Duluth GA Real Estate Market Report for January 2011
Active listings: 529 homes are available for sale in Duluth GA priced from $39,900 to $6,750,000.
Pending sales: 90 homes are in escrow priced from $29,500 to $5,635,000.
January sales: 40 homes sold in January 2011. 
- 23 homes were non-distressed
- 17 homes were a foreclosure or short sale or 43% of the homes sold in January
In January, 40 homes closed in Duluth Georgia. This is an increase of 15 units, as there were 25 homes that closed in January of 2010.
The Average list price for the homes that closed in Duluth for January 2010 was $304,675.
The Average list price for the homes that closed in Duluth for January 2011 was $254,806.
The Average sales price for the homes that closed in Duluth for January 2010 was $289,367.
The Average sales price for the homes that closed in Duluth for January 2011 was $248,111.
The Average Market time for the homes that closed in Duluth for January 2010 was 67 days.
The Average Market time for the homes that closed in Duluth for January 2011 was 96 days.
4 Year History of Sold Properties in Duluth
|
Category |
2010 |
2009 |
2008 |
2007 |
|
Units Sold |
715 |
713 |
821 |
1,089 |
|
Average Sales Price |
$332,301 |
$304,611 |
$365,701 |
$386,001 |
|
Distressed Properties Sold |
239 or 33% of the sold units |
231 or 30% of the sold units |
198 or 24% of the sold units |
107 or 10% of the sold units |
|
Average Days on Market |
84 |
87 |
95 |
75 |
*All information is from the FMLS and is for detached single family homes only.
Search for all homes in the GAMLS or FMLS
If you have any questions about selling your home in Duluth or in the Northeast Atlanta area give Mark a call at 404-353-0185.
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Mark services the following Northeast Atlanta cities: Johns Creek, Alpharetta, Roswell, Woodstock, Cumming, Suwanee, Buford, Duluth, and Lawrenceville Georgia.
About the Author: The above Real Estate information on Duluth GA Real Estate Market Report For January 2011 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.markmitchellhomes.com
Copyright © By Mark Mitchell 2011 *Duluth GA Real Estate Market Report For January 2011*
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