Lawrenceville GA Real Estate Market Report for January 2011

By
Real Estate Agent with Virtual Properties Realty

Lawrenceville GA Real Estate Market Report for January 2011

 

Active listings: 1603 homes are available for sale in Lawrenceville GA priced from $19,900 to $1,500,000.

Pending sales: 345 homes are in escrow priced from $33,000 to $639,900.

January sales: 143 homes sold in January 2011.

  • 70 homes were non-distressed
  • 73 homes were a foreclosure or short sale or 51% of the homes sold in January

 

In January, 143 homes closed in Lawrenceville Georgia. This is an increase of 32 units, as there were 111 homes that closed in January of 2010.

The Average list price for the homes that closed in Lawrenceville for January 2010 was $134,123.

The Average list price for the homes that closed in Lawrenceville for January 2011 was $149,406.

The Average sales price for the homes that closed in Lawrenceville for January 2010 was $130,856.

The Average sales price for the homes that closed in Lawrenceville for January 2011 was $141,541.

The Average Market time for the homes that closed in Lawrenceville for January 2010 was 73 days.

The Average Market time for the homes that closed in Lawrenceville for January 2011 was 91 days.

 

4 Year History of Sold Properties in Lawrenceville

Category

2010

2009

2008

2007

Units Sold

2,097

2,271

2,167

3,032

Average Sales Price

$132,955

$143,949

$178,480

$199,787

Distressed Properties Sold

1000 or 47% of sold units

1234 or 54% of sold units

865 or 40% of sold units

521 or 17% of sold units

Average Days on Market

78

95

91

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 Lawrenceville 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, Suwanee, Buford, Cumming, Duluth, and Lawrenceville Georgia.

About the Author: The above Real Estate information on Lawrenceville 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 *Lawrenceville GA Real Estate Market Report For January 2011*

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

Wow!  This really tells the story, huh?  Units sold down by 33%?  Ugh.  And I see the average sales price has dropped like a bomb.  These are not good numbers, but it is a good report!  See you tomorrow.

Mar 08, 2011 12:37 AM #1
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Rainmaker
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Mark Mitchell

Realtor, Johns Creek Georgia Homes
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