Lilburn Georgia homes. Lilburn Georgia real estate market report. Lilburn Home Sales:
Lilburn Georgia saw 38 homes sales in November 2007 as compared to November 2006 with 65 single family homes sold the year earlier. That is a drop in sales of 41.53% in sold homes, and a 3.9% sales price increase* for November 2007 compared to the same time period a year earlier. November was the last full month of real estate statistics for reported closed sales in First Multiple Listing Service FMLS.
As of today January 14, 2007 there are currently 459 homes for sale in Lilburn Georgia in Gwinnett County. The average list price of a home for sale in Lilburn is $ 257,770. 34 homes in Lilburn are currently pending sale with an average list price of $ 206,072 and an average market time of 79 days on market.
***Months of inventory may be much larger than it appears because many new homes are not included in the MLS to avoid MLS fees.
That is a drop in sales for Lilburn homes of 41.53% in units sold single family homes, and a 3.9% increase in sales price*.
*Seller's must also realize that seller's contributions to closing costs will actually net them a lower sales price.
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I know I sound like a broken record, but the reduction in the sales volume is the real story in real estate news. That news that the media haven't a clue, BTW.
I love it when some agent starts bragging that prices are holding in their area. All I can think is "FOOL, don't you know that is the problem with real estate sales in your area????"
Oh well. Sooner or later. . . . . . .
Homefinders, Real Estate in MD & VA, Lenn Harley, Broker, New & Resale Homes Exactly! Too many agents brag about the median prices is still rising (Not taking into account seller paying 10K in closing costs)..and they overlook that unit and sales volume is off 50%! You're right! They do not know or understand their own markets!
Jim - We're fortunate that we still have a very good market in the central portion of Houston. I think we are one of the few cities in the country that does. I really hope that markets all around the United States improve as the year goes. Have a wonderful week!
Hi Jim,
Based on your blogs and comments on other blogs, I'm very impressed with your high technical knowledge & professionalism in real estate. So, I added you on my websites menu for Out of State Real Estate (left side).
I hope anyone visiting my site planning to move your way will hire you.
Good luck!
Cheers, Mr. C. KIM McGuire. N. Padre Island, TX. Today's Weather: Chilly, high 50's/low 60's with clouds.
Meg Zoller Houston Fine Homes I think there are many markets that are still good, Atlanta area has some issues, but we have great prices, low taxes, phenomenal weather and new homes! In the long run we will do fine! In the short term we have a few bumps to get over. BTW...your website is stunning!
C. KIM McGuire Thank you so much! Greatly appreciated! Same here! If I have anyone going your way I will have them contact you! God Bless!