Kris Grimes
Kris Grimes
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East Cobb 2013 Lake Home Sales

January 28, 2014 10:55 am

As a real estate professional I am always interested in knowing how the market fared in general. 2013 was a year many are still talking about:

  • the inventory of foreclosed home shrank considerably
  • well-priced homes in good locations sold in a matter of days
  • bidding wars and multiple offers
  • homes selling above asking price

Here a quick breakdown per East Cobb High School district in 2013 versus 2012 based on the FMLS:

Lassiter      60 homes @ $330,000 vs 45 @ $303,000
Pope          60 homes @ $393,000 vs 46 @ $413,000
Sprayberry 59 homes @ $276,000 vs 46 @ $240,000
Walton       83 homes @ $497,000 vs 102 @ $463,000
Wheeler     20 homes @ $344,000 vs 19 @ $339,000

As you can see, there was overall improvement pricewise and number of sales, except for Walton school district where the number of sales dropped but not the price.

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