Suwanee GA Real Estate Market Report for September 2011
Active Listings: 326 homes are available for sale in Suwanee GA priced from $77,000 to $5,989,000.
Pending Sales: 88 homes are in escrow priced from $74,900 to $2,295,000.
September Sales: 62 homes sold in September 2011.
- 37 homes were non-distressed
- 25 home was a foreclosure or short sale, or 40% of total September sales
In September, 62 homes closed in Suwanee Georgia. This is an increase of 19 units, as there were 43 homes that closed in September 2010.
The average list price for the homes that closed in Suwanee for September 2010 was $263,796.
The average list price for the homes that closed in Suwanee for September 2011 was $236,313.
The average sales price for the homes that closed in Suwanee for September 2010 was $248,201.
The average sales price for the homes that closed in Suwanee for September 2011 was $227,303.
The average market time the homes that closed in Suwanee for September 2010 was 111 days.
The average market time for the homes that closed in Suwanee for September 2011 was 78 days.
Yearly Update through September 2011
In 2011 through September, a total of 476 homes were sold in Suwanee with an average sales price of $238,863 and an average market time of 90 days.
In 2010 through September, a total of 422 homes were sold in Suwanee with an average sales price of $271,568 and an average market time of 90 days.
4 Year History of Sold Properties in Suwanee
In 2010, a total of 747 homes were sold in Suwanee with an average sales price of $294,138 and an average market time of 89 days; 243 or 32% of these homes were distressed properties sold.
In 2009, a total of 793 homes were sold in Suwanee with an average sales price of $299,396 and an average market time of 97days; 232 or 29% of these homes were distressed properties sold.
In 2008, a total of 834 homes were sold in Suwanee with an average sales price of $359,649 and an average market time of 102 days; 159 or 19% of these homes were distressed properties sold.
In 2007, a total of 1,103 homes were sold in Suwanee with an average sales price of $365,740 and an average market time of 82 days; 69 or 6% of these homes were distressed properties sold.
*All information is from the FMLS and is for detached single family homes only.
Search of all homes in the GAMLS or FMLS
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 you're getting the proper online market exposure to ensure these buyers will not miss your listing.
See Mark's video testimonials.
Mark services the following Northeast Atlanta cities: Johns Creek, Alpharetta, Roswell, Duluth, Woodstock, Suwanee, Buford, and Lawrenceville Georgia.
About the Author: the above Real Estate information on Suwanee GA Real Estate Market Report for September 2011 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 2011* Suwanee GA Real Estate Market Report for September 2011*
Comments(0)