The 3 Atlanta neighborhoods ready for a surge in demand in 2017

Historic Adair ParkDo you work in the Adair Park, Capitol View, or West End/Westview housing markets? If so, 2017 may prove to be a busy year.

According to the new “Hottest Neighborhoods” rankings from Redfin, those three neighborhoods will see the most real estate activity in all of Atlanta in 2017; Redfin based its predictions on website page views and local perspectives.

Here are the specific stats Redfin shared on the three neighborhoods, including the “Hot Homes,” share, meaning the share of homes that sell quickly:

Neighborhood Median Sales Price Median Days on Market Average Sale-to-List Hot Homes Share
Adair Park $128,000 112 93.5% 44.4%
Capitol View $89,000 83 95.3% 47.9%
West End/Westview $130,000 97 100% 45%

Victoria Hurd, an agent with Redfin, said a reverse migration has fueled demand for Adair Park.

“Lately, neighborhoods like Adair Park have seen a new wave of popularity, as people move back in from the suburbs around Atlanta and want to be closer to the city center,” she said. “Many homebuyers have been priced out of more established neighborhoods, but Adair Park is one of the last neighborhoods close to downtown where first-time homebuyers can still find nice homes in the $100,000 to $200,000 range. This neighborhood has also become really popular as more people have opted for car-free lifestyles; it’s right next to the West End MARTA rail station and has a Bike Score of 72, making transportation quick and easy.”

Article reprinted from AtlantaAgent Magazine,

Are you considering purchasing a home in one of these or area neighborhoods in West Atlanta? We can assist you in your search. One of our agents will be happy to show you houses, discuss the opportunities and help you find the home of your dreams. Contact one of our agents today!

posted: Feb 1, 2017 | No Responses

Posted by:  Melissa Wakamo

When Melissa Wakamo began her real estate career in 2004, her goal was to focus on her immediate area and get to know her neighbors. "I've had a lot of fun over the years helping my neighbors sell their homes and helping newcomers become a part of our community."

Melissa quickly became one of metro Atlanta's top producing agents and consistently performed in the top 1% of all Atlanta agents. By 2009, Melissa's real estate team had grown to include several agents and support staff, dedicated to providing exceptional service to buyers and sellers in Atlanta's intown neighborhoods.

In 2010, Melissa transitioned Red Robin REALTORS® into an independently owned boutique brokerage. Even in the tough real estate market during that time, Red Robin REALTORS® continued to outperform other small brokerages and was able to help buyers and sellers adapt to the rapid changes in the market.

In 2017, Melissa had the opportunity to merge the Red Robin REALTORS team with another like-minded boutique brokerage, Keller Knapp Realty. The two community-focused organizations bring together more than 100 agents, including 3 of the top 10 agents in metro Atlanta. With offices in Oakhurst, Ormewood Park and Midtown, Keller Knapp Realty and Red Robin REALTORS team are the top boutique real estate firm in Atlanta.

In her role as Managing Broker, Melissa provides agent training, marketing and strategic oversight for the Brokerage, ensuring that the brokerage maintains its focus and commitment to the intown market.

Melissa's active participation in various neighborhood organizations and charitable efforts, as well as her passion for antiques, cooking, and gardening, keep her busy and in touch with the community.

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