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. 

Our favorite website tool is the Atlanta Market Snapshot. Right above this post on the blue toolbar, just click and fill out a few bits of information and confidentially sent to you as often as you want is the most detailed market analysis tool available in Atlanta today. Many agents feel this is too much information to give customers and clients direct access too but we feel that the true value of an experienced agent is not handing you raw numbers.  There are trending graphs and maps that pinpoint the exact transactions as well as a direct link to Zillow, the controversial on line appraisal tool.

However, how long a home was on the market for or even what it sold for is not the whole story. We welcome the opportunity to let our clients have all this information in one easy to access format.  If you are visual and like graphs, there are charts,  if you want to drill down to the data, there are details of the properties and transactions. By finding and implementing these latest tools for our friends and clients, we can spend more time showing and selling properties, talking with the owners, buyers and agents and getting and creating the “story” behind the statistics.  Sometimes things are not as they seem,  for instance in today’s market  in many high-end and new construction sales we are seeing trades and swaps becoming another “term” to be negotiated as well as “price”.  This will never show up on a graph or list of sales. 

Terms are very important right now in this very competitive and challenging market.  It’s not just the excess inventory that is a seller’s competition, it’s the skill, experience and creative negotiating abilities of the agents handling the competing properties.

I love that we are able to provide our customers and clients with this information in the most effective and timely way possible.   Just know that we are a phone call or live chat away for the “story” behind the statistics.

Here to serve you,

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Coming soon to Atlanta, Market Snapshot will give clients access 24/7 to the latest information on sales and listings in their neighborhoods. Trend graphs and mapped comparables give a comprehensive dashboard view of the residential market in the immediate area. The Cheri Riley Group is slated to be one of the first brokers in Atlanta to have access to this format and we would love to make it available to you. Please add you name to the private comments section below or fill out the contact us form on the website. If you have received a postcard from us we have you in our database if not then please give us your address and as soon as we are set up your email address and specific property location will be programmed in and you will receive automatic monthly updates.

We are constantly scouring the marketplace for useful tools and information for our friends and clients. In addition to the personalized reports we will be documenting significant sales on this site on a monthly basis.

The rest of the supporting documents related to this very important issue can be found at the Atlanta Public School System site at the following address: http://www.atlanta.k12.ga.us/content/NorthsideOvercrowding.aspx

If you have any difficulty locating the information just comment here and we will email it to you.