Roswell GA Real Estate Market Report for August 2011

By
Real Estate Agent with Virtual Properties Realty

Roswell GA Real Estate Market Report for August 2011


Active Listings:  508 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 $35,000 to $949,000.

August Sales:  67 homes sold in August 2011.
  • 52 homes were non-distressed
  • 15 homes were a foreclosure or short sale, or 22% of total August sales


In August, 67 homes closed in Roswell Georgia.  This is a decrease of 8 units, as there were 75 homes that closed in August 2010.

The average list price for the homes that closed in Roswell for August 2010 was $373,835.

The average list price for the homes that closed in Roswell for August 2011 was $318,048.

The average sales price for the homes that closed in Roswell for August 2010 was $352,918.

The average sales price for the homes that closed in Roswell for August 2011 was $304,076

The average market time the homes that closed in Roswell for August 2010 was 83 days.

The average market time for the homes that closed in Roswell for August 2011 was 84 days.



Yearly Update through August 2011


In 2011 through August, a total of 529 homes were sold in Roswell with an average sales price of $308,972 and an average market time of 87 days.

In 2010 through August, a total of 552 homes were sold in Roswell with an average sales price of $339,836 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 August 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 August 2011*
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Georgia Fulton County Roswell
Tags:
realtor
market report
buyers sellers
real estate
johns creek ga
virtual properties
markmitchellhomes

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
65,011

Mark Mitchell

Realtor, Johns Creek Georgia Homes
Ask me a question
*
*
*
*
Spam prevention