For all single family homes in Buckhead during Deceber 2008:
The average sold price was $958,000. This is an increase of 16% over December 2007.
The average active listing price was $1,474,000. This is a 0.1% increase over December 2007.
37 homes sold and 24 homes went under contract. One year ago, 44 home sold (16% decline) and 49 homes went under contract (51% decline).
For single family homes over $1 million:
The average sold price was $1,778,000 (up 12% over December 2007)
The average listing price was $2,451,000 (up 8% over December 2007)
12 homes sold and 6 homes went under contract. One year ago, 12 homes sold (no change over previous year) and 21 went under contract (71% decline).
Source: Trendgraphix