Decatur, GA REO Market Analysis 3rd Quarter 2008 |
What's going on with real estate in Decatur, GA? Well, the good news is that homes are still selling. Here is an analysis of single family homes in Decatur.
July 2008 Sold
Homes Sold 152
REO Properties 30
Average Days on Market 72
Original List Price $238,592
List Price $266,152
Sold Price $215,511
Range $26,100-$725,000
August 2008 Sold
Homes Sold 164
REO properties 55
Average Days on Market 70
Original List Price $243,255
List Price $191,973
Sold Price $183,212
Range $22,500-$824,500
September 2008 Sold
Homes Sold 85
REO properties 27
Average Days on Market 81
Original List Price $221,443
List Price $208,048
Sold Price $200,591
Range $22,500-$1,025,000
There are currently 1251 single family homes for sale in Decatur, GA which is in Dekalb County. 280 of them are REO or Real Estate Owned, bank owned foreclosures. There are also 314 homes that are pending sales, meaning they are under contract, but not yet closed. Available homes in Decatur range in price from $19,900 to $1,500,000. Obviously, there is something for everyone from investment to starter homes to high end luxury homes. Now is a great time to buy.
For expert real estate advice and customized property searches in Decatur, GA please contact Jen Bowman, Success Realty at 404-456-5024. Visit online at JenBowman.com.
