North Metro Atlanta Real Estate - Suwanee Georgia Real Estate 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 6 May, 2007 to 12 May, 2007:

It was a very busy week in real estate sales in Suwanee, GA this past week with new listings exceeding concluded sales by a margin of almost 5 to 1!  However, considering the 24 listings that went under contract, the 15 expired listings, 9 sold listings and 6 listings withdrawn, the overall availabillity of housing increased by only 1 unit. This seems to indicate that Suwanee is experiencing a very even market! 

There were 55 Suwanee Georgia homes listed for sale this past week, with listing prices ranging from $159,900 for a 3BR, 2BA home in Rosedown to $1,349,000 for a 5BR, 4 Full 2 Half BA home in Edinburgh.  The average list price for all new Suwanee Georgia homes listed for sale in the last week was $423,428.  A total of $23,288,572 worth of Suwanee Georgia housing came on the market last week!

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

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

Sellers are ready for some action as 18 Suwanee Georgia homes had their prices reduced while 1 Suwanee Georgia home 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 15 Suwanee Georgia homeowners this week as their listings expired, they were priced from $169,900 to $1,190,000.

On the bright side, there were 24 Suwanee Georgia mls real estate listings that went under contract this past week!  These homes ranged in asking price from $169,800 for a 3BR, 2.5BA home in Arbour Trace 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 $332,304.  A total of $7,975,300 worth of Suwanee Georgia housing went under contract in the last week.

There were 9 Suwanee Georgia mls real estate listings reported sold this past week! These homes ranged in price from $189,000 for a 4BR 3BA home in Northbrooke Square to $489,900 for a 5BR, 4BA home in Ashleigh Walk.  The average sale price for all Suwanee Georgia homes sold this past week was $335,623.  The average list price to sale price ratio for all Suwanee Georgia homes sold this past week was 98.5%.  The average Days on Market for all Suwanee Georgia homes sold this past week was 30.  A total of $2,930,700 worth of Suwanee Georgia housing was closed on this past week.

There were 6 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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north metro atlanta real estate
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