Buckhead 2017-2018 Market Snapshot: Single Family Homes $1 Million+

Buckhead: Stylish, sophisticated and booming!

Buckhead is regarded as one of Atlanta’s most prestigious and desirable areas. Surrounded by opulence at every corner, young professionals enjoy the fine dining, young families take advantage of the quality schools, and empty nesters are fond of the thriving arts scene.

At a median sales price of $1,425,00 Buckhead is one of more expensive areas in the Atlanta. The number of properties sold and the monthly inventory have been stable the past two years. These luxury properties that sold in 2017 were listed on average for about 3 months before going under contract.

 

2017 MARKET STATS

335 Residences Sold: Down 3%

$1,425,000 Median Price: No Change

3 Months Time on Market: Down 9%

12 Months Inventory: No Change

2018 Outlook

Home to some of Atlanta’s most prominent residents, and surrounded by upscale shopping, fine dining and luxury hotels, it is easy to see why Buckhead is a such a desirable location. We believe that 2018 will be an exciting market for Buckhead home buyers and sellers. The upper end of the market will continue to see more than a year’s worth of inventory and buyers will have many fabulous homes from which to choose.

If you will be buying or selling a property in 2018, please contact us to discuss your opportunities in today’s market.

 

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