Life After the Housing Tax Credit?

May 17, 2010 by Greg Saunders  

Okay Peachtree City, I apologize because it has been a minute since I’ve posted an article.  But honestly I have been swamped with assisting first time home buyers get their deals closed by the deadline which was April 30th.  After I finally got a chance to take a breather I had to stop and think about what would happen now that the tax credit is gone.  Did this initiative help stabilize our fragile economy or was it all just a waste of taxpayers monies to the tune of approximately $35 billion?

1st Quarter 2009 Analysis of Peachtree City Home Sales

April 20, 2009 by Greg Saunders  

Number of Sales: 57

Avg. Days on Market                                                         
(solds)   142

Homes for sale now: 343

Avg Days on Market: 115

Month supply of homes: 17.6

 

Fannie Mae Market Conditions Results

Look Back Date: Apr 20, 2009

Report Date: Apr 20, 2009

Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current-3 Months
Total Number of Comparable Sales (Settled): 236 60 71
Absorption Rate (Total Sales/Month): 39.33 20.00 23.67
Total Number of Comparable Active Listings: 296 277 325
Months of Housing Supply (Total Listings/Abs. Rate): 7.5 13.9 13.7

Recent Peachtree City Home Sales

December 15, 2008 by Greg Saunders  

Recent Home Sales for Peachtree City, Georgia   10/1/08 - 12/14/08 

Address                   Subdivision          Sell Price            Bd/Ba                Days on Market               Close Date

 

 

 

205 Melrah Hill         Pinegate              $275,000            4/2                          38                             11/10/08

 

 

407 Ashville Drive    Chadsworth          $233,100           4/2                            201                            10/31/08

 

 
638 Grecken Green   Morallion Hills       $220,000           4/2                           14                             10/24/08

 

 

 

 

119 Sweetgum Road  Lake Peachtree      $113,000            3/2                            97                            10/31/08

Info from FMLS

Recent Home Sales

August 26, 2008 by Greg Saunders  

Recent Home Sales for Peachtree City, Georgia

Address                           Subdivision            Sell Price     Bd/Ba           Days on Market    Close Date

110 Cadminum Ct            Planterra                  $355,000        5/3                71                            07/19/08

  

 

 

 

  

114 Twin Bridge Ln         Wilshire Est                $370,000      5/4                 49                            07/11/08

 

 

 

  

 

 

 1201 Rosslyn Bend         Hunnington Pl             $274,900     4/2                  33                           08/18/08

 

  

 

 

 

316 Loring Lane             Kendron Hills               $485,000      5/3                   128                         07/31/08

 

 

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