Grant Park Real Estate Market Report

2016 Home Prices & Market Trends for Grant Park :: Atlanta, GA 30312

Historic Grant Park is nestled in the heart of it all - minutes from Downtown Atlanta, the Atlanta Beltline, Cabbagetown and dozens of popular restaurants.  It's no surprise that the Grant Park real estate market is doing well, but every time we research the latest market stats, we're even more stunned/thrilled/hysterial when we see all the growth.  Below you will find a full overview of 2016 including the number of homes sold, how much home values increased, how quickly Grant Park homes sold as well as a few other interesting trends. For those of you that currently own a home in Atlanta's Grant Park neighborhood, we are even more excited to share the 2016 Grant Park Real Estate Market Report with you!  Once you see the jaw-dropping stats we know you'll want to give yourselves a pat on the back for investing in this amazing historic commmunity. See how fast homes are selling in the 2016 Grant Park Real Estate Market Report!  

Grant Park Real Estate Market Stats & Trends

HOME SALES IN GRANT PARK

Over the last five years (2011-2015), an average of 113 Grant Park homes sold each year.  In 2016, home sales were right on par with the average and just slightly down from 2015, when a total of 125 homes sold. Only about 3% of the home sales were new construction. On the flip side, there were more than a dozen fully renovated homes that listed and sold last year. BTW, fixer upper homes in Grant Park are hard to come by and usually have 10+ offers from local investors.
See all the Grant Park homes that sold in 2016 at the bottom of this report!

HOME PRICES

View all the home values and home prices in Grant Park from 2011 to 2016.

We saw another BIG increase in the average single family home sales price and finished the year at $398,543.  That's almost a $40,000 INCREASE from 2015 (or about an 11% increase in a single year)... not too shabby! A few more interesting stats on Grant Park home values:
  • The average single family home sales price in Historic Grant Park is up 85% from the bottom of the real estate market. In 2011 the average sales price was only $211K (vs $399K today).
  • From 2014 to 2016, the average single family home price rose $84,000 -- that's almost a 30% increase in just TWO years!

** To put this in perspective, let's say that you purchased a $325,000 home in Grant Park two years ago.  If you decided to sell it today, there is a good chance that your home is now worth about $400,000. Awesome sauce!

  • 2016 home sales ranged (greatly) in price from $81,000 to $680,000

After reading this market update, are you even a tiny bit curious what your home is worth?  Request a home valuation and we'll email you a full report with an estimate on your Grant Park home's current value.

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HOW LONG DID IT TAKE TO SELL A GRANT PARK HOME IN 2016?

Homes took 38 days to sell on average -- a bit longer than 2015 -- BUT  53% of the Grant Park homes sold in less than 2 weeks. The median number of days on market was only 14 and we would consider that a more accurate reflection of what is happening in today's real estate market, as were a few factors at play.  First, several new construction and/or home renovations were listed in the MLS before the homes were finished. Also, several homes priced a little too high when they were first listed and they sat on the market. Long story short, if you are thinking of selling your Grant Park home and it is priced at fair market value, it will probably sell within 14 days. .

ARE HOME BUYERS STILL PAYING TOP DOLLAR?  

Definitely!  Grant Park homes  sold at 97% of the asking price, on average -- or buyers were able to negotiate an average of 3.0% off the asking price.
36% of the homes sold at or OVER the asking price.
. Have questions about this market update?  Want to learn more about the fabulous Grant Park neighborhood in Atlanta, GA?  The Nest Atlanta team specializes in this community and is happy to help with your questions!  Call us anytime at:

