Walton High Home Sales May 2012

| June 6, 2012 | Reply

45 homes closed in the Walton High School cluster in May 2012. That’s 3 less than in 2012. The median sales price was $375,000 while the average sales price comes in at $458,363, and almost $75k increase over the May 2011 average in Walton. This is good news for an East Cobb market that is seeing very rapid recovery. It seems like overnight it has gone from a perceived buyers market to a sellers market.

Here are a few highlights:

May 2012:

  • 31% of homes sold in less than 2 weeks compared with 23% in 2011.
  • 47% of homes sold in less than 30 days vs 40% in 2011.
  • 22% of sales were in the price range of $500,000 to $750,000
  • 4 homes sold over $1M compared to zero in 2011
  • 86 homes listed in May
  • There is approximately 5 months of inventory on the market in Walton based on May’s sales numbers

 

 

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Category: East Cobb Real Estate, East Cobb Realtor

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