Georgia Real Estate Voice

Right now there are 5,467 single family homes on the market in all of Dekalb County GA ranging in price from a high of $5,837,400 all the way down to a low list price of $9,000.

In March, 386 homes sold. At that rate, it will take about 61 weeks, yes more than a year for all the homes in Dekalb County to sell if nothing else comes on the market.  This isn't doom and gloom, this is opportunity knocking.

These numbers are proof that it's a buyers market now. So, if you ever considered investing in real estate, now is a great time to be an investor. If you are a first time home buyer, take advantage of the $8,000 tax credit available for homes purchased by the end of 2009. Rates are at historic lows. Keep in mind that rates this low cannot last forever.

There are down payment assistance programs available too. Check out the following:

Info on Georgia Dream Down Payment Assistance

Info on Dekalb County's Down Payment Assistance

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If you are thinking of buying or selling a home in Dekalb County GA call someone who knows the market. Realtor and Broker Associate, Jen Bowman with Success Realty 404-456-5024.

Read more of the Georgia Real Estate Voice.

Dekalb County, GA real estate is still selling!  Dekalb County includes Decatur, Atlanta, Dunwoody, Stone Mountain, Lithonia, Scottdale, Clarkston, Avondale Estates, Doraville, Chamblee and others. 

January 1 through February 28th 2009 there were 1,862 new listings. The average list price is $261,523. There are 754 pending sales.  That means they are under contract but not yet closed. 395 Single family homes have been sold and closed. The average original list price of the homes that have sold is $196,674. The average sales price is $171,022. Homes have sold on average in Dekalb County for 94.10% of list price with as high as 97.48% of list price in some areas. The average days on market is 86.

What does this mean? It means that homes in lower price ranges are moving.  It's a great market for 1st time home buyers. For those in higher price ranges, things are a little slower. Many people buying in the higher price ranges need to sell a home first before buying the next. Homes are in all price ranges from starter homes and investment homes under $50,000 to over $5.8 million.

If you are thinking of buying or selling a home, contact Realtor and local expert Jen Bowman, Broker Associate, e-PRO with Success Realty serving the real estate needs of Decatur and Metro Atlanta, GA. 404-456-5024.