Lawrenceville GA Real Estate Market Report for April 2011
Active Listings: 1,320 homes are available for sale in Lawrenceville GA priced from $23,000 to $850,000.
Pending Sales: 529 homes are in escrow priced from $25,000 to $600,000.
April Sales: 250 homes sold in April 2011.
- 111 homes were non-distressed
- 139 homes were a foreclosure or short sale, or 56% of total April sales
In April, 250 homes closed in Lawrenceville Georgia. This is an increase of 25 units, as there were 225 homes that closed in April 2010.
The average list price for the homes that closed in Lawrenceville for April 2010 was $152,900.
The average list price for the homes that closed in Lawrenceville for April 2011 was $115,257.
The average sales price for the homes that closed in Lawrenceville for April 2010 was $148,267.
The average sales price for the homes that closed in Lawrenceville for April 2011 was $111,091.
The average market time the homes that closed in Lawrenceville for April 2010 was 86 days.
The average market time for the homes that closed in Lawrenceville for April 2011 was 78 days.
Yearly Update through April 2011
In 2011 through April, a total of 808 homes were sold in Lawrenceville with an average sales price of $116,140 and an average market time of 86 days.
In 2010 through April, a total of 787 homes were sold in Lawrenceville with an average sales price of $140,884 and an average market time of 82 days.
4 Year History of Sold Properties in Lawrenceville
In 2010, a total of 2,097 homes were sold in Lawrenceville with an average sales price of $132,955 and an average market time of 78 days; 1,000 or 47% of these homes were distressed properties sold.
In 2009, a total of 2,271 homes were sold in Lawrenceville with an average sales price of $143,949 and an average market time of 95 days; 1,234 or 54% of these homes were distressed properties sold.
In 2008, a total of 2,167 homes were sold in Lawrenceville with an average sales price of $178,480 and an average market time of 91 days; 865 or 40% of these homes were distressed properties sold.
In 2007, a total of 3,032 homes were sold in Lawrenceville with an average sales price of $199,787 and an average market time of 82 days; 521 or 17% 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 Lawrenceville 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 visit www.markmitchellhomes.com
Copyright by Mark Mitchell 2011* Lawrenceville GA Real Estate Market Report for April 2011*
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