Alpharetta GA Real Estate Market Report for July 2011
Active Listings: 875 homes are available for sale in Alpharetta GA priced from $49,900 to $9,250,000.
Pending Sales: 159 homes are in escrow priced from $69,900 to $3,977,700.
July Sales: 134 homes sold in July 2011.
- 111 homes were non-distressed
- 23 homes were a foreclosure or short sale, or 17% of total July sales
In July, 134 homes closed in Alpharetta Georgia. This is an increase of 39 units, as there were 95 homes that closed in July 2010.
The average list price for the homes that closed in Alpharetta for July 2010 was $420,018.
The average list price for the homes that closed in Alpharetta for July 2011 was $423,277.
The average sales price for the homes that closed in Alpharetta for July 2010 was $392,892.
The average sales price for the homes that closed in Alpharetta for July 2011 was $399,392.
The average market time the homes that closed in Alpharetta for July 2010 was 95 days.
The average market time for the homes that closed in Alpharetta for July 2011 was 85 days.
Yearly Update through July 2011
In 2011 through July, a total of 831 homes were sold in Alpharetta with an average sales price of $367,887 and an average market time of 90 days.
In 2010 through July, a total of 774 homes were sold in Alpharetta with an average sales price of $358,529 and an average market time of 91 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.
Search of all homes in the GAMLS or FMLS
If you have any questions about selling your home in Alpharetta 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 Alpharetta 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* Alpharetta GA Real Estate Market Report for July 2011*
Comments(0)