As I explained in a previous post, knowledge of the home inventory for a given price range and/or area can be an effective tool in negotiating.
Here are some Buckhead homes inventory numbers as of today:
$500,000 – $1,000,000 – 16 months of inventory
338 currently active, 254 sold in last 12 months
$1,000,000 – $3,000,000 – 1 year and 9 months of inventory
295 currently active, 167 sold in last 12 months
$3,000,000 and above – 7 years of inventory
77 currently active, 11 sold in last 12 months
Related posts:
[...] can look at past posts for a [...]