Smyrna GA Real Estate Market Report | 3Q 2016

Smyrna GA Real Estate Market Report

3Q 2016 (July-Sept) :: Brought to you by Nest Atlanta and inSmyrnaGA.com

The Smyrna real estate market is HOT, whether you are in the 30080 or 30082 zip code, your home values are definitely on the rise!  Read the full Smyrna GA Real Estate Market Update below….

How fast are houses selling? Get the full scoop with the Smyrna GA real estate market report.

3Q 2016 Smyrna GA Real Estate Market Overview

30080 and 30082 HOME SALES

A total of 256 single family homes sold in Smyrna last quarter, which is just slightly down from the same time last year when 273 homes sold.

There are currently 230 Smyrna homes for sale, so inventory levels are still quite low.  If now other homes were listed, the current inventory would be gone in less than 3 months.  A balanced real estate market (i.e. not a buyer or seller’s market) typically has 6 months of inventory.  Right now, it is a very strong Seller’s market in Smyrna – especially for homes under $750K.  If you are thinking of selling your home, we would highly recommend taking advantage of this market and listing your home within the next 6 to 9 months!

HOME PRICES IN SMYRNA

The average sales price this quarter was $340,524.  That’s $43,000 HIGHER (14.8%) from the same time last year — impressive!

  • The median home sales price in Smyrna was $345,000
  • Homes ranged in price from $50,000 all the way up to $1,187,500
  • Almost 30% of the Smyrna homes sold were under $250,000, so this community is still a very affordable option for many home buyers

ARE BUYERS STILL PAYING CLOSE TO ASKING PRICE?

Very much so!  Single family homes sold at 98% of the asking price, on average.  This simply means that home buyers negotiated about 2.0% off the asking price.

Last quarter, 26% sold at or over the asking price.  This is right on par with the same time last year.

HOW FAST ARE SMYRNA HOMES SELLING?

The time it takes to sell a home in Smyrna, Georgia is only 40 days on average, but 36% of the houses sold in less than 2 weeks.

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QUICK TIP:  If you are thinking about selling your home, please keep in mind that it should sell in less than 2 weeks at a price that’s very close to your asking price… but only if you price your home at fair market value, make it easy for buyers to tour and a little staging never hurts!  We highly recommend that you speak with at least 2 to 3 real estate agents in order to get an accurate assessment of your home’s current value.

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Have questions about this market trends report?  

Call us anytime at 404-432-1844.

What is your home worth in Atlanta and Decatur Georgia?

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Most Expensive Homes Sold in Smyrna GA

07/01/2016 – 09/30/2016 :: See all the current Smyrna real estate listings

ADDRESS SUBDIVISION BEDS BATHS LIST PRICE SOLD PRICE DOM
1001 Carriage Lane Cash Farms 8 7.5 $1,550,000 $1,187,500 299
1370 Stonegate Lane Stonegate 6 5 $875,000 $815,000 132
4220 Maner St Gilmore Heights 5 4.5 $749,900 $790,000 364
445 Willowbrook Dr Dan Bowles 5 4.5 $825,000 $735,000 98
4026 Pineridge Rd None 4 5.5 $850,000 $732,000 112
3424 Lee St Forest Hills 5 4 $700,000 $700,000 1
2204 Iron Gate Dr Gates At Vinings 4 4.5 $699,000 $682,500 184
3369 Stetson Overlook Highpointe at Vinings 5 4 $634,050 $670,000 264
3421 Paces Ferry Cir 2000 Paces Ferry 4 5.5 $709,900 $650,000 87
1556 Gaylor Dr Ellis Wade 4 3.5 $649,900 $649,900 3
659 Creswell Park Fontaine at Cooper Lake 5 4 $640,986 $640,986 0
2465 Ellard Terr Highpointe at Vinings 5 4 $640,605 $630,000 292
2119 Jarrod Place Vinings Glen 4 4.5 $619,900 $615,000 9
2258 Vinings Cove Vinings Close 5 4.5 $625,000 $585,000 46
3320 Stetson Overlook Highpointe at Vinings 5 4 $582,665 $584,000 159
504 Tackett Farms Rd Tackett Farms 5 5 $537,695 $567,614 3
400 Downfield Way Park Place 5 4 $555,544 $558,961 117
2872 Bernard Way Spring Street Village 4 4.5 $550,000 $550,000 50
2600 Highland Ave Rileys Walk 6 5 $549,000 $549,000 4
425 Downfield Way Park Place 5 4 $521,615 $547,811 234
512 Tackett Farms Rd Tackett Farms 5 4 $497,310 $537,613 120
1131 Vinings Grove Way Vinings Grove 6 5.5 $570,000 $537,000 36
3509 Ivy Manor Rd Oak Ridge Estates 5 5 $565,000 $535,000 30
4200 Ridgehurst Dr Vinings Glen 5 4.5 $565,000 $530,000 105
3778 Wakefield Hall Sq Wakefield Estates 5 4 $537,000 $530,000 4