404-205-8800

** Be sure to ask for a Grant Park neighborhood specialist! .   What is your home worth in Atlanta and Decatur Georgia?

2016 Home Sales in Grant Park

1/1/2016-12/31/2016 :: See all the current Grant Park Atlanta homes for sale
ADDDRESS BEDS BATHS LIST SOLD DOM
367 Park Ave SE 5 4 $899,900 $860,000 120
899 Boulevard SE 5 4.5 $749,000 $708,000 32
481 Cherokee Ave 5 3.5 $739,000 $706,000 53
470 Cherokee Ave 4 2.5 $719,900 $650,000 180
325 Georgia Ave SE 4 3 $629,900 $640,000 1
556 Boulevard SE 5 3 $659,900 $635,000 0
702 Rosalia St 3 2 $669,000 $630,750 72
506 Sydney St 3 3 $595,000 $608,650 4
379 Cherokee Pl 5 4.5 $624,900 $570,000 77
511 Cherokee Ave 3 2 $545,000 $540,000 14
654 Mcdonald St 3 3 $550,000 $535,000 23
772 Rosedale Ave 4 3 $530,000 $535,000 4
862 Rosedale Ave 5 3 $574,900 $530,000 65
377 Cherokee Ave 3 3 $549,900 $530,000 8
603 Ormewood Ave 4 3 $525,000 $525,000 7
550 Boulevard 4 2.5 $595,000 $520,000 176
240 Sydney St 4 3.5 $534,900 $510,000 43
625 Cameron St 5 3 $499,900 $499,900 3
418 Woodward Ave 3 3 $499,900 $497,400 86
320 Saint Paul Ave 3 2 $479,000 $495,000 2
320 Orleans St 3 2 $515,000 $490,000 26
560 Grant St 5 4 $525,000 $490,000 29
359 Loomis Ave 3 2 $499,900 $490,000 3
404 Orleans St 3 2.5 $525,000 $455,000 254
374 Orleans St 3 2 $449,900 $454,900 5
375 Oakland Ave 4 3 $450,000 $452,000 3
619 Glenwood Ave 7 5 $459,900 $450,000 9
657 Hansell St 3 2 $439,900 $448,500 2
921 Boulevard 3 2 $475,000 $445,000 26
598 Cameron St 3 2 $499,900 $445,000 7
466 Sydney St 3 2 $450,000 $440,000 9
996 Flotilla Drive 3 2.5 $439,900 $439,900 2
321 Glenwood Ave 3 2.5 $450,000 $437,500 38
629 Cherokee Ave 3 3.5 $449,900 $435,000 32
664 Boulevard SE 2 2 $449,000 $435,000 22
614 Rosalia 4 2 $435,000 $431,650 1
502 Sydney 4 3 $439,000 $429,000 1
651 Atlanta 3 2 $429,900 $428,000 5
333 St Paul Ave 4 2 $450,000 $427,100 40
588 Cameron St 3 2 $398,000 $425,000 3
363 Milledge Ave 2 2 $389,000 $425,000 6
697 Delmar Ave 3 2 $429,900 $419,000 15
610 Berne St SE 3 2 $410,000 $412,500 3
701 Hansell St 3 2 $429,900 $410,000 27
658 Woodward 2 2.5 $425,000 $410,000 14
692 Glenwood Ave 3 2 $414,900 $410,000 93
239 Glenwood Ave 3 2.5 $425,000 $408,000 27
466 Cherokee 3 2 $439,900 $408,000 83
733 Ormewood 3 2.5 $385,000 $405,832 6
314 Woodward Ave 3 3 $424,900 $395,000 53
688 Waldo St 3 2 $399,900 $395,000 3
290 Georgia Ave SE 3 2 $389,900 $394,000 7
457 Bryan St 2 2 $389,900 $389,900 3
338 Grant St SE 2 2.5 $384,500 $388,000 8
620 Woodward 6 4 $399,900 $388,000 6
667 Glenwood Ave 3 2 $399,900 $387,000 13
485 Glenwood Ave 3 2 $379,000 $385,000 14
400 Cherokee Ave 4 3.5 $385,000 $382,500 20
430 Grant St 3 2 $399,990 $378,000 26
520 Waldo St 3 3 $425,000 $376,000 10
495 Oakland Ave 3 1 $375,000 $375,000 2
721 Berne St SE 3 2 $399,900 $375,000 17
