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North Metro Atlanta Real Estate - Suwanee Georgia Real Estate Update for 2/18/2008

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers 202787

The median single family home price in Suwanee Georgia this week remains at $359,885, up from $350,000 last week.  The 618 homes (up from 614 last week) have been on the market for an average of 115 days, down 4 days from last week.

The SUWANEE Georgia real estate market is currently quite strongly in the Buyers Market zone (below 30).

The 90-day Market Action Index stands at 7.5, the same as last week.  Buyers still should find ample choice with several months of inventory available at the current sales rate.  The 7-day Market Action Index lost some steam though, let's hope for another jump up next week! 

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.

Visit http://www.luciabrooks.com/ to see over 100,000 North Metro Atlanta real estate listings for sale.  Each listing includes multiple photos, maps and neighborhood info.