Alpharetta GA Real Estate Market Report for November 2011

By
Real Estate Agent with Virtual Properties Realty

Alpharetta GA Real Estate Market Report for November 2011


Active Listings:  652 homes are available for sale in Alpharetta GA priced from $90,000 to $8,499,000.

Pending Sales:  138 homes are in escrow priced from $74,900 to $1,375,000.

November Sales:  94 homes sold in November 2011.Market Report by Mark Mitchell
  • 70 homes were non-distressed
  • 24 were a foreclosure or short sale, or 26% of total November sales


In November, 94 homes closed in Alpharetta Georgia.  This is a decrease of 19 units, as there were 113 homes that closed in November 2010.

The average list price for the homes that closed in Alpharetta for November 2010 was $369,411.

The average list price for the homes that closed in Alpharetta for November 2011 was $405,576.

The average sales price for the homes that closed in Alpharetta for November 2010 was $342,060.

The average sales price for the homes that closed in Alpharetta for November 2011 was $376,133.

The average market time the homes that closed in Alpharetta for November 2010 was 116 days.

The average market time for the homes that closed in Alpharetta for November 2011 was 83 days.

Yearly Update through November 2011


In 2011 through November, a total of 1,291 homes were sold in Alpharetta with an average sales price of $363,787 and an average market time of 87 days.

In 2010 through November, a total of 1,166 homes were sold in Alpharetta with an average sales price of $352,898 and an average market time of 92 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 1,364 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 November 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 November 2011*
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
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Thank you Mark for sharing your Alpharetta GA Real Estate Market Report for November 2011. This article can be used as a reference by potential clients out there wanting to know more the history of Alpharetta GA Real Estate Market.
Jun 03, 2013 02:11 AM #1
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Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale
These are already good numbers  Mark, but I'm sure 2012 will even be a better year. Wishing you all the best and have a great day ahead!
Jul 31, 2013 11:48 PM #2
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Mark Mitchell

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