Lawrenceville GA Real Estate Market Report for December 2011
Active Listings: 978 homes are available for sale in Lawrenceville GA priced from $29,900 to $949,000.
Pending Sales: 415 homes are in escrow priced from $16,900 to $629,900.
December Sales: 270 homes sold in December 2011.
- 96 homes were non-distressed
- 174 homes were a foreclosure or short sale, or 65% of total December sales
In December, 270 homes closed in Lawrenceville Georgia. This is an increase of 69 units, as there were 201 homes that closed in December 2010.
The average list price for the homes that closed in Lawrenceville for December 2010 was $134,087.
The average list price for the homes that closed in Lawrenceville for December 2011 was $108,044.
The average sales price for the homes that closed in Lawrenceville for December 2010 was $128,583.
The average sales price for the homes that closed in Lawrenceville for December 2011 was $104,880.
The average market time the homes that closed in Lawrenceville for December 2010 was 82 days.
The average market time for the homes that closed in Lawrenceville for December 2011 was 79 days.
Yearly Update through December 2011
In 2011 through December, a total of 3,032 homes were sold in Lawrenceville with an average sales price of $109,744 and an average market time of 81 days.
In 2010 through December, a total of 2,125 homes were sold in Lawrenceville with an average sales price of $132,772 and an average market time of 78 days.
5 Year History of Sold Properties in Lawrenceville
|
Category |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Units Sold |
2,972 |
2,125 |
2,271 |
2,167 |
3,032 |
|
Average Sales Price |
109,722 |
132,772 |
143,941 |
178,480 |
$199,787 |
|
Distressed Properties |
1,698 or 57% of sold units |
1,030 or 48% of sold units |
1,250 or 55% of sold units |
868 or 40% of sold units |
521 or 17% of sold units |
|
Days on Market |
81 |
78 |
95 |
91 |
82 |
*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 Lawrenceville or in the Northeast Atlanta area give Mark a call at 404/353-0185.
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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 Lawrenceville GA Real Estate Market Report for December 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* Lawrenceville GA Real Estate Market Report for December 2011*
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