Suwanee GA - RIVERMOORE PARK: 3rd QUARTER MARKET PERFORMANCE

By
Real Estate Agent with Berkshire Hathaway GA Prop

 

Rivermoore Park, Suwanee GA

          Third Quarter 2008
Compared to Second Quarter 2008

Third Quarter, 2008


SOLD:  3

Corp Owned:  1
Foreclosure: 1
Owner Transfer: 0
Lease/Purchase: 0
No Special Circumstances: 1



High Sold Price:  $454,000
Low Sold Price:  $366,000
Average Sold Price:  $401,633

Avg DOM:  80

Avg ORIG. List Price to Actual Sale Price Percentage:  93%
Avg Seller Concessions:  $5,360
Second Quarter, 2008


SOLD:  9

Corp Owned: 1
Foreclosure: 1
Owner Transfer: 1
Lease/Purchase: 0
No Special Circumstances:  6



High Sold Price:  $717,000
Low Sold Price:  $460,000
Average Sold Price:  $575,277

Avg DOM:  49

Avg ORIG List Price to Actual Sale Price Pecentage:  94%
Avg Seller Concessions:  $4,152

 

Analysis:  
  • Number of homes sold 3rd quarter vs. 2nd quarter:  <6 units>
  • Avg SOLD price 3rd quarter vs. 2nd quarter: <$173,644>
  • Avg DOM 3rd quarter vs. 2nd 2008:  ^31 days
  • Avg ORIG List to Sale Price Percentage 3rd vs. 2nd:  <1%>
  • Avg Seller contributions:
     3rd quarter; $5,360 3rd  vs. 2nd quarter; $4,152  ^29.1%

**Drop in AVG SOLD PRICE 3rd quarter vs. AVG SOLD PRICE 2nd quarter does not reflect current property values within Rivermoore Park and is not the intent of this report.  It is an indicator, in my opinion, of what price point within Rivermoore Park is selling best in today's current market.

Current  market in Rivermoore Park:
  • ACTIVES in Rivermoore Park:  28
  • Avg LIST price of ACTIVES:  $581,035
  • Highest List:  $999,000   Lowest List:  $445,900
  • Predominant price range of current ACTIVE listings:  $525,000-$599,900
  • PENDING: 1


 

A Look Back at 3rd Quarter, 2007:
  • Units Sold:  10
  • Avg. ORIG List Price to Sale Price Percentage:  94%
  • Avg.  DOM:  108
  • Avg. Seller Contributions:  $1,973



Data is believed to be accurate but is not guaranteed.


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MySuwaneeHome.com

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Janice Slaven

Suwanee Georgia Real Estate
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