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Lilburn Market Report, March, 2010

Lilburn is in Gwinnett County, GA, just outside of Atlanta.  As of the 2000 Census, there were 11,307 people in Lilburn, but that is only including people in the city limits, and there has been a lot of growth since 2000 in Gwinnett County.  It was incorporated in 1910.  Lilburn is home to Parkview High School, and also has students that the Brookwood, Berkmar and Meadowcreek clusters. It is also home to Killian Hill Christian School, Providence Chrisian Academy, St. John Neumann Catholic School and Parkview Christian School.  Possibly the most famous resident of Lilburn is General Beauregard Lee, a groundhog with a better winter prediction record that Puxatawnee Phil up in PA. Dominique Wilkins, formerly of the Atlanta Hawks also lives in Lilburn.
Market stats for Lilburn, January, 2010, indicate that there are 359 (January 31st) properties on the market. Overall, there is about a 10 month supply of properties, with a slight acceleration in sales during October and November, but slowing in December and January.
In the sub-$200k arena, there are 214 listings, with about an 10 month supply. The same pattrern hold that sales accelerated through October and November and slowed after that.
Between $200k and $400k, ... more

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