BUFORD, GA - 2008 REAL ESTATE MARKET IN REVIEW

By
Real Estate Agent with Berkshire Hathaway GA Prop
Buford City Hall

BUFORD

REAL ESTATE MARKET 

2008 vs. 2007

BUFORD SOLDS 2008

Sold Homes: 730
Highest Price: $1,425,000
Lowest Price: $     39,500
List to Sale Ratio: 99%
Days on Market: 103

 

 

BUFORD SOLDS 2007

Sold Homes: 1031
Highest Price: $1,350,000
Lowest Price: $    29,000
List to Sale Ratio: 92%
Days on Market: 111

 

 

2008 Breakdown

  • Foreclosures: 151
  • Corporate Owned:  97
  • Owner Transfer: 37
  • New Construction: 261
  • Lease/Purchase:  18
  • Resale: 166

2007 Breakdown

  • Foreclosures:   72
  • Corporate Owned: 46
  • Owner Transfer: 43
  • New Construction: 400
  • Lease Purchase: 13
  • Resale: 457

2008 vs 2007 Breakdown By Category


CATEGORY
  • Foreclosures:
  • Corporate Owned:
  • Owner Transfer:
  • New Construction:
  • Lease/Purchase:
  • Resale:




% CHANGE

↑110%
↑111%
  14%
↓   34.7%
↑   77%
↓   63.7%





BUFORD SOLDS 2008 vs 2007
By COUNTY


Gwinnett
Hall

2008
656
74

2007
925
106

% Change
↓29.1%
↓30   %

Information has been collected from the First Multiple Listing Service (FMLS). Data is believed to be accurate at the time of collecting data, but is not guaranteed.

 

 


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Janice Slaven

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