All Smyrna GA real estate data was extracted from the Atlanta FMLS on 10/21/2016 and interpreted by Kerry Lucasse with the Nest Atlanta Real Estate Group at eXp Realty.  For more information about recent home sales or to get a complete list emailed to you with property details and photos, please call Kerry at 404-432-1844 and she’s be happy to send you a copy.

 

JUST LISTED HOMES IN SMYRNA

View ALL the Smyrna homes for sale

JUST Listed Homes for Sale in Smyrna GA

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© 2017 Georgia MLS. All rights reserved.
The data relating to real estate on this website comes in part from the Broker Reciprocity (IDX) Program of Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.

GAMLS data last updated at November 20, 2017 11:34 PM ET

 

City of Smyrna Information  :: 30080 Real Estate for Sale  :: 30082 Homes for Sale

SMYRNA GA – Atlanta Suburb of the Month

The Atlanta Suburb of the Month is… Smyrna!  

Smyrna GA is the Atlanta suburb of the month

Over the last decade, the Atlanta suburb of Smyrna has been growing in popularity by leaps and bounds. From 2000 to 2010, the Smyrna grew by 25%, according to the US Census.  If you aren’t familiar with the area, hopefully this will help you understand why we’ve named Smyrna the Metro Atlanta Suburb of the Month!

Why We Love Smyrna, Georgia

1) Location

Smyrna is located about 15 minutes outside the City of Atlanta and only 15 to 20 minutes from the airport. Residents enjoy easy access to the major interstates (I-75 and I-285) and US Hwy 41, so it’s a fantastic option for commuters. It’s also minutes from the popular Vinings Village and North Buckhead, as well as several corporate headquarters, including Home Depot, Atlanta Bread Company and IBM.

2) Community

In the 1990s, several developments were constructed, including the Jonquil Village and Smyrna Market Village. Smyrna Market Village gave the community a center to gather for festivals, farmers markets, and open air concerts. It also offers some fantastic boutiques and restaurants, from Atkins Park Tavern to Zucca Bar and The Corner Taqueria. For those home buyers that were attracted to the Vinings area, but wanted to spend a bit less on their home or condo, Smyrna GA now offers a similar personality and charm.

3) The Great Outdoors

For those of you who love to “play” outside, Smyrna is definitely the place to be. The popular Silver Comet trail runs through Smyrna and is a favorite for bikers and joggers. There are also dozens of parks and walking trails along the Chattahoochee River. The proposed Braves baseball stadium will also be minutes away from Smyrna.

Craftsman homes for sale in Smyrna GA4) Home Prices in Smyrna GA

Smyrna also offers some very affordable real estate. Single family homes range from the low $100s for a fixer upper to well over $1.0 million for a newer construction luxury home near Vinings. You will find older cottages and townhomes near the Smyrna Market Village, large traditional brick homes, new Craftsman style homes, as well as condominiums and townhomes. A few popular neighborhoods include 2000 Paces Ferry (luxury homes), Cooper Lake (Craftsman homes), Enclave at Cooper Lake (luxury Craftsman style homes), Paces Green (Brick traditional homes) and Avignon at Vinings. View all the latest homes for sale in Smyrna, GA 30080 and 30082.

 

Can you see why Smyrna was voted by Atlanta Magazine as one of the Top 10 places to live in the Metro Atlanta area? We hope so! The Nest Atlanta team has assisted dozens and dozens of home buyers and sellers in the Smyrna Vinings area and we would be more than happy to answer any questions you may have about this fabulous Metro Atlanta suburb. And if you are thinking of making the move to the area, our Smyrna real estate specialists can help you find your dream townhome, Craftsman home or investment property in Smyrna, Georgia.

 

Helpful Smyrna Links:

Current condos and homes for sale in Smyrna GA

Homes under $250K in Smyrna

Smyrna Wikipedia

Silver Comet Trail – maps and information

Townhomes for sale in Smyrna

 

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