Buford, GA Real Estate Information

Lane Bailey - Thursday, 18 March 2010 05:53

Things to Do and Suggested Trip Itineraries (from NileGuide)

Things to see and do

Trips to take

Atlanta's Best Sunday Brunch

What is better than starting a Sunday in Atlanta with a scrumptious meal? Not much. In this southern city there is a wide variety of delicious eateries to please any brunch-craving palette. Southern specialties abound (you are in Atlanta, after all). There are also comfort food havens - about as close as you’ll get to Mom’s cooking without actually going home. Just make sure to have coffee before leaving the house; Sunday brunch is a popular meal in Atlanta and getting a table can take a while. Don’t worry though – brunch in Atlanta is more than worth the wait.

Atlanta's Best Tacos

Tacos may not be the first meal that comes to mind when you think of the South, but Atlanta has a fare share of delicious taquerias that should not be missed. From fish and chicken to vegetarian options, tacos are a must-try meal on a visit to this bustling urban city. Here are a few noteworthy spots to check out and don't forget to wash down some chips and salsa or a margarita in the process.

First Time in Atlanta

A bustling urban oasis in the heart of the Southeast, Atlanta mixes southern hospitality with urban splendor. Situated in the northern part of Georgia, Atlanta is well known for its airport and as the headquarters of large corporations, such as The Coca-Cola Co. and The Home Depot. While Atlanta is a sprawling city, it is also just 45 minutes away from the beautiful Blue Ridge Mountains and other natural delights, giving visitors the option of trees and rolling hills or high rises. Whether you're staying downtown or venturing out, it is easiest to get around by car or taxi, but be warned that traffic in Atlanta can get ugly at rush hour. There is also the option of using the MARTA trains which run south from the airport to the northern suburbs. While the weather remains mild most of the year, there is nothing like the early fall and spring when the city comes alive with outdoor festivals and concerts. Throughout the year Atlanta offers several worthwhile attractions as well as top-notch restaurants, nightlife and entertainment. A playground for celebrities, Atlanta is also well-known for the hip hop artists and actors that call it home. You may even bump into one at the Saturday night hot spot or at Sunday brunch.

Historical Atlanta

Originally known as a settlement named Terminus for the railroad that ran through it, Atlanta became an important railroad and military hub during the Civil War. Today it is a fast growing metropolis with more than 5 million residents, but remnants of its historical past still remain. From the enormous bas-relief carving at Stone Mountain to the Kennesaw Mountain National Battlefield, there are a number of attractions that bring alive Georgia's historical past for all to see. Here are a few spots that should not be missed.

Atlanta Outdoor Adventures

Although Atlanta is known to be a bustling urban oasis in the heart of the Southeast, the city offers a variety of outdoor activities to enjoy. From the hiking trails and water sports at area nature preserves to the city parks and gardens near downtown, their is a nyriad of attractions to chose from that will keep you outdoors and breathing fresh air. So when the hustle and bustle of the big city becomes too much to bare, put on your sneakers and enjoy nature.

Market Statistics

Zillow Home Value Index:

$130,380

Market Value Change

Time frame: 1 YR | 5 YR | 10 YR
Buford, GA real estate market value change over time

Avg. Home Value

Buford, GA home prices and values

Avg. Condo Value

Buford, GA condo prices and values

Buford, GA Affordability Data

  Local National
Zillow Home Value Index $130,400 $184,700
1-Yr. Change $-11,606 $-8,866
Median Condo Value $0 $170,600
Median Single Family Home Value $130,000 $186,800
Median List Price $175,000 $205,000
Median Sale Price $299,900 $198,500
Median List Price Per Sq Ft $80 $110
Homes For Sale 130 3,544,205

About

Buford, GA Photos
... provided by flickr®

All About Buford...

Buford, GA is a suburb of Atlanta in Gwinnett and Hall Counties. The population is 2000 was 10,668, but that only included the area inside the city limits, and it had seen tremendous growth since that census. Buford is home to Lake Lanier, one of Georgia\\\\\\\'s premiere recreational areas, and Lake Lanier Islands. Recently, the City of Buford has revamped their old town. It is also home to Buford (Buford City Schools aren\\\\\\\'t a part of Gwinnett County Schools), Mill Creek, Mountain View and Lanier High School (Lanier will open for the 2010-11 school year).

Market stats for Buford, January, 2010 indicate that there were 630 properties on the market. Overall, there was about an 13 month supply of properties, with sales slowing. Oct/Nov were up dramatically, Dec was steady and January was down dramatically from last year.

In the sub-$200k arena, there were 249 listings, with over 8 months supply.Sales are definately slowing, with Absorption Rates moving out of the 5s to the 8s in the last couple of months.

Between $200k and $400k, there were 308 listings for sale, and just over 19 months of supply. Sales going from 19 for January 2009 to just 9 for January 2010 pretty much tells the whole story... In December, we were seeing accelerating sales... now we aren\\\\\\\'t.

From $400k to $600k, there were 51 homes on the market. The absorption rate is around 22 months. For the Nov-Jan period, sales dropped from 12 a year ago to 7 this year.

In the $600k to $800k arena, there were 8 listings, with about a 24 month supply. Sales in this range are pretty sporadic, but steady when looking at the long-term. The drop in inventory over the last few months from 16 homes to 8 homes have meda things look less slow...

The range from $800k to $1m, there were 5 homes listed and approximately 15 months of inventory on the market. But with only three sales in the last year, that number can bounce pretty wildly.

Above $1m, there were 9 properties listed. The current absorption rate indicated 9 years of inventory, but because of the smaller numbers of sales, this could be significantly impacted by just a couple of sales. There has only been 1 sale in the last year...

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