Suwanee GA Real Estate Market Report for January 2011
Active listings: 557 homes are available for sale in Suwanee GA priced from $65,000 to $6,500,000.
Pending sales: 96 homes are in escrow priced from $85,000 to $1,449,000.
January sales: 35 homes sold in January 2011.
- 27 homes were non-distressed
- 8 homes were a foreclosure or short sale, or 23% of total January sales
In January, 35 homes closed in Suwanee Georgia. This is a decrease of 5 units, as there were 40 homes that closed in January of 2010.
The Average list price for the homes that closed in Suwanee for January 2010 was $299,141.
The Average list price for the homes that closed in Suwanee for January 2011 was $258,256.
The Average sales price for the homes that closed in Suwanee for January 2010 was $283,454.
The Average sales price for the homes that closed in Suwanee for January 2011 was $238,092.
The Average Market time for the homes that closed in Suwanee for January 2010 was 102 days.
The Average Market time for the homes that closed in Suwanee for January 2011 was 117 days.
4 Year History of Sold Properties in Suwanee
|
Category |
2010 |
2009 |
2008 |
2007 |
|
Units Sold |
747 |
793 |
834 |
1,103 |
|
Average Sales Price |
$294,138 |
$299,396 |
$359,649 |
$365,740 |
|
Distressed Properties Sold |
243 or 32% of sold units |
232 or 29% of sold units |
159 or 19% of sold units |
69 or 6% of sold units |
|
Average Days on Market |
89 |
97 |
102 |
82 |
*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 Suwanee 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, Duluth, Buford, Suwanee and Lawrenceville Georgia.
About the Author: The above Real Estate information on Suwanee 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 *Suwanee GA Real Estate Market Report for January 2011*
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