Ryan Ward's Blog: Luxury Real Estate

Chastain Park has long been one of the most popular areas in all of Atlanta, and for very good reasons. It's location makes for an easy commute to almost anywhere in Atlanta and the Park itself, Atlanta's largest, has outdoor activities for all ages. Chastain Park is located on the very northern edge of Buckhead in the city of Atlanta. However, in a practical sense, real estate around Chastain Park can either be in Buckhead or in Sandy Springs. To try and bring you the most relevant information regarding the Chastain Park real estate market, I have drawn a circle around Chastain Park with a one mile radius to from the center which we will call Chastain Park real estate. This provides real statistics for what most people in Atlanta will call the Chastain…

Here are the current market statistics for Chastain Park homes for sale. Information for this report has been gathered using the Atlanta MLS, the FMLS.

• Currently there are 39 homes listed for sale in Chastain Park
• The price range is $488,500 to $3,695,000.
• There are an additional 5 homes under contract.
• 4 homes have sold in the last 30 days in Chastain Park
• 12 homes have sold in the last three months
• The absorption rate for homes for sale is just under 10 months. This means that it should take approximately 10 months sell the current inventory of Chastain Park homes for sale.

Unfortunately, it is difficult to gage the exact market conditions in a general synopsis of Chastain Park homes for sale because many real…

Sandy Springs is one of the most popular areas for buyers and builders for new construction luxury real estate in the Metro Atlanta area. Here are some market statistics to see how the Sandy Springs real estate market is fairing compared with some surrounding areas in the luxury homes market.

Luxury Homes Between 1 and 2 Million Dollars

• 35 active listings
• 6 pending
• Sold in the last 30 days - 1
• Sold in the last 60 days - 2
• Sold in the last 90 days - 5
• Sold homes per month - 1.667
• Absorption rate - 21 months
• Days on market - 134 for the sold homes.
• List price to sales price - 98%

New Construction Luxury Homes Between 2 and 3 Million

• 18 active listings
• 1 pending sale
• Sold in last…

Here are the Buckhead luxury real estate market conditions for the first quarter of 2007. The statistics are for all homes over $750,000 and the subset of homes between one and two million, two and five million and above five million dollars.

Currently, There are 151 Homes for Sale in Buckhead Between $750,000 and $1,000,000.

• An additional 20 homes are either under contract to sell or have various contingencies to be removed before they can close.
• 8 have sold in the last 30 days.
• 18 have sold in the last 60 days.
• 26 have sold in the last 90 days.

The absorption rate using data from the last three months indicates that 8.66 are selling per month. This means that it would take almost 17.5 months for all of the current homes to…

Atlanta luxury real estate still centers around the area known as Buckhead, but, now more than ever, other neighborhoods and cities are providing alternatives to Atlanta's most famous luxury home neighborhood. Here are some statistics for Buckhead and the new players in the Atlanta luxury real estate market; Sandy Springs and Alpharetta. For these statistics, luxury real estate is deemed to be properties and estates with a list price of over one million dollars and actively listed as of April 3rd, 2007.

Currently, there are 877 homes available with the majority of the most expensive estates available being located in Buckhead. Twenty eight luxury estates are available over 5 million dollars. Another 100 additional homes are currently either  under…

Buckhead is the most familiar and popular area in Atlanta for fine Atlanta homes and luxury real estate and a popular destination for Atlanta visitors because of  the high end shopping and dining. In the past year, the Buckhead business district has undergone some very important and much needed renovations to the roads and infrastructure. While the construction north of Piedmont road on Peachtree has been a nightmare during the renovations, the eventual sidewalk and beautification project will be well worth the wait. Along with the city of Atlanta's roadwork, many new luxury high rise condominiums have come out of the ground and are nearing completion and what used to be one of Atlanta's hottest bar scenes gone bad is now being redeveloped as a high end…

The good news about the Atlantla luxury real estate market no longer means that you must live in Buckhead to enjoy fine homes and amenities you have come to expect in the luxury real estate market. In fact, you might consider whether or not the city of Atlanta is the right place for such a large investment. I am not saying that areas such as Ansley Park, Buckhead, Tuxedo Park and other, long established neighborhoods don't offer some of the finest homes, designed by some of the greatest architects Atlanta has ever seen, are not worthy of consideration - I am only saying that there is more to the luxury Atlanta home market than ever before. Atlanta luxury real estate now means that you can find the unparalleled amenities you have come to expect, on lots and… Read Full Post

Here are the 2007 statistics for the Sandy Springs, GA housing market as of February 26th, 2007. I have split the statistics up into three groups; homes under $500,000, homes between $500,000 and $1,000,000 and homes above $1,000,000. The statistics are gathered from the Sandy Springs MLS, which is part of the Atlanta First Multiple Listing Service, the FMLSGA under.

 Homes For Sale Under $500,000

Sandy Springs, GA Under $500,000 2007 Active  74 Pending  23 Sold  23 LP/SP  94% DOM …