Avg Sold Price : $194567 in 2013; $163103 in 2012 (19.29 % increased)
Avg Days on Market: 93 days in 2013; 122 days in 2012 (23.77 % decreased)
Per Local Market Insight April 2014 Data Source from CoreLogic – Woodstock GA 30189
New Listings: YTD 2014 - 291; 2013 -239 (21.8 % increased)
Closed Sales: YTD 2014 – 126; 2013 -168 (25 % decreased)
New Pending: YTD 2014 -197; 2013 -221 (10.9% decreased)
Median Sold Price – YTD 2014 : $184000; 2013 : $161500 (13.9% increased)
If you need Woodstock GA 30189 Market Statistics Detailed Report (Data Source from CoreLogic), please let me know. Thanks
Towne Lake is like Bridgemill; desirable but both were hammered. There has been recovery - that is defined as mainly stability. Values may have moved up a bit from the bottom but I can say not in huge gulps. Most activity is in that first move up range, the higher stuff is still soft.
It's simple, sooner or later we have to stabilize and climb out, it just won't be at a rapid rate and it will happen fastest in the moderately priced homes. We're never getting back to the highs, success will be getting back to pre bubble levels....
Jimmy is fine kicking out FMLS stats but the bottom line is that to get the best picture you need to account for differences and that includes the influence of distressed sales.
The devil is in the data and that data doesn't always mesh with what people think.