SUWANEE GA, FIRST QUARTER 2008 RECAP

By
Real Estate Agent with Berkshire Hathaway GA Prop

 

A SNAP SHOT LOOK AT THE SUWANEE MARKET
First Quarter 2008 vs. First Quarter 2007

 

FIRST QUARTER 2008

CURRENT  ACTIVES:

TOTAL UNITS:  586
HIGH PRICE: $8,500,000
LOW PRICE:  $   129,900

BREAKDOWN:
  • Corporate :  19
  • Estate Owned:  5
  • Foreclosure:  20
  • Lease/Purchase:  21
  • Owner Transfer:  38
  • Other:  483
PENDINGS:

TOTAL UNITS:  55
HIGH PRICE:  $1,500,000
LOW PRICE:  $   157,900

BREAKDOWN:
  • Corporate :  6
  • Estate Owned:  0
  • Foreclosure:  7
  • Lease/Purchase:  2
  • Owner Transfer:  3
  • Other:  37
SOLDS:

TOTAL UNITS:  79
HIGH PRICE:  $2,493,032
LOW PRICE:  $      96,000

BREAKDOWN:
  • Corporate:  6
  • Estate Owned:  0
  • Foreclosure:  12
  • Lease/Purchase:  3
  • Owner Transfer:  6
  • Other:  52


FIRST QUARTER SOLDS RECAP:
  • Average Original Price:  $345,533
  • Average Sales Price:  $319,243
  • Average List to Sale Percentage:  92%
  • Average DOM:  116


 FIRST QUARTER 2007

SOLDS:  

TOTAL UNITS:  181
HIGH PRICE:  $1,858,400
LOW PRICE:    $   119,000

BREAKDOWN:
  • Corporate Owned:  7
  • Estate Owned:  1
  • Foreclosure:  6
  • Lease/Purchase:  2
  • Owner Transfer:  10
  • Other:  155
RECAP:
  • Average Original Price:  $345,068
  • Average Sales Price:  $335,094
  • List to Sale Price Percent:  97%
  • Average DOM:  80








ANALYSIS:  
  1. Sold Units:  '08 vs. '07   <44>
  2. Average List Price:  '08 vs. '07  - No Change
  3. Average Sold Price:  '08 vs. '07  <5>
  4. List to Sale Price:  '08 vs. '07

Information is for Suwanee/Gwinnett. 
Information is believed accurate but is not guaranteed.
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Janice Slaven

Suwanee Georgia Real Estate
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