3rd Quarter 2011 Buckhead Home Sales Report

Here is the Buckhead Home Sales Report for the 3rd Quarter of 2011.  This includes single family detached homes sold between July 1 and September 30, 2011.

Buckhead Home Sales July-September 2011

Homes Sold in 3rd Qtr of 2011 - 164

Average List Price - $812,919

Average Sales Price - $742,811

Average Sales Price/List Price Ratio - 91.3%

Average Days on Market - 180 Days

These numbers are almost unchanged from the same time period in 2010.

The highest sales price for a Buckhead home during the 3rd Quarter of 2011 was $3,857,500, which was Atlanta Falcons Owner Arthur Blank's home on Tuxedo Road.  The 2nd highest price was Kenny Rogers home on Valley Road that closed for $3,725,000. The average house had 4 bedrooms, 3.5 baths and measured in at 3,200 square feet.


Visit my website www.TheBuckheadOffice.com to search available homes for sale in Buckhead.


For more information about your neighborhood, feel free to contact me:


Carson Matthews
Associate Broker
Atlanta Fine Homes Sotheby's International Realty
678-595-9286
www.TheBuckheadOffice.com

Watershed Restaurant Relocating to Buckhead in 2012

Watershed Restaurant, an award-winning Southern-inspired eatery that pioneered the Decatur dining scene when it hung its shingle on a converted gas station 13 years ago, is re-locating to The Brookwood, a 219-unit, mixed-use condominium community located on Peachtree Street in the heart of the historic Brookwood Hills neighborhood. The move will empower owners Ross Jones, Indigo Girls’ Emily Saliers and Chef Joe Truex to realize their dream of growing the business with private dining, a patio and a wealth of parking. They plan to maintain the integrity of the Watershed brand, including the inspired cuisine of acclaimed Chef Truex, while updating it with a modern sensibility reflective of the new location. Diners can expect to see General Manager Jones on the floor and Chef Truex in the kitchen of this Smith Hanes-designed 175-seat jewel.

With the new location – set to open in Spring 2012 – comes a refined editing of the menu. Truex plans to update Watershed’s Southern-inspired cuisine with flavors from the Georgia Coast to the Louisiana Bayou and everything in between including the diverse ethnic flavors found throughout the South. The restaurant will continue to boast an expansive wine program – including the monthly wine club tastings – and bring back Fried Chicken Night with a twist.

Learn more about The Brookwood

Learn more about Watershed Restaurant

Atlanta Public Schools Return to Fully Accredited Status

The AJC just reported that Atlanta Public Schools APS will be removed from probation status and return to it's fully accredited status.  Read about it on the AJC at http://www.ajc.com/news/atlanta/atlanta-to-be-fully-1214716.html