Smyrna Vinings Home Sales Recap for October

Time for us to recap the October Smyrna Vinings home sales. The Smyrna Vinings home market continues it’s improvement and has proven to be a lot more resilient than a lot of areas around metro Atlanta. So let’s get to it and see what’s going on in the only market that matters most to you, your local Smyrna Vinings home market.

This chart shows you the past 12 months of home sales at any given point. As you’ll notice, the green bar is 2007 and we were selling a fair amount more homes in 2007. Sales dropped in 2008, with the drop becoming more pronounced toward the last quarter of 2008. That would be the beginning of the financial meltdown. 2009 home sales started off about 32% off the level just two years previously in January 2007. We saw Smyrna Vinings home sales continue to drop in 2009, but then leveling off in late summer and actually seeing sales pick up toward the end of the year. Typically, you expect sales to be higher in the late Spring and early Summer, but that hasn’t been the case in 2007-2009. The late surge in 2009 was due largely to first-time homebuyer incentives. Finally, in 2010, we’re starting to see a bit more of a traditional market with sales increasing late Spring to early Summer and then leveling off a bit. The other point to take away from this chart is that a lot of Smyrna Vinings homes are still selling. Many areas have experienced a significant drop in sales since June 30th when the home buyer tax credit expired. Obviously, we haven’t seen that here.

The Active Listings chart depicts Smyrna Vinings homes currently for sale. The general shape of the annual graphs are pretty consistent with what we would expect with more homes for sale during the late Spring and early Summer months. What we’ve seen occur in 2010 is that fewer homeowners have decided to sell their home. Some may feel like it’s time to stay put and some may feel like they just can’t sell in this market. Active Smyrna Vinings homes for sale at the end of October declined 6% from September figures. 2010 inventory levels are at an all time-low for October compared to the last three years. If you’ve thought about selling and just aren’t sure, be sure to contact us or find out how much your home is worth.

One other important statistic that we like to track is how we track the health of the Smyrna Vinings home market. Months of inventory is a calculation that takes the current amount of homes for sale and divides that by the number of homes that have sold in the last 12 months. What the result means is if no more homes were listed, how many months would it take, based upon the past 12 months activity, to sell all the homes currently for sale. A result of 6 months is considered a healthy market, less than 6 months a seller’s market and more than 6 months, a buyer’s market. What we can see from the chart above is that we were close to a seller’s market at the beginning of 2007, with the highest amount of bloat and most severe buyer’s market in July of 2009 with significant improvement in 2010. We’re still in a buyer’s market, but we’re at 10.8 months worth of inventory versus 14 months just a year ago and we’ve seen an improvement in October compared to September.

Finally, while these graphs are pretty insightful, we want to let you know what has sold each month. So here’s a quick recap of the Smyrna Vinings homes that sold in October.

