Brookhaven 30319 Real Estate Market Report for 2016

Brookhaven 30319 Real Estate Market Report for 2016

Brookhaven 30319 Real Estate Report 2016 Market Update :: Brought to you by the Nest Atlanta Real Estate Group Thanks to a prime location, excellent schools and world-class shopping / entertainment, Brookhaven is one of the most highly sought-after community in Metro Atlanta.  Brookhaven 30319 real estate is also one of the most difficult to find a home for many home buyers, due to limited inventory and the ever increasing home prices. Last year more than half of the homes had a listing price of over $600,000.  Keep reading to learn more about home sales trends and how long is takes to sell a home in 30319.  Enjoy! . 2016 Brookhaven Real Estate Market & Home Values  HOME SALES Last year a total of 570 homes sold in the 30319 zip code.  This up 4.0% from 2015 when 545 homes sold in Brookhaven 30319. BROOKHAVEN HOME PRICES We saw another modest, but  the average home sales price in 2016 - up $43,000 from the previous year!  In 2016, the average single family home sales price was $666,384, which is 6.9% higher than last year's average of $623,000.  If we compare today's average sales price to the bottom of the market (2011), Brookhaven homes are selling for $200,000 MORE on average. Also in 2016, the median sales price was $590,000 (a whopping $40K higher than the previous year) 30319 home prices ranged from $222,000 to $3,481,000 It was a record breaking year for home prices!  A home on Club Drive was the highest sale in Brookhaven history at $3.48 million!  At the bottom of this article, you will find the most expensive homes sold...
30319 Real Estate Market Update | Brookhaven GA

30319 Real Estate Market Update | Brookhaven GA

30319 Real Estate Market Update 3Q 2016 (July-September) :: Brought to you by Nest Atlanta :: 404-205-8800 We had another strong Summer / Early Fall selling season in Brookhaven.  In the report below you will see that some things are leveling off and in other areas, we are seeing record-breaking numbers!  See the full 30319 Real Estate Market Update below...   30319 HOME SALES A total of 155 single family homes sold in the third quarter of 2016.  It's right on par with home sales over the last two years. The absorption rate is very strong (2.5 months), due to the limited housing inventory in the lower price ranges (under $700K). HOME PRICES IN BROOKHAVEN The average single family home price in 1Q was $721,011.  That about $118,000 higher than the same time last year BUT -- yes, there is a but! -- this average price may be a bit inflated. Here's why... In the last 10+ years, only one Brookhaven home sold over $3.0 million and this quarter there were TWO homes that sold in this price range, so naturally that skewed our average a bit. The median sales price in zip code 30319 was $590,000 and is a more accurate reflection of home values in Brookhaven / 30319. ** If you are curious about the record breaking prices in this zip code, scroll to the bottom of this post to see the most expensive homes sold in 3Q 2016.  The current record holder is  3820 Club Drive.  It sold for $3,825,000 in 2007. HOW QUICKLY ARE HOMES SELLING IN 30319? Last quarter, single family homes sold on in 57 days on average.  Because the...
Brookhaven Real Estate Market Report | 2Q 2016

Brookhaven Real Estate Market Report | 2Q 2016

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%...
Brookhaven GA Real Estate Market Report | 1Q 2016

Brookhaven GA Real Estate Market Report | 1Q 2016

Brookhaven GA Real Estate Market Update 1Q 2016 (Jan-March) :: Brought to you by Nest Atlanta :: 404-205-8800 Brookhaven has one of the strongest real estate markets in Metro Atlanta and we love being able to share how this community is growing... and thriving!  See how Brookhaven home sales fared in the first quarter of 2016.... HOME SALES A total of 105 single family homes sold in the first quarter of 2016.  It's up about 9.0% from the same time last year when 95 homes sold.  The absorption rate very strong (2.5 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 call our Brookhaven real estate experts at 404-205-8800. BROOKHAVEN HOME PRICES The average single family home price in 1Q was $630,614.  That about $17,000 higher than the same time last year (2.8%), but slightly below the overall 2015 average.  Looking back to before the market crashed, the average Brookhaven home sales price is right on par with the pre-crash pricing - it was $611K in first quarter of 2008 vs $630K today.   ** Brookhaven home prices ranged from $239,900 to $2,250,000 in first quarter. HOW QUICKLY ARE HOMES SELLING IN BROOKHAVEN GA? Last quarter, single family homes sold on in 62 days on average.  The median # of days on the market was only 35 days and that's probably a more accurate reflection of the current market, as 41% of the Brookhaven listings sold in less than 2 weeks.   ARE...
Brookhaven Cherry Blossom Festival

