Suwanee GA Real Estate Market Report For October 2010

Suwanee GA Real Estate Market Report For October 2010

Active listings: 415 homes are available for sale in Suwanee GA priced from $72,000 to $6,500,000.

Pending sales: 56 homes are in escrow priced from $80,000 to $1,499,900.

October sales: 40 homes sold in October 2010 

• 19 homes were non-distressed
• 21 homes were foreclosure or short sale or 52.5% of the sold units 

In October, 40 homes closed in Suwanee Georgia. This is a decrease of 31 units, as there were 71 homes that closed in October of 2009.

The average list price for the homes that closed in Suwanee for October of 2009 was $254,163.

The average list price for the homes that closed in Suwanee for October of 2010 was $291,006.

The average sale price for the homes that closed in Suwanee for October of 2009 was $241,382.

The average sale price for the homes that closed in Suwanee for October of 2010 was $266,531.

The average market time for the homes that closed in Suwanee for October of 2009 was 106 days.

The average market time for the homes that closed in Suwanee for October of 2010 was 82 days.

Yearly Update Through October

In 2010 through October, a total of 456 homes were sold in Suwanee with an average sales price of $270,441 and an average market time of 89 days.

In 2009 through October, a total of 458 homes were sold in Suwanee with an average sales price of $271,142 and an average market time of 100 days.

*All information is from the FMLS and is for detached single family homes only.

To Search for all homes in the GAMLS or FMLS go to markmitchellhomes.com

If you have any questions about selling your home in Suwanee or in the Northeast Atlanta area give Mark a call at 404-353-0185.

Almost 90% of buyers are searching online for homes so make sure your getting the proper online market exposure to ensure these buyers will not miss your listing.

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Mark services the following Northeast Atlanta cities: Johns Creek, Alpharetta, Roswell, Milton, Woodstock, Dunwoody, Duluth, Buford, Suwanee, Dacula, and Lawrenceville Georgia.

About the Author: The above Real Estate information on Suwanee GA Real Estate Market Report For October 2010 was provided by Mark Mitchell. Mark can be reached by phone at 404-353-0185 or via e-correspondence at mark@markmitchellhomes.com. Also visit www.markmitchellhomes.com

Copyright © By Mark Mitchell 2010 *Suwanee GA Real Estate Market Report For October 2010*