This
is what’s really happening in
Johns Creek Real Estate today:
Now that the
fourth quarter is in the books,
2014 has turned out to be solid year in both sales and price growth in our area. In the Eastern North Fulton area that includes
some of Alpharetta, some of Roswell and all of Johns Creek unit sales of single
family homes were up just over 12% compared to 2013, and the average selling
price was up 6.2%. And these numbers do
not include most new home sales, which are becoming a real factor again in the
area. With the potential of rising
interest rates and a persistent shortage of inventory prices should continue to
rise, but at a slightly slower pace. And since our high quality public schools and other amenities will
continue to attract home-buyers to the area, unit sales may only be limited by the available inventory.
The fourth quarter of 2014 has had mixed
results in our area:
- In Eastern North Fulton there were 328 single family homes sold in Q4 which was up 10% over Q4 2013. While the average price increased by over $20,000, or around 5%.
- While in the Johns Creek High School area there were 66 homes sold, an increase of 10%. And the average selling price was down slightly over 10%.
Other school zones in Johns Creek area also
showed marked improvement:
- Chattahoochee HS area prices were down 4.6%, and unit sales were down 5.7%. And the number of listings was down as well.
- Northview HS area unit sales were up over 15% while the average price was down by 1.7%.
Buice Road area between Jones Bridge & Old
Alabama (my neighborhood) still up!
- The number of homes sold is up 43%
- The average sale price is up 2.8%
- The average days on the market to sell a house was 61 days
Contact me today at 678.206.6041 for a free,
no obligation pricing analysis of your home!
#JohnsCreekHomesforSale,
#AlpharettaHomesforSale, #JohnsCreekListingAgent
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