771 Confederate Ave 3 2 $379,500 $370,000 12
787 Rosedale Ave 3 2 $379,900 $369,900 74
237 Georgia Ave SE 5 3.5 $399,000 $365,000 232
906 Rosedale Ave 3 3 $379,900 $360,000 26
401 Cherokee Pl 2 2 $359,900 $359,000 4
351 Oakland Ave 2 2 $330,000 $357,000 53
265 Georgia Ave SE 2 2 $350,000 $355,000 3
1000 Boulevard SE 3 2 $365,000 $352,000 154
720 Hobart Ave 3 3.5 $350,000 $350,000 3
313 Harden St 2 2 $345,000 $347,000 8
245 Georgia Ave SE 2 1 $325,500 $340,000 4
475 Bryan St 2 2 $339,000 $339,000 0
229 Sydney St 3 2.5 $350,000 $335,000 5
481 Hill St 3 2 $350,000 $325,000 74
640 Berne St SE 2 1 $299,990 $325,000 2
444 Grant St 4 3.5 $433,000 $325,000 55
933 Gress Ave 3 2 $349,900 $322,500 31
775 Rosedale Ave 2 2 $319,000 $319,000 23
872 Boulevard 3 2 $335,000 $316,445 67
613 Home 3 2.5 $346,500 $315,000 29
626 Atlanta 2 2 $344,500 $311,000 252
322 Glenwood 2 2.5 $275,000 $305,000 116
972 Boulevard 3 2.5 $309,000 $300,000 114
662 Glenwood 2 1 $325,000 $300,000 16
747 Confederate 2 2 $299,999 $300,000 0
983 Boulevard 3 2 $299,900 $295,000 15
680 Confederate 3 2 $319,900 $290,000 249
230 Woodward 4 4.5 $330,000 $288,000 31
976 Boulevard 2 1 $287,000 $287,000 202
649 Woodward 2 2 $309,000 $285,000 11
731 Berne 2 1.5 $285,000 $282,000 2
757 Rosedale Ave 2 2 $299,000 $282,000 40
324 Harden St 3 2.5 $289,000 $281,800 25
743 Ormewood Ave 2 1 $285,000 $280,000 0
733 Confederate Ave 3 1.5 $269,000 $275,000 2
706 Delmar Ave 2 1 $260,000 $270,000 6
541 Waldo St 2 1 $275,000 $257,500 14
316A Logan St 2 2.5 $254,000 $256,500 2
304 Glenwood Ave 2 2 $250,000 $248,000 31
852 Teton Ave 3 2 $259,000 $246,000 31
787 Rosedale Ave 3 1 $225,000 $232,000 4
702 Glenwood Ave 2 1 $224,900 $227,000 3
775 Rosedale Ave 2 1.5 $224,900 $225,000 0
617 Robinson Ave 3 1 $220,000 $223,000 55
961 Boulevard SE 3 2 $300,000 $221,500 98
763 Ormewood Ave 2 1 $275,000 $196,500 81
165 Richardson St 2 2 $79,900 $80,900 1
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More Grant Park Real Estate Resources

Grant Park Real Estate Guide & Homes for Sale 3Q 2016 Market Trends Report for Grant Park Atlanta Search all 30312 Homes for sale See how the Nest Atlanta team will market and sell your home Get the current value of your home . PLEASE NOTE:  Grant Park real estate market data was extracted from the Atlanta MLS on February 2, 2017 and interpreted by Kerry Lucasse.  Information is deemed reliable, but is not guaranteed and subject to change. If you would like a complete list of all the recent home sales in Grant Park Atlanta (including photos and property details!), please call 404-205-8800. We would be happy to email you a copy of the full report.

Nest Atlanta team at eXp Realty :: 404-205-8800

... your grant park real estate market gurus!

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