Kirkwood Home Trends & Real Estate Market ReportJuly-September 2018 :: Kirkwood, Atlanta Every time we report on Atlanta's Kirkwood real estate market, we are even more amazed at the growth. Once again, we had a record-breaking quarter in home prices....but homes are starting to take a wee bit longer to sell. Get the full scoop below in the Kirkwood Home Trends Report for 3Q (July - Sept) 2018. Hope you enjoy and don't hesitate to call 404-205-8800 if you have any questions!
Fall 2018: Kirkwood Atlanta Home Sales & Real Estate Trends
KIRKWOOD HOME SALES
A total of 48 single family homes sold in Kirkwood Atlanta in Q3. This is up about 10% from last year when there were 44 home sales.
Kirkwood never seems to disappoint and this quarter is no exception! We saw another BIG increase in the average single-family home sales price - it jumped from $414,638 to $492,245 That's $78,000 HIGHER than Q3 2017.
More interesting home value stats:
- Kirkwood home sales ranged from $225,000 to $832,000
- The median sale price was $480,200
- If you are shopping for a newly built home in Kirkwood, be prepared to spend between $650,000 and $900,000.
- The average home seller paid $3,409 towards the buyer's closing costs
- View the all of the Q3 Kirkwood Atlanta home sales at the bottom of this report
Wondering what YOUR Kirkwood Atlanta home is worth? Request a home valuation and we'll email you a full report with an estimate on your home's current value.
ARE HOMES STILL SELLING QUICKLY?
Even with the big spike in the average home price, homes in Kirkwood are definitely taking longer to sell. In Q3, they sold in 37 days on average, but 33% of the homes sold ONE week or less. The median number of days on market was only 25, which is way up from just 8 days last year.
Part of the longer sales cycle is due to the large influx of new construction homes that are listed before the homes are complete. Another reason is that many of the Kirkwood homes for sale were at the higher end of the neighborhood price range and there just aren't as many buyers, so they took longer to sell.
If you are thinking of selling your Kirkwood home it is SO important to price it at fair market value so that you can generate multiple offers and get top dollar for your home. If you are priced correctly and your home is in good condition, it will most likely sell within 10 days.
ARE BUYERS STILL PAYING TOP DOLLAR?Yes, but buyers are starting to negotiate a bit more off the asking price. Kirkwood homes sold at 97.8% of the asking price, on average, versus 100% last Fall. A whopping 31% of the homes sold at or OVER the asking price.
If you have questions about the Kirkwood Home Trends Report, please call us anytime at 404-432-1844.
See the Latest Kirkwood Homes for Sale
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Kirkwood Homes Sold7/1/2018 to 09/30/2018 :: Current Kirkwood Atlanta homes for sale
|52||Kirkwood Rd NE||6||5||$725,000||$665,000||96|
|2094||Hosea L Williams||3||2||$550,000||$578,000||3|
|1500||Hosea L Williams||5||3||$579,000||$560,000||15|
|283||Murray Hill Ave||4||3||$569,900||$548,685||102|
|132||E Lake Terr||3||2.5||$494,900||$490,000||63|
|112||E Lake Terr||3||2.5||$504,900||$484,900||54|
|2128||Ridgedale Rd NE||3||2||$445,000||$446,500||2|
|20||Kirkwood Rd NE||3||2||$325,000||$352,201||5|
See all the homes for sale in 30317 zip code - including Kirkwood, Edgewood, Parkview and other popular Atlanta neighborhoods.
Have questions about the Atlanta real estate market or Kirkwood home trends? We're always here to help!
Call the Nest Atlanta team at eXp Realty anytime at 404-205-8800.