Roswell GA Real Estate Market Report for July 2011

By
Real Estate Agent with Virtual Properties Realty

Roswell GA Real Estate Market Report for July 2011


Active Listings:  536 homes are available for sale in Roswell GA priced from $59,900 to $3,495,000.

Pending Sales:  104 homes are in escrow priced from $54,900 to $1,000,000.

July Sales:  73 homes sold in July 2011.
  • 58 homes were non-distressed
  • 15 homes were a foreclosure or short sale, or 21% of total July sales


In July, 73 homes closed in Roswell Georgia.  This is an increase of 11 units, as there were 62 homes that closed in July 2010.

The average list price for the homes that closed in Roswell for July 2010 was $374,775.

The average list price for the homes that closed in Roswell for July 2011 was $325,352.

The average sales price for the homes that closed in Roswell for July 2010 was $356,766.

The average sales price for the homes that closed in Roswell for July 2011 was $305,917.

The average market time the homes that closed in Roswell for July 2010 was 75 days.

The average market time for the homes that closed in Roswell for July 2011 was 71 days.



Yearly Update through July 2011


In 2011 through July, a total of 462 homes were sold in Roswell with an average sales price of $309,682 and an average market time of 87 days.

In 2010 through July, a total of 477 homes were sold in Roswell with an average sales price of $337,779 and an average market time of 85 days.



4 Year History of Sold Properties in Roswell


In 2010, a total of 877 homes were sold in Roswell with an average sales price of $329,815 and an average market time of 85 days; 187 or 21% of these homes were distressed properties sold.

In 2009, a total of 807 homes were sold in Roswell with an average sales price of $332,540 and an average market time of 87 days; 129 or 16% of these homes were distressed properties sold.

In 2008, a total of 874 homes were sold in Roswell with an average sales price of $371,826 and an average market time of 79 days; 120 or 14% of these homes were distressed properties sold.

In 2007, a total of 1,180 homes were sold in Roswell with an average sales price of $383,399 and an average market time of 68 days;  71 or 6% of these homes were distressed properties sold.

*All information is from the FMLS and is for detached single family homes only.



Search of all homes in the GAMLS or FMLS



If you have any questions about selling your home in Roswell 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.

See Mark's video testimonials.

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 Roswell GA Real Estate Market Report for July 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* Roswell GA Real Estate Market Report for July 2011*
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Mark Mitchell

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