Brookhaven Real Estate Market Report
2016 2Q (April-June) :: Brought to you by Nest Atlanta :: 404-205-8800
We are thrilled to report that it was another strong Spring selling season in Brookhaven, Georgia (zip code 30319)! Homes are still selling quickly, values continue to rise and there is still a high demand / low absorption rate. Below you will find all the latest stats and trends in the 2Q 2016 Brookhaven Real Estate Market Report….
30319 HOME SALES
A total of 181 single family homes sold in the first quarter of 2016. It’s right on par with the same time last year when 171 homes sold in Brookhaven (zip code 30319). The absorption rate very strong (3 months), due to the limited inventory.
We don’t know how long the seller’s market will continue, but if you are contemplating selling your Brookhaven home in the near future, please check our market updates every quarter so you can pick the best time to sell at top dollar… or you can get an instant valuation of your Brookhaven home (takes less than a minute!)
BROOKHAVEN HOME PRICES
The average single family home price in 1Q was $675,358. That about $60,000 higher than the same time last year (UP 9.7%) – very impressive when you consider that Metro Atlanta market updates are telling us that it has turned into a Buyer’s Market for homes over $750,000.
- The median sales price was $607,500
- Brookhaven home prices ranged from $222,000 to $1,950,000 in 2nd quarter of 2016
- 14% of the home sales were new construction homes
ARE SELLERS STILL ABLE TO SELL FOR THE FULL ASKING PRICE?
Definitely! Almost 30% of the homes sold for 100% or more of the seller’s asking price. A large percentage of those homes had only been on the market for a short time (i.e. less than 2 weeks), so if you price your home at fair market value when it is first listed there is a very good chance that you’ll receive multiple offers and/or offers that are full price.
The average listing price to final sales price percentage in Brookhaven was 97.2%, so if you are thinking of selling your home this year, there is a good chance that you will only have to reduce your home’s price by about 3.0%. during negotiations.
HOW QUICKLY ARE HOMES SELLING IN BROOKHAVEN (30319)?
This Spring, single family homes sold took 37 days to sell, on average. The median number of days on the market (DOM) was only 20 days and that’s probably a more accurate reflection of the current market, as a whopping 47% of the Brookhaven homes sold in less than 2 weeks.
Learn more about the Brookhaven community and tour all the current homes for sale…
Have questions about the Brookhaven real estate market and current home values? Call the Nest Atlanta Real Estate Group anytime.
Text / call :: 404-432-1844
Top 25 Homes Sold in Brookhaven
|ADDRESS||NEIGHBORHOOD||BEDS||BATHS||LIST PRICE||SOLD PRICE||DOM|
|4314 Davidson Ave||Brookhaven||5||5.5||$1,985,000||$1,950,000||83|
|3811 Club Dr||Brookhaven||5||5.5||$2,000,000||$1,880,000||86|
|4332 Town Commons Cir||Town Commons||5||5.5||$1,895,000||$1,800,000||20|
|3404 Breton Ct||Brittany||6||6.5||$1,650,000||$1,666,694||31|
|1576 Windsor Pkwy||Oglethorpe Estates||5||5||$1,575,000||$1,352,500||319|
|1022 Eulalia Rd||Buckhead||4||3.5||$1,350,000||$1,350,000||10|
|2240 Humility Ln||Oglethorpe Estates||5||5F 2H||$1,378,000||$1,330,000||68|
|3100 Lanier Dr||Oglethorpe Estates||6||6.5||$1,350,000||$1,330,000||11|
|4350 Davidson Ave||Brookhaven||6||4F 3H||$2,300,000||$1,325,000||80|
|4060 E. Brookhaven Dr||Brookhaven||4||3.5||$1,729,000||$1,325,000||12|
|3091 Osborne Rd||Brookhaven||6||6.5||$1,425,000||$1,315,000||112|
|1075 Balmoral Rd||Derby Hills||5||5.5||$1,265,000||$1,300,000||6|
|4242 W. Club Ln||Brookhaven||4||3.5||$1,449,000||$1,290,000||117|
|1044 Balmoral Rd||Derby Hills||5||4.5||$1,349,000||$1,275,000||102|
|3982 Club Dr||Historic Brookhaven||4||4.5||$1,350,000||$1,250,000||116|
|1575 Aragon Way||Ashford Park||5||5.5||$1,285,000||$1,250,000||24|
|1589 Trentwood Pl||Ashford Park||5||6||$1,200,000||$1,205,000||8|
|3116 Mabry Rd||Brookhaven||6||5.5||$1,175,000||$1,150,000||31|
|400 Mabry Pl||Mabry Place||5||5.5||$1,095,000||$1,035,000||42|
|3721 Vermont Pl||Vermont on Peachtree||4||3F 2H||$1,200,000||$990,000||269|
|2592 Winding Ln||Ashford Park||5||4||$930,000||$967,485||23|
|2455 E. Osborne Rd||Ashford Park||5||3.5||$949,000||$947,000||14|
|2697 Green Meadows Ln||Ashford Park||5||5||$999,900||$941,500||28|
|1353 Becket Dr||Canterbury Hills||5||4||$925,000||$940,000||43|
|1149 Thornwell Dr||Brookhaven Heights||4||3.5||$939,000||$939,000||25|
PLEASE NOTE: The Brookhaven real estate data (zip code 30319) was extracted from the Atlanta FMLS on July 17, 2016 and interpreted by Kerry Lucasse with the Nest Atlanta Real Estate Group at eXp Realty. All information is deemed reliable but not guaranteed and is subject to change. If you would like the complete list of all the recent sales (including home photos), please text or call Kerry at 404-432-1844. I’d be happy to send to you!
Other Brookhaven Real Estate Reports
2015 Brookhaven GA Home Sales Report (full year overview)