you are contemplating selling your Grant Park home in the near future, please check our real estate market updates every quarter so you can pick the best time to sell at top dollar… or just give us a call at 404-205-8800 or 404.432.1844!
The average single family home price was $415,500. That about $32,000 higher than the same time last year (UP 8.3%)… incredible!
- Grant Park home prices ranged from $232,000 to $635,000 in 2Q 2016
- There were quite a few newly renovated homes that sold but not one new construction home in Grant Park (zip code 30312)
ARE BUYERS REALLY OFFERING FULL PRICE?
Definitely! The list price to sales price percentage is 98.9%, so buyers are only negotiating about 1.0% off the home sales price, on average. A whopping 42% of the Grant Park home sales were at 100% or more of the asking price.
HOW QUICKLY ARE HOMES SELLING IN HISTORIC GRANT PARK?
F-A-S-T! This Spring selling season (April-June), homes sold in 14 days on average and 72% of the Grant Park homes sold in less than 2 weeks.
Learn more about the Grant Park neighborhood and tour all the current homes for sale…
Wondering what your home is worth in today’s market? Get an instant valuation!
Homes Sold in Grant Park
04/01/2016 – 06/30/2016 :: Current real estate listings in Grant Park
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Grant Park home sales data (zip code 30312) was extracted from the Atlanta MLS (FMLS) on July 16, 2016 and interpreted by Kerry Lucasse with the Nest Atlanta Real Estate Group at eXp Realty. If you would like a copy of the full sales report, including photos of the recently sold homes in Grant Park, please text or call Kerry at 404-432-1844 and she would be happy to email you a copy!
MORE ABOUT GRANT PARK ATLANTA
2015 Grant Park Real Estate Market Report (Full Year Overview)