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Gwinnett Georgia Real Estate & More! Lawrenceville Georgia Real Estate Market Update!

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers

Following is the activity recorded for Lawrenceville Georgia Residential Real Estate Listings from 28 April, 2007 to 5 May, 2007:

It was a very busy week in real estate sales in Lawrenceville, GA this past week with new listings outstripping concluded sales by a tad over 2 to 1.  However, considering the 86 expired listings, 87 sold listings and 23 listings withdrawn, the overall availabillity of housing remainded the same. This seems to indicate that Lawrenceville is still experiencing a robust even market! 

There were 196 new Lawrenceville Georgia homes listed for sale this past week, with listing prices ranging from $109,950 for a 5BR, 3.5BA home in Heritage Place to $1,195,000 for a 4BR, 4.5BA home on Prospect Church Road.  The average list price for all new Lawrenceville Georgia homes listed for sale on 04/27/07 was $225,409.

4 Lawrenceville Georgia homes came back on the market this past week.

6 Lawrenceville Georgia mls real estate listing were extended this past week. 

Sellers are ready for some action as 44 Lawrenceville Georgia homes had their prices reduced and 0 Lawrenceville Georgia homes had a price increase this past week.  This is a strong signal that homeowners are ready to get moving!

Hopes of getting a sale were dashed for 86 Lawrenceville Georgia homeowners this week as their listings expired, they were priced from $118,000 to $598,000.

On the bright side, there were 91 Lawrenceville Georgia mls real estate listings that went under contract this past week!  These homes ranged in asking price from $110,900 for a 3BR, 2BA home in Brays Crossing to $373,900 for a 5BR, 4BA home in Edgewater.  The average list price for all Lawrenceville Georgia mls real estate listings that went under contract on 04/27/07 was $190,996.

There were 87 Lawrenceville Georgia mls real estate listings reported sold this past week! These homes ranged in price from $115,000 for a 4BR 2BA home in Baggett to $360,000 for a 4BR, 3 Full and 2 Half BA home on Hickory Nut Lane.  The average sale price for all Lawrenceville Georgia homes sold this past week was $205,693.  The average list price to sale price ratio for all Lawrenceville Georgia homes sold this past week was 97.8%.  The average Days on Market for all Lawrenceville Georgia homes sold this past week was 66.

There were 23 Lawrenceville Georgia mls real estate listings withdrawn from the market on 04/27/07.

Feel free to contact Joe Brooks at 404-803-0487 or joe.brooks@metrobrokers.com if you would like more detailed information regarding these transactions.

Visit http://www.brooksrealtygroup.com/ to view all homes for sale today in Lawrenceville Georgia!