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Suwanee GA Real Estate Market Report For August 2010

By
Real Estate Agent with Virtual Properties Realty

Suwanee GA Real Estate Market Report For August 2010

 

Active listings: 428 homes are available for sale in Suwanee GA priced from $92,000 to $6,995,000.

 Pending sales: 71 homes are in escrow priced from $79,900 to $1,699,900.

  August sales: 25 homes sold in August 2010 

  • 17 homes were non-distressed
  • 8 homes were foreclosure or short sale

 

In August, 25 homes closed in Suwanee Georgia. This is a decrease of 23 units, as there were 48 homes that closed in August of 2009.

The Average list price for the homes that closed in Suwanee for August of 2009 was $268,439

The Average list price for the homes that closed in Suwanee for August of 2010 was $318,208

The Average sale price for the homes that closed in Suwanee for August of 2009 was $255,685

The Average sale price for the homes that closed in Suwanee for August of 2010 was $295,324

The Average Market time for the homes that closed in Suwanee for August of 2009 was 104 days.

The Average Market time for the homes that closed in Suwanee for August of 2010 was 118 days.

 

Yearly Update Through August

In 2010 through August, a total of 362 homes were sold in Suwanee with an average sales price of $275,440 and an average market time of 89 days.

In 2009 through August, a total of 333 homes were sold in Suwanee with an average sales price of $271,577 and an average market time of 100 days.

*All information is from the FMLS and is for detached single family homes only.

 

Search all homes in the GAMLS or FMLS 

If you have any questions about selling your home in Suwanee or in the Northeast Atlanta area give Mark a call at 404-353-0185.

Almost 90% of buyers are searching online for homes so make sure your getting the proper online market exposure to ensure these buyers will not miss your listing.

See Mark's video testimonials.

Mark services the following Northeast Atlanta cities: Johns Creek, Alpharetta, Roswell, Milton, Woodstock, Dunwoody, Duluth, Buford, Suwanee, Dacula, and Lawrenceville Georgia.

About the Author: The above Real Estate information on Suwanee GA Real Estate Market Report For August 2010 was provided by Mark Mitchell. Mark can be reached by phone at 404-353-0185 or via e-correspondence at mark@markmitchellhomes.com. Also visit www.johnscreek-homes.net

Copyright © By Mark Mitchell 2010 *Suwanee GA Real Estate Market Report For August 2010*

Patsy Overton
Patsy Overton Interiors, Atlanta, Georgia - Duluth, GA

Great market report, Mark.  Thanks!  Are you doing the 30 day challenge?  I missed yesterday, so I'm out.

Sep 02, 2010 01:54 PM
Mark Mitchell
Virtual Properties Realty - Johns Creek, GA
Realtor, Johns Creek Georgia Homes

Thanks Patsy, I'm just catching up on my to do list. I will probably not make the 30 days, but I have set a goal for 10 blogs his month. A good start so far!

Sep 02, 2010 02:41 PM