Gwinnett County GA Real Estate and More! Suwanee GA Real Estate Market Update!

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

Following is the activity recorded for Suwanee Georgia Residential Real Estate Listings from 28 April, 2007 to 5 May, 2007:

It was a very busy week in real estate sales in Suwanee, GA this past week with new listings just exceeding concluded sales.  However, considering the 21 expired listings, 44 sold listings and 7 listings withdrawn, the overall availabillity of housing decreased by 4 units. This seems to indicate that Suwanee is experiencing a very even market! 

There were 68 Suwanee Georgia homes listed for sale this past week, with listing prices ranging from $160,000 for a 3BR, 2.5BA home in Arbour Trace to $949,000 for a 4BR, 4.5BA home in Laurel Springs.  The average list price for all new Suwanee Georgia homes listed for sale in the last week was $379,535.  A total of $25,808,414 worth of Suwanee Georgia housing came on the market last week!

0 Suwanee Georgia homes came back on the market this past week.

0 Suwanee Georgia mls real estate listings were extended this past week. 

Sellers are ready for some action as 16 Suwanee Georgia homes had their prices reduced while 0 Suwanee Georgia homes had a price increase this past week.  This is a strong signal that homeowners are ready to get moving!

Hopes of getting a sale were dashed for 21 Suwanee Georgia homeowners this week as their listings expired, they were priced from $230,000 to $1,099,000.

On the bright side, there were 31 Suwanee Georgia mls real estate listings that went under contract this past week!  These homes ranged in asking price from $195,000 for a 4BR, 2.5BA home in Landings At Suwanee Creek to $1,009,000 for a 5BR, 5BA home in Bears Best Estates.  The average list price for all Suwanee Georgia mls real estate listings that went under contract last week was $407,628.  A total of $10,598,350 worth of Suwanee Georgia housing went under contract in the last week.

There were 44 Suwanee Georgia mls real estate listings reported sold this past week! These homes ranged in price from $139,000 for a 3BR 2BA home in Arbour Trace to $688,000 for a 6BR, 5BA home in Laurel Springs.  The average sale price for all Suwanee Georgia homes sold this past week was $291,993.  The average list price to sale price ratio for all Suwanee Georgia homes sold this past week was 97.8%.  The average Days on Market for all Suwanee Georgia homes sold this past week was 77.  A total of $12,847,710 worth of Suwanee Georgia housing was closed on this past week.

There were 7 Suwanee Georgia mls real estate listings withdrawn from the market last week.

Feel free to contact Lucia Brooks at 404-803-0483 or lucia@luciabrooks.com if you would like more detailed information regarding these transactions.

Visit http://www.luciabrooks.com/ to view all homes for sale today in Suwanee Georgia!

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