November 6, 2011
By The Karp Team
The month of October has seen a slowing in activity for the Alpharetta, GA area as far as real estate goes. Interest rates have remained low and there is plenty of inventory available in all prices ranges of the housing market currently. There were 107 Alpharetta GA homes sold within the month with prices ranging from $42,650 to a high of $3,400,000. The average days on the market were 97 days and the average price was $414,923. Some of the more active selling neighborhoods within Alpharetta this month were Glen Abbey, Country Club of the South and Deer Lake. With the current Alpharetta GA homes for sale, there are 853 active listings priced from $79,900 to $8,500,000.
The market should be fairly quiet with the Holidays approaching. With mild temperatures and weather, the activity should be slower to moderate. A little more relocation activity may occur.
If you should be in the market to buy or sell a home in the Alpharetta area, please contact David or Phil Karp of The Karp Team at Peachtree Realty Group at the contact information provided on this page. With over 41 years of combined experience, we would be happy to help you any way possible.