The SUWANEE market is currently quite strongly in the Buyers Market zone (below 30).
The 90-day Market Action Index stands at 7. With several months of inventory available at the current sales rate, buyers should find ample choice.
While prices have been at a plateau for a number of weeks, this is a Buyer's market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
Click Here to download a full report of the past weeks real estate activity in SUWANEE, GA. Includes charts showing prices, average days on market, inventory levels and more.
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