Alpharetta GA Real Estate Market Report for April 2011
Active Listings: 920 homes are available for sale in Alpharetta GA priced from $54,900 to $9,250,000.
Pending Sales: 164 homes are in escrow priced from $69,900 to $3,977,700.
April Sales: 122 homes sold in April 2011.
- 94 homes were non-distressed
- 28 homes were a foreclosure or short sale, or 23% of total April sales
In April, 122 homes closed in Alpharetta Georgia. This is an increase of 3 units, as there were 119 homes that closed in April 2010.
The average list price for the homes that closed in Alpharetta for April 2010 was $362,344.
The average list price for the homes that closed in Alpharetta for April 2011 was $386,340.
The average sales price for the homes that closed in Alpharetta for April 2010 was $342,785.
The average sales price for the homes that closed in Alpharetta for April 2011 was $365,857.
The average market time the homes that closed in Alpharetta for April 2010 was 92 days.
The average market time for the homes that closed in Alpharetta for April 2011 was 95 days.
Yearly Update through April 2011
In 2011 through April, a total of 374 homes were sold in Alpharetta with an average sales price of $352,571 and an average market time of 100 days.
In 2010 through April, a total of 385 homes were sold in Alpharetta with an average sales price of $343,557 and an average market time of 98 days.
4 Year History of Sold Properties in Alpharetta
In 2010, a total of 1,282 homes were sold in Alpharetta with an average sales price of $357,692 and an average market time of 94 days; 266 or 21% of these homes were distressed properties sold.
In 2009, a total of 1,264 homes were sold in Alpharetta with an average sales price of $384,931 and an average market time of 96 days; 276 or 20% of these homes were distressed properties sold.
In 2008, a total of 1,496 homes were sold in Alpharetta with an average sales price of $426,997 and an average market time of 84 days; 244 or 17% of these homes were distressed properties sold.
In 2007, a total of 2,196 homes were sold in Alpharetta with an average sales price of $430,276 and an average market time of 69 days; 156 or 8% of these homes were distressed properties sold.
*All information is from the FMLS and is for detached single family homes only.
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About the Author: the above Real Estate information on Alpharetta GA Real Estate Market Report for April 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 visitwww.markmitchellhomes.com
Copyright by Mark Mitchell 2011* Alpharetta GA Real Estate Market Report for April 2011*
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