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North Metro Atlanta Real Estate - Lawrenceville GA Real Estate Market Update!

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers 202787

Click here to see all North Metro Atlanta Real Estate for sale

Following is the activity recorded for Lawrenceville Georgia Residential Real Estate Listings from 20 May, 2007 to 26 May, 2007:

It was a very busy week in real estate sales in Lawrenceville, GA this past week with new listings outstripping concluded sales by just over 3 to 1.  However, considering the 82 homes that went under contract, 40 expired listings, 65 sold listings and 30 listings withdrawn, the overall availabillity of housing decreased by 31 units. This seems to indicate that Lawrenceville might start swinging to a sellers market! 

There were 186 Lawrenceville Georgia homes listed for sale this past week, with listing prices ranging from $99,900 for a 3BR, 2BA home in Acadia Woods to $715,000 for a 5BR, 3.5BA home in Miramont.  The average list price for all new Lawrenceville Georgia homes listed for sale in the last week was $226,255.  A total of $42,083,344 worth of Lawrenceville Georgia housing came on the market last week, up from $38,370,103 last week!

1 Lawrenceville Georgia home came back on the market this past week.

1 Lawrenceville Georgia mls real estate listing was extended this past week. 

Sellers are ready for some serious action as 42 Lawrenceville Georgia homes had their prices reduced while 0 Lawrenceville Georgia homes had a price increase this past week.  This is a strong signal that homeowners are ready to get moving!

Hopes of getting a sale were dashed for 40 Lawrenceville Georgia homeowners this week as their listings expired, they were priced from $106,900 to $599,900.

On the bright side, there were 82 Lawrenceville Georgia mls real estate listings that went under contract this past week!  These homes ranged in asking price from $72,500 for a 2BR, 1BA home on Chestnut Street to $640,000 for a 4BR, 3.5BA home in River Station Estates.  The average list price for all Lawrenceville Georgia mls real estate listings that went under contract last week was $200,719.  A total of $16,459,010 worth of Lawrenceville Georgia housing went under contract in the last week, down from 17,037,751 the previous week.

Sales conitnue at a strong pace!  There were 65 Lawrenceville Georgia mls real estate listings reported sold this past week! These homes ranged in price from $98,500 for a 3BR 2.5BA home in Herrington Place to $600,000 for a 5BR, 5.5BA home in Knollwood Lakes.  The average sale price for all Lawrenceville Georgia homes sold this past week was $209,164 this week, up from $180,000 last week.  The average list price to sale price ratio for all Lawrenceville Georgia homes sold this past week was 97.4%, up from 96.2% last week.  The average Days on Market for all Lawrenceville Georgia homes sold this past week was 73, up from 52 last week.  A total of $13,629,473 worth of Lawrenceville Georgia housing was closed on this past week, up from $11,526,456 last week. 

There were 30 Lawrenceville 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 Lawrenceville Georgia.

Please let me know if there is any other information you would like to see in this report in the future.