Roswell GA Real Estate Market Report for December 2011
Active Listings: 400 homes are available for sale in Roswell GA priced from $70,000 to $8,750,000.
Pending Sales: 83 homes are in escrow priced from $49,900 to $1,150,000.
December Sales: 53 homes sold in December 2011.
- 42 homes were non-distressed
- 11 homes were a foreclosure or short sale, or 21% of total December sales
In December, 53 homes closed in Roswell Georgia. This is a decrease of 8 units, as there were 61 homes that closed in December 2010.
The average list price for the homes that closed in Roswell for December 2010 was $321,111.
The average list price for the homes that closed in Roswell for December 2011 was $292,524.
The average sales price for the homes that closed in Roswell for December 2010 was $303,091.
The average sales price for the homes that closed in Roswell for December 2011 was $279,724.
The average market time the homes that closed in Roswell for December 2010 was 84 days.
The average market time for the homes that closed in Roswell for December 2011 was 90 days.
Yearly Update through December 2011
In 2011 through December, a total of 930 homes were sold in Roswell with an average sales price of $306,925 and an average market time of 86 days.
In 2010 through December, a total of 884 homes were sold in Roswell with an average sales price of $329,663 and an average market time of 86 days.
5 Year History of Sold Properties in Roswell
|
Category |
2011 |
2010 |
2009 |
2008 |
2007 |
|
Units Sold |
930 |
884 |
801 |
874 |
1,180 |
|
Average Sales Price |
306,925 |
$329,663 |
$332,540 |
$371,826 |
$383,399 |
|
Distressed Properties |
205 or 22% of sold units |
191 or 22% of sold units |
132 or 15% of sold units |
120 or 14% of sold units |
71 or 6% of sold units |
|
Days on Market |
86 |
86 |
87 |
79 |
68 |
*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 December 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 December 2011*
Comments (8)Subscribe to CommentsComment