Home > Blogs > Janice Slaven > SUWANEE TALK!

BUFORD, GA - 2008 REAL ESTATE MARKET IN REVIEW

By Janice Slaven

Real Estate Agent with Berkshire Hathaway GA Prop

January 23, 2009 12:33 PM

Buford City Hall

BUFORD

REAL ESTATE MARKET

2008 vs. 2007

BUFORD SOLDS 2008

Sold Homes: 730
Highest Price: $1,425,000
Lowest Price: $ 39,500
List to Sale Ratio: 99%
Days on Market: 103

BUFORD SOLDS 2007

Sold Homes: 1031
Highest Price: $1,350,000
Lowest Price: $ 29,000
List to Sale Ratio: 92%
Days on Market: 111

2008 Breakdown

Foreclosures: 151
Corporate Owned: 97
Owner Transfer: 37
New Construction: 261
Lease/Purchase: 18
Resale: 166

2007 Breakdown

Foreclosures: 72
Corporate Owned: 46
Owner Transfer: 43
New Construction: 400
Lease Purchase: 13
Resale: 457

2008 vs 2007 Breakdown By Category

CATEGORY

Foreclosures:
Corporate Owned:
Owner Transfer:
New Construction:
Lease/Purchase:
Resale:

% CHANGE

↑110%

↑111%
↓ 14%

↓   34.7%
↑   77%
↓   63.7%

BUFORD SOLDS 2008 vs 2007
By COUNTY

Gwinnett
Hall

2008

656
74

2007

925
106

% Change

↓29.1%
↓30 %

Information has been collected from the First Multiple Listing Service (FMLS). Data is believed to be accurate at the time of collecting data, but is not guaranteed.

Come to my house:
My Suwanee Home.com

Comments(0)

Comment

Back to Top