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St. Marlo Country Club, Cumming Real Estate, South Forsyth County, Market Report 12/08

By
Real Estate Agent with RE/MAX Greater Atlanta

logo-stmarlowSt Marlo Country Club is located in the newly incorporated Johns Creek and is at the Southern tip of Forsyth County.  St Marlo is set on over 900 acres of land that includes one of Georgia's premier Private Golf Courses that is also open for play to the public.  Once you live in the community you have access to many of the ammenities afforded you of a luxurious lifestyle.  Ammenities include the swim/tennis facility, 24 hour access gated entrance with security, Cabana and grill area, soccer fields, volleyball & basketball courts & a banquet room used for various occassions.  St Marlo is currently zoned for top rated public school South Forsyth High School but has been re-zoned for the new Lambert High School.

St Marlo currently has 87 homes to choose from on the market.  Prices range currently from $389,900 to upwards of $6 Million.  There are various opportunities for Short Sales and or Foreclosures.  Of the 87 homes on the market only 30 are priced above the $1,000,000 mark.  Below are the current statistics for the neighborhood per FMLS data in December 08.

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There have been 4 recent sales in the community. The first was a foreclosure that listed for $742,900 and sold for $760,000 on 11/19/08.  The second home was listed for $641,250 and sold for $550,000 on 11/26/08.  There have been two sold homes in December.  The first home closed on 12/12/08 and was originally listed for $800,000 before selling as a Short Sale for $700,000.  The second home sold on 12/19/08 and was a bank owned property that listed and sold for $750,000.

There are currently 9 homes pending for sale in St. Marlo.  Of those homes 5 of them pending are Foreclosures and 1 is a Short Sale.

Click here to see our listings in St Marlo or to view another home in the area.

Posted by Scott Hamilton, Atlantas Elite Team, RE/MAX Greater Atlanta - Johns Creek.

www.AtlantasEliteTeam.com, www.AtlantasEliteBlog.com, Scott@AtlantasEliteTeam.com, Cell: 678-523-3112

John Foster
Keller Williams Realty - Cumming, GA
Your Family Realtor for Life

Scott,

I really like your Blog - are you getting any results from your Market reports?

John

Mar 02, 2009 08:25 AM
Anonymous
Scott Hamilton

John,

I get a lot of traffic through this site and I have another one I really focus on more.  Check it out at www.atlantaseliteblog.com and tell me what you think.

Depends on what you mean by results!  More than anything right now it helps me stay on top of the market and it serves as another resource for me to pass along to my clients and book of business.  I tag my blog on all my marketing and am getting 40 to 60 hits a day on my blog. 

Do you see many results?

 

Mar 02, 2009 09:30 AM
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