North Metro Atlanta Real Estate - Suwanee Georgia Real Estate Update!

Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers 202787

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Following is the activity recorded for Suwanee Georgia Residential Real Estate Listings from 12 May, 2007 to 26 May, 2007:

It was a very busy week in real estate sales in Suwanee, GA in the past 2 weeks with new listings exceeding concluded sales by a margin of over 3 to 1!  However, considering the 37 listings that went under contract, the 13 expired listings, 29 sold listings and 26 listings withdrawn, the overall availabillity of housing decreased by 9 units. This seems to indicate that Suwanee is experiencing a very even market! 

There were 96 Suwanee Georgia homes listed for sale in the past 2 weeks, with listing prices ranging from $169,900 for a 3BR, 2.5BA home in Ashley Woods to $1,799,000 for a 5BR, 6.5BA home in Edinburgh.  The average list price for all new Suwanee Georgia homes listed for sale in the last week was $423,428.  A total of $39,980,937 worth of Suwanee Georgia housing came on the market in the last 2 weeks!

0 Suwanee Georgia homes came back on the market in the past 2 weeks.

0 Suwanee Georgia mls real estate listings were extended in the past 2 weeks. 

Sellers are ready for some action as 17 Suwanee Georgia homes had their prices reduced while 0 Suwanee Georgia home had a price increase in the past 2 weeks.  This is a strong signal that homeowners are ready to get moving!

Hopes of getting a sale were dashed for 13 Suwanee Georgia homeowners in the past 2 weeks as their listings expired, they were priced from $217,900 to $829,900.

On the bright side, there were 37 Suwanee Georgia mls real estate listings that went under contract in the past 2 weeks!  These homes ranged in asking price from $154,000 for a 4BR, 3BA home in Deerwookd to $1,249,000 for a 5BR, 4.5BA home in Bears Best Estates.  The average list price for all Suwanee Georgia mls real estate listings that went under contract in the last 2 weeks was $395,919.  A total of $14,649,035 worth of Suwanee Georgia housing went under contract in the past 2 weeks.

There were 29 Suwanee Georgia mls real estate listings reported sold in the past 2 weeks! These homes ranged in price from $195,000 for a 4BR 2.5BA home in Landings at Suwanee Creek to $1,100,000 for a 5BR, 5.5BA home in Winchester on the River.  The average sale price for all Suwanee Georgia homes sold in the past 2 weeks was $360,791.  The average list price to sale price ratio for all Suwanee Georgia homes sold in the past 2 weeks was 96.8%.  The average Days on Market for all Suwanee Georgia homes sold in the past 2 weeks was 71.  A total of $10,426,950 worth of Suwanee Georgia housing was closed on in the past 2 weeks.

There were 26 Suwanee Georgia mls real estate listings withdrawn from the market in the past 2 weeks.

Feel free to contact Lucia Brooks at 404-803-0483 or if you would like more detailed information regarding these transactions.

Visit to view all homes for sale today in Suwanee Georgia!

Please let me know if there is any other information you would like to see added to this report.


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