Brookhaven Cherry Blossom Festival

It's time for the Brookhaven Cherry Blossom Festival! April 2 and 3, 2016 :: Blackburn Park in Brookhaven, GA 30319 The annual Brookhaven Cherry Blossom Festival in Brookhaven's Blackburn Park is almost here! During this 2-day celebration, you will enjoy 140 blossoming cherry trees across 52 acres at the weekend-long festival. At this year's Cherry Blossom Fest, there will be a 5K Run / 1K Walk, pet parade, live music, art & crafts market, Pet World, children's village and of course, all of your Brookhaven friends and neighbors! The Cherry Blossom Festival is free for adults and children. Dogs will be allowed, they just have to be on a non-retractable leash. Brookhaven Festival Details: The festival will be at Blackburn Park, located at 3501 Ashford Dunwoody Rd, Atlanta, GA 30319. On Saturday, April 2nd, the Cherry Blossom Festival will run from 10 am to 9 pm. Registration for the 5K Run / 1K Walk starts at 6:30 am on Saturday and the run begins at 7:30 am. On Sunday, the festival hours are from 11 am to 6 pm. One of the highlights of the Brookhave Cherry Blossom Festival is the Pet Parade! It starts at 2 pm and ends at 4 pm on Sunday, April 3, 2016. Parking: State Farm - 4151 Ashford Dunwoody Road Montgomery Elementary School - 3995 Ashford Dunwoody Rd Marist School - 3790 Ashford Dunwoody Road Blackburn Park - 3494 Ashford Dunwoody Rd Brookhaven MARTA - 4047 Peachtree Road (limited parking available) Oglethorpe Station MARTA - there will be shuttles to and from the park Brookhaven Cherry Blossom Festival is hosted by the City of Brookhaven’s...
New Nest Atlanta Listings this Week

New Nest Atlanta Listings this Week

New Nest Atlanta Listings this Week! We have quite a line up of homes for sale in Decatur, Brookhaven, East Atlanta and in the Emory area.  Many are in excellent school districts and range from new construction to mid-century homes.  Get a quick peek of all the latest listings below or click to view ALL the Nest Atlanta Listings. New Construction in  North Decatur (30033)  6 beds + 4 baths  |  3-car garage  |  $779,900 **** OPEN HOUSE - SUNDAY FROM 2-4 PM ***** Distinguished custom home in the Lakeside HS district. You will love the soaring ceilings, custom finishes throughout, gleaming hardwood flooring and open living spaces, including a Chef's kitchen with large center island overlooking the keeping room. Screened porch. Bedroom/office on main. Large backyard. Truly stunning! 3649 LaVista Road will be listed later today, but you can watch for photos here. Listed by Jamie Walzer & Kerry Lucasse :: 404.205.8600 North Decatur 3 beds + 2.5 baths + bonus room  |  2-car garage  |  $304,900 Nestled in a quiet enclave community, this pristine, well-loved home offers new hardwoods, custom molding, light-filled rooms and lots of recent upgrades - new roof, new appliances + quartz countertops in kitchen, updates in bathrms, waterproofing system + so much more. Kitchen opens to family room + fenced backyard. Oversized master w/bonus room. Take a peek inside 3269 Emerald Brook Lane. Listed by Jamie Walzer & Amy Long :: 404-205.8600 East Atlanta 2 beds + 2.5 baths  |   Bonus Room  |  $219,900 Pristine, move-in ready home with much more square footage than you would expect! Gorgeous hardwoods, large living room and a cheerful eat-in kitchen with white cabinets, cool...
Brookhaven BOLT 2016

