Lawrenceville GA Real Estate Market Report for June 2011

By
Real Estate Agent with Virtual Properties Realty

Lawrenceville GA Real Estate Market Report for June 2011


Active Listings:  1,324 homes are available for sale in Lawrenceville GA priced from $25,000 to $850,000.

Pending Sales:  532 homes are in escrow priced from $23,000 to $600,000.

June Sales:  284 homes sold in June 2011.
  • 127 homes were non-distressed
  • 157 homes were a foreclosure or short sale, or 55% of total June sales


In June, 284 homes closed in Lawrenceville Georgia.  This is an increase of 57 units, as there were 227 homes that closed in June 2010.

The average list price for the homes that closed in Lawrenceville for June 2010 was $143,205.

The average list price for the homes that closed in Lawrenceville for June 2011 was $113,187.

The average sales price for the homes that closed in Lawrenceville for June 2010 was $137,186.

The average sales price for the homes that closed in Lawrenceville for June 2011 was $108,321.

The average market time the homes that closed in Lawrenceville for June 2010 was 68 days.

The average market time for the homes that closed in Lawrenceville for June 2011 was 77 days.

Yearly Update through June2011


In 2011 through June, a total of 1374 homes were sold in Lawrenceville with an average sales price of $112,978 and an average market time of 83 days.

In 2010 through June, a total of 1,108 homes were sold in Lawrenceville with an average sales price of $139,087 and an average market time of 79 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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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 you're getting the proper online market exposure to ensure these buyers will not miss your listing.

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Mark services the following Northeast Atlanta cities:  Johns Creek, Alpharetta, Roswell, Duluth, Woodstock, Suwanee, Buford, and Lawrenceville Georgia.


About the Author:  the above Real Estate information on Lawrenceville GA Real Estate Market Report for June 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 June 2011*

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