Peachtree Hills, like at lot of the neighborhoods inside the perimeter, is in a blended market cycle. There is a 8 month supply of available homes at current sales levels. This usually denotes a buyers market. But, in this case that is not the whole story. Peachtree Hills is a community that has many different types of homes, many different sqft ranges, and in many different states of condition. What the trends are showing is that there is ample supply of homes creating a buyer's market if you are looking in the $400,000 to $575,000 price range. If you get outside of this range it is definitely a sellers market. But it is a strong market with homes selling for a average of 99% of list price in the last 90 days.
For full details of your neighborhood's 90 day market trend visit MyIntownHomeValue.com This is a really cool interactive report that shows everything going on in your community market wise (or the one you want to move to) Like a 401K report for your home. Best of all its free and no spam!
As always, I am available to answer any and all of your Atlanta real estate questions, Just give me a call at 404-353-9233 or email Bill@BillForrest.com
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