Brookhaven BOLT 2016

Are you ready for the 2016 Brookhaven Bolt? Brookhaven's very popular 5K takes you through the beautiful Ashford Park neighborhood in the new city of Brookhaven and become one of the largest 5K in the area! This family-friendly event is on May 21, 2016 and begins and ends at the Village Place Brookhaven. The 5K course is a challenging yet fair test for everyone -- even those that have a stroller and/or pup in tow! On May 21, runners will begin at 8 AM and those who prefer to walk or have strollers or a pet will start a few minutes later. After the Brookhaven Bolt, be sure sure to stick around for the post-race festivities! There will be raffles, race results, awards and also jump castles, popcorn and games for the kids. Good news for all of you dedicated and/or hard-core runners!  The Brookhaven 5k race is now officially certified by the USATF and is elligible in the event a National Open Record is set and is also a Peachtree Road Race Qualifier. The Bolt is also recognized by the Road Runners Club of America. 2016  Brookhaven Bolt Basics Day/time: May 21 at 8:00 am (Rain or shine!) Location: Village Place Brookhaven -- 1410 Dresden Drive in Brookhaven Registration is $25 per 5K participant Race Packet Pick-up: Pick up your race number, t-shirt and race packet at the Brookhaven Big Peach Running Co at Town Brookhaven on Friday May 20th from 3:30 – 8 P.M. Post-Brookhaven Bolt, prizes and medals will be awarded. All runners will receive a gender-specific, fitted t-shirt. And the best part about this popular Atlanta...
Brookhaven Real Estate Market Update | 2015

Brookhaven Real Estate Market Update | 2015

2015 Brookhaven Real Estate Market Report Covering Zip Code 30319 :: Brought to you by the Nest Atlanta Real Estate Group :: 404-205-8800 It was another record-breaking year for Brookhaven home prices... and we are thrilled to be able to share some impressive home sales stats with our Brookhaven homeowners (and future homeowners!)  Please enjoy and share the Brookhaven Real Estate Market update for 2015.... HOMES SOLD - Last year a total of 544 homes sold in the Brookhaven's 30319 zip code.  This is  slightly down from last year when 592 homes sold.  We don't necessarily consider this a negative because inventory levels are so low in Brookhaven and the demand is so high that if there were more homes on the market, there should be a significant spike in the number of Brookhaven homes sold. HOME PRICES - In 2015, the average single family home in Brookhaven jumped to $606,000 -- that's about $43,000 higher than last year (8%) and almost $140,000 higher than it was just four years ago in 2011. Brookhaven 30319 home prices ranged from $149,000 to $2,725,000 in 2015 The median sales price was $540,000 New construction (or newer construction) housing played a big part in this years home sales, as 16% of the homes were new construction (86 out of the 544 sold) 35 million dollar homes sold in Brookhaven last year, ranging in price from a $1.04 million to $2.7 million Get a no-strings-attached report with your home's current value LIST PRICE VERSUS SALES PRICE - Multiple offers are still commonplace and potential buyers aren't afraid to offer full price or over the asking price if necessary.  On average, Brookhaven homes sold at 97.4% of...
2194 Drew Valley Rd NE | Atlanta, GA 30319 | BROOKHAVEN

2194 Drew Valley Rd NE | Atlanta, GA 30319 | BROOKHAVEN

Just Listed! 2194 Drew Valley Rd NE in Atlanta, GA 30319 Proudly presented by Nest Atlanta :: 404.205.8600 Brookhaven GA Real Estate for Sale  ::  Drew Valley Homes Spectacular mid-century home in the heart of Brookhaven’s popular Drew Valley neighborhood. Fully renovated and expanded, this open concept home features a swanky new kitchen with quartz countertops, custom built-in dining area and a center island that overlooks the family room and generous back deck. 2194 Drew Valley Road has four bedrooms, including a dreamy master suite with spa bath and soaking tub.  You will also find a great loft / family room space upstairs that's perfect for a teen space, media room or a play area.  View more photos of this Drew Valley home for sale. If you need more space, don't miss the finished daylight/walk-out basement.  It's great for another rec space, home office, the possibilities are endless. Classic mid-century finishes with all the modern amenities you would expect in a Brookhaven home. Minutes to shopping, dining and Ashford Park Elementary. More Details About 2194 Drew Valley Rd Bedrooms - 4 Bathrooms - 3.5 Est SQ FT - 2,300 Parking - Carport / Parking pad Schools - Ashford Park Elementary, Chamblee Middle and Chamblee Charter High School Directions to home - From Peachtree Rd. in Brookhaven, turn right on Dresden Dr, then right on Thompson Rd and then right on Drew Valley Rd. FMLS # # 5623420 OPEN SUNDAY, JANUARY 31st FROM 12:00 to 2:00 PM - See map & details   Helpful Links Brookhaven GA Real Estate Guide - 30319 Ashford Park Elementary School district homes for sale Drew Valley Neighborhood...