August 2017

There are 1 blog entries for August 2017.

Alpharetta home sales trends 2017

I often get asked how the market is doing in the Alpharetta and Johns Creek area.  Well I can tell you it is very strong if you are a seller and recent buyers have been happy as prices continue to move up.  Since I love numbers (math and engineering nerd I must admit) I have been crunching through the data and want to point out a few observations.

The closing price to listing price ratio was 98.9% for all sales under $500K in Alpharetta for the 1st six months of this year.  That means a $300K home would have sold for $296,700 on average.  Also it is interesting to take note that each successive year since 2013 the ratio has gotten stronger for the seller.

Next I looked at the monthly inventory of homes available priced under $500k.  It has

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