I watch the stats that are produced by the FMLS each month. One item I have noticed in this market is the expectation sellers have compared to where homes are selling for. In Cumming (Forsyth County), During 2010 the average listing price for a home was $343,223 and 5,386 homes were listed for sale in Cumming. During 2010 a total of 2,171 homes sold and the average sales price was $277,645.
The average Sales price is 80.9% of what the average list price - that may explaine why so few homes sold.
If you have a home to sale and live in Cumming or Alpharetta (or North Atlanta) call me - I know the market and I know how to get homes sold. Call John at 770 722-7010 or visit my website at www.FosterhomeInfo.com
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