Current Dunwoody real estate data and home price trends are now posted as part of the Atlanta Real Estate Data – 4th Qtr ’11 Review. In addition, detailed weekly Dunwoody real estate data and price trends are also available. Looking at current home price trends in Dunwoody we see:
• Year to year change in number of homes sold was +33.8%
• 4th Qtr ’11 distressed sales comprised 19.5% of the total
• Year to year % change in median price was +7.6%
This is a look by FMLS section; we can drill down further still which is required in this case. The Dunwoody market saw an increase in activity as well as median price over the last year. There are likely several reasons for this; the main ones being area desirability, good schools, economic stability and shrinking inventory. The low mortgage rates have obviously helped as well.
Whether or not Dunwoody has “officially” turned the corner remains to be seen but positive signs in all the important areas is a bit plus and makes Dunwoody one of the shining spots in the Atlanta real estate market.