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Following is the activity recorded for Duluth Georgia Residential Real Estate Listings from 20 May, 2007 to 26 May, 2007:
Big news in real estate sales in Duluth, GA this past week with new listings being even with concluded sales!!However, considering the 30 homes that went under contract, 3 expired listings, 19 sold listings and 7 listings withdrawn, the overall availabillity of housing decreased by 28 units. This seems to indicate that Duluth may be swinging to a sellers market!
There were 31 Duluth Georgia homes listed for sale this past week, with listing prices ranging from $142,000 for a 2BR, 1BA home in Howell Glen to $1,955,000 for a 7BR, 6 Full 2 Half BA home in St. Marlo. The average list price for all new Duluth Georgia homes listed for sale in the last week was $423,477. A total of $13,127,800 worth of Duluth Georgia housing came on the market last week, down from $17,390,699 the week before!
0 Duluth Georgia home came back on the market this past week.
0 Duluth Georgia mls real estate listing was extended this past week.
Sellers are settling in for the long haul as only 9 Duluth Georgia homes had their prices reduced while 0 Duluth Georgia home had a price increase this past week. This is a strong signal that homeowners think they might get their asking price!
Hopes of getting a sale were dashed for only 3 Duluth Georgia homeowners this week as their listings expired, they were priced from $539,800 to $899,900.
On the bright side, there were 30 Duluth Georgia mls real estate listings that went under contract this past week! These homes ranged in asking price from $124,000 for a 2BR, 1BA home in Everett Bagwell to $1,399,000 for a 6BR, 6 Full 2 Half BA home in Sugarloaf Country Club. The average list price for all Duluth Georgia mls real estate listings that went under contract last week was $321,040. A total of $9,631,225 worth of Duluth Georgia housing went under contract in the last week, up from $7,329,920 the previous week.
There were 19 Duluth Georgia mls real estate listings reported sold this past week, up from 10 last week! These homes ranged in price from $145,000 for a 3BR 2BA home in Covered Bridge to $1,075,000 for a 6BR, 5 Full 2 Half BA home in Sugarloaf Country Club. The average sale price for all Duluth Georgia homes sold this past week was $465,344. The average list price to sale price ratio for all Duluth Georgia homes sold this past week was 94.4% down from 98.1% the previous week. The average Days on Market for all Duluth Georgia homes sold this past week was 94, up from 45 the previous week. A total of $8,841,545 worth of Duluth Georgia housing was closed on this past week, up from $2,648,980 the week before.
There were 7 Duluth Georgia mls real estate listings withdrawn from the market last week.
Feel free to contact Lucia Brooks at 404-803-0483 or lucia@luciabrooks.com if you would like more detailed information regarding these transactions.
Visit http://www.luciabrooks.com/ to view all homes for sale today in Duluth Georgia!
Please let me know if there is any other information you would like to see in this report in the future.
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