Hereâ€™s a detailed look at sales activity in the Alpharetta, Cambridge, Milton and Roswell High School districts over the last 18 months. In the analyzed price range, Roswell is a very strong and very active market with a 62% increase in sales and a ridiculously low median 14 days on market. We focused on homes listed between 400K-600K, with 4-5 bedrooms and we looked back eighteen months. The ability to customize search criteria allows for a highly focused comparison, substantially more informative than the standard agent review.
The parameters of this research:
Median Price Change Over Last Year
Median Price Change by Quarter Since 01/12
AlpharettaÂ Â +3.9%
Number of Sales By Quarter Since 01/12
Median Sale to List Price Ratio
Median Days on Market to Sell Last Quarter
Click on the charts below to see the compete data report for each school district, the rectangles highlight the key data.
This information is the same type an appraiser uses to complete the market conditions form on an appraisal, the â€œmeatâ€ of an appraisal reportÂ and where underwriters focus.This is also just a small part of the research that HMT completes forÂ Atlanta home sellersÂ before we list and just part of what we give the appraiser when they come out to appraise our listings. We meet them to ensure that they are knowledgeable about the micro market and the home.Â We have NEVER had an appraisal issue hold up or modify a transaction.
Â Home buyers in AtlantaÂ also see this research as part of the prepurchase analysis. We run very specific data reviews to ensure that we understand the current micromarket and our offers are based upon this data. Many times we use this data to ensure that the listing agent is aware of what an appraiser is going to see. Weâ€™re not always successful; there are situations where despite the clear data, sellers refuse to acknowledge it.