Edgewood continues to be the only Atlanta in DeKalb neighborhood with a year over year increase in Average Sales Price. The East Lake and Kirkwood markets continued to experience a decline in the Average Days on the Market. All of the markets experienced a decline in the Number of Units Sold and in Annual Sales Volume.

Here are the results of the January 2010 survey:

Candler Park had a 3% decline in Average Sales Price over the last year-$442,388 in 2008 to $430,369 in 2009. The Average Number of Days on the Market increased dramatically by 152% from 44 to 111. The Number of Units Sold was off by 6% from 51 in 2008 to 48 in the last year. Annual Sales Volume was down 8%-$22,561,686 to $20,657,712 in the 12 months of ‘09.

The Druid Hills market had a fall in Average Sales Price from $628,750
to $593,579 in 2009, a drop of 6%. The Average Number of Days on the Market
was up by 32% from 68 to 90. The Number of Units Sold fell from 78
to 50 in 2009, a decline of 36%. Annual Sales Volume was down by
39% from $49,042,500 in ‘08 to $29,678,950 in ‘09.

East Atlanta had a 17% decrease in Average Sales Price-$206,958 to $172,491.
Average Days on the Market was up by 10% from 70 to 77 days. East Atlanta had a 3% fall in the Number of Units Sold-120 in 2008 to 116 in 2009. Annual Sales Volume fell by 19% from $24,834,960 in ‘08 to $20,008,956 in ‘09.

The East Lake market had a 10% decrease in Average Sales Price from $221,726 to $199,110. The Average Number of Days on the Market dropped from 94 to 52, a fall of 45%. The Number of Units Sold was down by 29% from 56 to 40 in 2009. Annual Sales Volume in the market dropped by 36%-$12,416,656 to $7,964,400

Edgewood had an increase in Average Sales Price of 8% from $149,514 to $162,163. Average Days on the Market increased by 22% from 63 to 77. The Number of Units Sold declined from 53 in 2008 to 47 in 2009, a drop of 11%. Annual Sales Volume fell from $7,924,242 in 2008 to $7,621,661 in 2009, a decrease of 4%.

Kirkwood experienced a decrease in Average Sales Price of 5%-$232,678 to $221,590. The Average Number of Days on the Market was down from 67 to 63 or 6%. The Number of Units Sold declined by 17% from 155 to 129 and Annual Sales Volume fell by 21%-$36,065,090 in ‘08 to $28,585,110 in ‘09.

The Lake Claire market had a fall of 8% in Average Sales Price from $447,408 to $410,658. The Average Number of Days on the Market was up by 98% from 50 to 99 and the Number of Units Sold fell by 35% from 37 in 2008 to 24 in 2009. Annual Sales Volume for the market was off by 40% from $16,554,096 to $9,855,792 in the 12 months of 2009.

We will look at the results from the Intown North markets in our next posting