Suwanee GA Real Estate Market Report for January 2011

By
Real Estate Agent with Virtual Properties Realty

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.

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, 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*

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Georgia Gwinnett County Suwanee
Tags:
market report
real estate
suwanee ga
virtual properties realty
mark mitchell
suwanee realtors

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
65,011

Mark Mitchell

Realtor, Johns Creek Georgia Homes
Ask me a question
*
*
*
*
Spam prevention