  • 4727  Polo Lane , Atlanta  Georgia  30339 located in Polo Place
  • 2806  Drummond Point , Atlanta  Georgia  30339 located in Drummond Point
  • 3200  Lemons Ridge Drive , Atlanta  Georgia  30339 located in Lemons Ridge
  • 2115  Cooper Lake Drive , Smyrna  Georgia  30080  located in Holden Estates
  • 3953  Basque Circle , Smyrna  Georgia  30080  located in West Vinings Place
  • 2112  Murren Drive , Smyrna  Georgia  30080  located in West Vinings Place
  • 4213  Norbury Court , Smyrna  Georgia  30080  located in Paces Ferry Registry
  • 4549  Paradise Shoals Road , Smyrna  Georgia  30080
  • 5249  Sterling Cove Court , Mableton  Georgia  30126 located in Vinings Estates
  • 2866  Green Cove Way , Smyrna  Georgia  30080 located in Greenwood
  • 4110  Oberon Drive , Smyrna  Georgia  30080  located in Paces Ferry Park
  • 4268  Woodland Brook Drive , Atlanta  Georgia  30339 located in Baker Clark
  • 787  Bellhaven Chase Court , Mableton  Georgia  30126  located in Vinings Estates
  • 2241  Fort Drive , Smyrna  Georgia  30080  located in Registry at Park Avenue
  • 2061  Westwood Circle , Smyrna  Georgia  30080  located in Stonehaven at Vinings
  • 4097  Barnes Meadow Rd , Smyrna  Georgia  30082  located in Barnes Mill
  • 5389  Windsor Green Court , Mableton  Georgia  30126  located in Vinings Estates
  • 415  Oak Brook Court , Smyrna  Georgia  30082 located in Oak Hills
  • 1915  Haven Park Circle , Smyrna  Georgia  30080  located in West Haven
  • 1139  Queensgate Drive , Smyrna  Georgia  30082  located in King Valley
  • 1556  Delford Way, Smyrna  Georgia  30082  located in Woodland Brooke
  • 4047  Vinings Mill Court , Smyrna  Georgia  30080  located in Olde Vinings Mill
  • 1171  Drewsbury Court , Smyrna  Georgia  30080  located in Vinings Pointe
  • 2741  Brookgrove Court , Atlanta  Georgia  30339  located in Brook Grove of Vinings
  • 2441  CumberlandDrive , Smyrna  Georgia  30080  located in Vinings Chase
  • 3073  Dunn Street , Smyrna  Georgia  30080  located in Forest Hills
  • 5627  Vinings Place Trail , Mableton  Georgia  30126  located in Vinings Place
  • 3080  Lee Street , Smyrna  Georgia  30080  located in Forest Hills
  • 10  Coopers Glen Drive , Mableton  Georgia  30126  located in Coopers Glen
  • 6217  Huntington Ridge Road , Mableton  Georgia  30126  located in Huntington Ridge
  • 5087  Bright Hampton Drive , Smyrna  Georgia  30080  located in Park At Vinings
  • 5975  HaddonPlace , Mableton  Georgia  30126  located in The Enclave at Oakdale
  • 5139  Fawn Trail , Mableton  Georgia  30126  located in Civitania Woods
  • 5660  Coopers Glen Court , Mableton  Georgia  30126  located in Coopers Glen
  • 2603  Alvecot Circle , Smyrna  Georgia  30080 located in Park At Vinings
  • 1278  Daniell Drive , Smyrna  Georgia  30080 located in Forest Hills
  • 5068  Bright Hampton Drive , Smyrna  Georgia  30080 located in Park At Vinings
  • 3680  Lee Street , Smyrna  Georgia  30080 located in Forest Hills
  • 5060  Bright Hampton Drive , Smyrna  Georgia  30080 located in Park At Vinings
  • 6000  Buckner Creek Court , Mableton  Georgia  30126  located in Brookmere West
  • 6015  Bordeau Walk , Smyrna  Georgia  30082  located in Chateau Walk
  • 1380  QuarlesAvenue , Smyrna  Georgia  30080 located in Forest Hills
  • 6131  Farmwood Way , Mableton  Georgia  30126  located in Vinings Plantation
  • 3057  Vineyard Way , Smyrna  Georgia  30082  located in Chateau Walk
  • 1119  Oakdale Drive , Smyrna  Georgia  30080 located in Forest Hills
  • 510  Norton Circle , Smyrna  Georgia  30082  located in Norton Park
  • 5068  Huntcrest Drive , Mableton  Georgia  30126  located in Huntcrest
  • 2996  Emory Road , Smyrna  Georgia  30080
  • 196  Chateau Way , Smyrna  Georgia  30082  located in Chateau Walk
  • 4094  Norton Place , Smyrna  Georgia  30082  located in Heritage Mill
  • 31  Wrenfield Lane , Smyrna  Georgia  30082  located in Winward Forest
  • 5180  Forest MistDrive , Smyrna  Georgia  30082  located in Green Forest
  • 3413  Navaho Trail , Smyrna  Georgia  30080 located in Creatwood Forest
  • 550  Lee AnDrive , Smyrna  Georgia  30082  located in Russell Heights
  • 117  Deerfield Trail , Mableton  Georgia  30126  located in Grainger Hills Estates
  • 514  Gresham Road , Mableton  Georgia  30126  located in Gresham
  • 665  San Fernando Drive , Smyrna  Georgia  30080  located in Belmont Hills
  • 2007  Kenwood Road , Smyrna  Georgia  30082  located in Kenwood
  • 685  Inglewood Drive , Smyrna  Georgia  30080  located in Belmont Hills
  • 2935  Anderson Circle , Smyrna  Georgia  30080
  • 1885  Benson Avenue , Smyrna  Georgia  30080 located in green acres
  • 2212  Old Spring Road , Smyrna  Georgia  30080 located in Green Hills
  • 4894  Sugar Valley Road , Mableton  Georgia  30126  located in Clay Manor
  • 2698  Gilbert Street , Smyrna  Georgia  30080
  • 2179  Harold Lane , Smyrna  Georgia  30080 located in Green Hills
  • 1188  Old Alabama Road , Mableton  Georgia  30126
  • 781  Pat Mell Road , Smyrna  Georgia  30080

That is your Smyrna Vinings homes sales activity recap for October. Hope that was helpful and don’t hesitate to contact us if we can help you sell your Smyrna Vinings home or find your new Smyrna Vinings home.

Click here if you’d like to know what your Smyrna Vinings homes is worth.

Click here to start your Smyrna Vinings home search.

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[where: 30339]

[where: 30082]

[where: 30126]

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