We have created charts that track the last seven day moving average for sales price and inventory count in ten of Atlanta’s top zipcodes in Buckhead, Vinings, Dunwoody, Sandy Springs, Roswell and East Cobb. These are dynamic and change once a week. In addition to the seven day average you will see the 90 day average tracking behind it. Note the relationship between the amount of inventory and the selling price. We will be continuing to add custom charts including one that tracks only the top quartile in each of those area’s.
This link: Altos Zipcode Charts for Inventory and Price in Atlanta’s Top Tier Neighborhoods will get you to those charts but for a more detailed analysis by zipcode sent to you once a week that offers 10 pages of information specific to that zipcode just email us at cheririley@atlantafinehomes.com
This is a good reference point for determining where the numbers are heading in a given area. The benefit for a buyer would be help timing an offer. A seller would benefit when timing a price adjustment.
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About the author: Cheri Riley is the Founding Partner of the Cheri Riley Group at Atlanta Fine Homes Sotheby's International Realty. She has overseen almost two billion dollars in residential real estate sales either directly or under her management. Her passion is uniting extraordinary properties with extraordinary people.
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