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Summer Market Update: Real Estate Booming in Springlake, Wildwood, and Memorial Park

Anna Stephens July 15, 2024

Mid-Year Market Update: Springlake, Wildwood, and Memorial Park

Summer is in full swing, and the real estate market in the highly coveted Morris Brandon neighborhoods—Springlake, Wildwood, and Memorial Park—is holding strong. Tight inventory and high demand are defining the market, resulting in multiple offers, fewer days on the market, and continued appreciation in property values. The proximity to the Beltline, retail hubs, and restaurants continues to draw both local and transplant buyers to these areas.  

Beyond their prime locations, it’s the sense of community that truly makes these neighborhoods shine. Events like soapbox derbies, pumpkin patches, popsicle parties, and garden clubs foster a vibrant community spirit that attracts buyers who want to be a part of something special.

Key Market Stats for Springlake, Wildwood, and Memorial Park:

January-July 2024

  • Total Sales: 16
  • Average Sale Price: $1,112,813
  • Average Price Per Square Foot: $406
  • Average Days on Market: 19

Team Stephens Orren Shepherd currently has several buyers at various price points eager to move into these desirable neighborhoods. If you know anyone—friends, family, or acquaintances—who is considering selling, please put them in touch with us.

Sincerely,
Anna, Katherine Clare, and Ashley
Team Stephens Orren Shepherd

 

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