I have blogged about recent sales activity for both Cobb County and for Echo Mill subdivisionin the past. Today I wanted to do something a little different. I went back over the last 36 months and broke that down in to 12 months periods to get a historical look at the price history for Echo Mill.
This information is from sales data compiled from FMLS and is believed to be accurate but its guaranteed.
March1, 2006 -Feb 28,2006 35 Homes sold for an average price of $291,470
March 1, 2006 - Feb28,2007 37 homes sold for an average price of $288,513
March 1,2007 - Feb 29,2008 23 homes sold for an average price of $309,971
I think the drop in price reflected in the middle figure was a result of the conflict regarding the high school redistricting. During that period there were a very high number of homes for sale and some people sold for a lower price just to get the homes sold.
Whatever the reason it seems that the neighborhood prices have rebounded nicely.
To see all of the homes currently for sale in Echo Mill please visit Echo Mill
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