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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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 July 22, 2017 11:31 PM ET

 

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

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