Lawrenceville GA Real Estate Market Report for October 2011

By
Real Estate Agent with Virtual Properties Realty

Lawrenceville GA Real Estate Market Report for October 2011


Active Listings:  1,079 homes are available for sale in Lawrenceville GA priced from $14,500 to $949,000.

Pending Sales:  472 homes are in escrow priced from $25,900 to $629,900.

October Sales:  266 homes sold in October 2011.Market Report
  • 110 homes were non-distressed
  • 156 homes were a foreclosure or short sale, or 59% of total October sales


In October, 266 homes closed in Lawrenceville Georgia.  This is an increase of 104 units, as there were 162 homes that closed in October 2010.

The average list price for the homes that closed in Lawrenceville for October 2010 was $125,945.

The average list price for the homes that closed in Lawrenceville for October 2011 was $105,162.

The average sales price for the homes that closed in Lawrenceville for October 2010 was $120,201.

The average sales price for the homes that closed in Lawrenceville for October 2011 was $100,543.

The average market time the homes that closed in Lawrenceville for October 2010 was 80 days.

The average market time for the homes that closed in Lawrenceville for October 2011 was 78 days.

Yearly Update through October 2011


In 2011 through October, a total of 2,459 homes were sold in Lawrenceville with an average sales price of $110,411 and an average market time of 82 days.

In 2010 through October, a total of 1,770 homes were sold in Lawrenceville with an average sales price of $134,200 and an average market time of 78 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.


Search of all homes in the GAMLS or FMLS



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.

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 Lawrenceville GA Real Estate Market Report for October 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 October 2011*
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Katerina Gasset
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Hi Mark, great localism post. Thanks for sharing how well Lawrenceville GA Real Estate Market did last October 2011. Wishing you all the best this year. Keep it up and stay the best!
Jul 05, 2013 01:47 AM #1
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