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Oakhurst Real Estate: A look back at 2011

The 2011 Oakhurst Real Estate market had an uncanny resemblance to the 2010 Oakhurst Real Estate market with a total of 92 homes sold ranging in price at the low end of $125,000 to the high end of $795,000.  That's just 5 more homes than 2010 when a total of 87 homes sold ranging in price from $113,000 to $638,000.   

In 2011, the average Oakhurst home listed for $378,131 and sold in 85 days for 94.35% of list price at $349,252.    That's a slight improvement when compared to 2010 when the average Oakhurst home listed for $368,635 and in 101 days for 94.86% list price at $343,956. 

A quick look at the numbers and we discover the improvement in average sales price is, in large part, because of the higher total sales volume of homes sold above the $500,000 threshold.   Although the exact same number of homes, 14, sold above the half million dollar mark in both 2011 and 2010 -- this segement realized an 11% increase year over year.    In...

Metro Atlanta Luxury Short Sales

A quick look at the short sale market reveals there are several homes in the $1,000,000 plus price range currently listed as potential short sales.  From Luxury Estates to Penthouse Condominiums -- there's a little something for everyone.  And an excellent opportunity for buyers to negotiate deep, deep discounts on preforeclosure listings. 

Luxury Short Sales & Pre-Foreclosures

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