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Duluth Real Estate Market Report - August 2007 Duluth Homes For Sale

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Real Estate Agent with Virtual Properties - Atlanta Real Estate 255736

August 15, 2007

Duluth Subdivision

Although Lawrenceville is the largest city in terms of size, number of homes and possibly even population, Duluth is quickly becoming Gwinnett County's commercial hub.  With very easy access to everything and ways around I-85, it makes it a logical choice for most Gwinnetians.  Duluth sports a very diverse, affluent population and some of the best all around schools in the state.

Currently there are 984 homes for sale in Duluth with the typical home being priced at $595,699 with at least four bedrooms and three and one half baths.  With an average market time of 62 days, Duluth Real Estate couldn't be better (this is certainly relative).  With 132 homes under contract and 124 sold in June, the market looks pretty good.  Keep in mind that's less than 5 months of inventory - which is a good thing in Georgia. 

The average sold home in Duluth is $454,233, selling in 62 days with 4 bedrooms and 3 full baths and 1 half bath. Sellers are netting rougly 97% here as is Gwinnett County as a whole.

Search Duluth Real Estate and Homes For Sale Here.

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