Suwanee GA - Second Quarter 2009 vs. First Quarter 2009

By
Real Estate Agent with Berkshire Hathaway GA Prop

                      SECOND QUARTER 2009

CURRENT ACTIVES:

Total Units:  703
High Price:  $8,500,000
Low Price:  $105,000

BREAKDOWN:
  • Corporate Owner:  24
  • Estate Owned:  3
  • Foreclosure:   43
  • Lease/Purchase:  36
  • Lender Owned:  10
  • Owner Transfer:  47
  • Other:  540










PENDINGS:

Total Units:  141*
High Price:  $1,749,000
Low Price:  $49,900

BREAKDOWN:
  • Corporate Owner:  18
  • Estate Owned:  0
  • Foreclosure:  20
  • Lease/Purchase:  15
  • Lender Owned:  2
  • Owner Transfer:  4
  • Other:  82


    *37 Units went pending  during second quarter








SOLDS:

Total Units:  191
High Price:  $1,340,00
Low Price:  $91,000

BREAKDOWN:  
  • Corporate Owner:  27
  • Estate Owned;  1
  • Foreclosure:  39
  • Lease/Purchase:  4
  • Lender Owned:  4
  • Owner Transfer:  9
  • Other:  107

SECOND QUARTER 2009 SOLDS RECAP
  • Average List Price:  $343,843
  • Average Sales Price:  $319,194
  • Average List to Sale Percentage:  93%
  • Average DOM:  100


SOLDS BY COUNTY:

  1.  Gwinnett County: 125 Units
  2.  Forsyth County:     61 Units
  3.  Fulton County:         5 Units


 

FIRST QUARTER 2009

 SOLDS:
  • Total Units:  141
  • High Price:  $1,017,000
  • Low Price:  $49,900

FIRST QUARTER 2008 SOLDS RECAP:
  • Average List Price:  $305,876
  • Average Sales Price:  $285,848
  • Average List to Sale Percentage:  93%
  • Average DOM:  107

BREAKDOWN:
  • Corporate Owner:  32
  • Estate Owned:  0
  • Foreclosure:  39
  • Lease/Purchase:  7
  • Lender Owned:  5
  • Owner Transfer:  3
  • Other:  55
SOLDS BY COUNTY
  1. Gwinnett County:  99 units
  2. Forsyth County:  40 units
  3. Fulton County:   2 units

 

ANALYSIS Second Quarter 09 vs. First Quarter '00:

1)  Sold Units:     +35%
2)  Average List Price:      +12%
3)  Average Sold Price:   +12%
4)  List to Sale Price:  No Change
5)  Days on Market:  -7 days

 

 

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Janice Slaven

Suwanee Georgia Real Estate
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