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Following is the activity recorded for Duluth Georgia Residential Real Estate Listings from 13 May, 2007 to 19 May, 2007:
It was a very busy week in real estate sales in Duluth, GA this past week with new listings outstripping concluded sales by well over 3 to 1. However, considering the 18 homes that went under contract, 15 expired listings, 10 sold listings and 3 listings withdrawn, the overall availabillity of housing decreased by 10 units. This seems to indicate that Duluth is experiencing a fairly even market!
There were 36 Duluth Georgia homes listed for sale this past week, with listing prices ranging from $154,900 for a 4BR, 2BA home on Roberts Road to $1,775,000 for a 6BR, 7.5BA home in Sugarloaf Country Club. The average list price for all new Duluth Georgia homes listed for sale in the last week was $483,075. A total of $17,390,699 worth of Duluth Georgia housing came on the market last week, down from $18,928,676 the week before!
0 Duluth Georgia home came back on the market this past week.
1 Duluth Georgia mls real estate listing was extended this past week.
Sellers are ready for some action as 15 Duluth Georgia homes had their prices reduced while 1 Duluth Georgia home 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 15 Duluth Georgia homeowners this week as their listings expired, they were priced from $139,500 to $1,950,000.
On the bright side, there were 18 Duluth Georgia mls real estate listings that went under contract this past week! These homes ranged in asking price from $151,600 for a 4BR, 3BA home in First Manor North to $1,099,000 for a 6BR, 6.5BA home in St. Marlo. The average list price for all Duluth Georgia mls real estate listings that went under contract last week was $407,182. A total of $7,329,290 worth of Duluth Georgia housing went under contract in the last week, up from $6,896,094 the previous week.
There were only 10 Duluth Georgia mls real estate listings reported sold this past week! These homes ranged in price from $118,510 for a 3BR 2BA home in Berkley Manor to $945,000 for a 5BR, 5.5BA home in Sugarloaf Country Club. The average sale price for all Duluth Georgia homes sold this past week was $264,898. The average list price to sale price ratio for all Duluth Georgia homes sold this past week was 98.1%. The average Days on Market for all Duluth Georgia homes sold this past week was 45. A total of $2,648,980 worth of Duluth Georgia housing was closed on this past week, down from $6,085,325 the week before.
There were 3 Duluth Georgia mls real estate listings withdrawn from the market last week.
Feel free to contact Lucia Brooks at 404-803-0483 or lucia@luciabrooks.com if you would like more detailed information regarding these transactions.
Visit http://www.luciabrooks.com/ to view all homes for sale today in Duluth Georgia!
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