Alpharetta Real Estate Market Report
Lake Windward Elementary Home Sales Update
Wondering how the real estate market is faring in Alpharetta’s Lake Windward Elementary school district?
After reviewing the latest market stats for 3Q 2016, we have some good news to report!
HOME SALES & PRICES
A total of 26 single family homes sold between July and September this year. This is down from the same time last year when 37 homes sold. The demand for homes in this popular elementary school district is definitely there, so it may be that we need a few more homeowners to list their homes!
The average sales price was $449,162 — that’s a $46,000 INCREASE from the same time last year! 11.6% to be exact.
HOW FAST ARE HOMES SELLING?
It took a bit longer to sell a home this quarter. On average, Lake Windward Elementary homes sold in 64 days. Last year it only took an average of 45 days.
QUICK TIP: If you are thinking of selling your home in the near future, please work with your agent (or talk with 3 to 5 real estate agents) to make sure you have the true fair market value of your home before listing it. If you do not price your home correctly when it is first listed, it takes 5x longer to sell on average.
If you look at the recently sold homes below you will see that these Alpharetta homes are either selling quickly… or take months to sell. 34% sold in 2 weeks or less!
Even thought it takes a longer to get your home sold, 26 homes sold many homeowners are still getting close to the asking price. In 3Q 2016, homes sold at 96.1% of the asking price – or in other words, buyers were able to negotiate 3.9% off the asking price. This is right on par with last year.
For those that priced their home correctly, many sold at 100% or more of the asking price. 23% received full or over the listing price.
ONE MORE TIP: Don’t “pad” the listing price so you’ll have room for negotiation. That may have worked in the past, but in this market, buyers are well prepared to pay the full price, especially if the home was just listed.
Recently sold homes in Lake Windward Elementary school district
Sales between 07/01/2016-09/30/2016 :: See all the latest homes for sale in Lake Windward school district
|ADDRESS||COMMUNITY||BEDS||BATHS||LIST PRICE||SOLD PRICE||DOM|
|4650||Lakeway Place||Parkside Manor||6||5||$769,900||$741,500||41|
|3425||Newport Bay Dr||Windward||5||4.5||$760,000||$705,000||78|
|2070||Park Glenn Dr||Park Glenn||5||4||$550,000||$550,000||20|
|1330||Redbud Dr||Woodland Cove||5||4.5||$604,878||$540,000||411|
|315||Intreped Cut||Lake Windward||5||5||$525,000||$519,500||19|
|1240||Redbud Dr||Woodland Cove||4||3.5||$552,800||$510,000||548|
|120||Hydrangea Ct||Fox Glen||5||4.5||$525,000||$510,000||12|
|130||Hydrangea Ct||Fox Glen||3||3.5||$524,000||$500,000||20|
|2075||Park Glenn Dr||Park Glenn||5||4||$499,900||$479,800||21|
|6040||Tamarack Ct||Highlands At Park Bridge||4||3||$439,900||$434,000||12|
|12190||Stevens Creek Dr||Stevens Creek||5||3.5||$405,000||$401,500||14|
|12550||Huntington Trace||Laurel Cove||5||4||$419,000||$395,000||45|
|12571||Huntington Trace||LAUREL COVE||5||3||$399,900||$390,000||31|
|220||Risen Star Lane||Calumet||4||2.5||$325,000||$314,999||49|
|6420||Maid Marion Close||Nottingham Gate||4||2.5||$299,900||$299,900||11|
|5410||Bentley Hall Dr||Concord Hall||4||2.5||$278,900||$274,000||12|
|565||Grovsner Terr||Concord Hall||3||2||$259,900||$259,000||19|
|225||Winwood Way||Concord Hall||3||2.5||$259,000||$259,000||2|
|5505||Bentley Hall Dr||Concord Hall||3||2||$270,000||$250,000||29|
All the Lake Windward Elementary homes above were extracted from the Atlanta / Alpharetta MLS on October 12, 2016 by Kerry Lucasse with the Metro Atlanta Suburbs team Atlanta team at eXp Realty. Information is deemed reliable but not warranted. If you would like a detailed report on recent real estate trends in Alpharetta and this popular elementary district, please call Kerry Lucasse at 404-432-1844. We’d be more than happy to email a copy to you!
See all the Lake Windward Elementary Homes for Sale
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