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Alpharetta, Johns Creek, Roswell, Milton Real Estate Update for May 2009

At least once a day, someone asks us how the local real estate market is holding up (especially in the Alpharetta, Roswell, Johns Creek, Milton areas). Are buyers out there making offers on homes (besides distressed/foreclosure properties)? Are sellers "negotiating" deals? Are multiple offers happening on resale properties. The answer to all of these questions is YES!!!

YES, buyers are out there right now making offers and getting themselves the deal of a lifetime! Interest rates creeped up slightly last week which we believe has helped Buyers understand that if they want to take advantage of lower interest rates, they need to take action!

Yes, normal resale properties are getting offers (and multiple offers as well). We were recently in a multiple offer situation with one of our sellers and bottom line - we were able to get him more than what he expected! The buyers still got a "good deal" and our seller didn't have a bad day either.

Here's your market review for May 2009 in the areas of Alpharetta, Johns Creek, Milton and Roswell. As always, feel free to email/call us at anytime. We're here to help!

Pending - 343 Properties Found

Bedrooms Full Baths Half Baths List Price Sale Price Days on Market
Min 2
1
0
$ 90,000
$ 0
1
Avg 4
3
1
$ 428,363
$ 0
85
Max 8
9
4
$ 2,500,000
$ 0
790

Contingency w/Kickout - 5 Properties Found

Bedrooms Full Baths Half Baths List Price Sale Price Days on Market
Min 4
3
0
$ 279,900
$ 0

Avg 5
4
1
$ 457,740
$ 0

Max 6
5
1
$ 850,000
$ 0

Contingency - Due Diligence - 53 Properties Found

Bedrooms Full Baths Half Baths List Price Sale Price Days on Market
Min 3
2
0
$ 169,000
$ 0

Avg 5
3
1
$ 428,475
$ 0

Max 8
10
2
$ 2,599,000
$ 0

Contingency - Other - 23 Properties Found

Bedrooms Full Baths Half Baths List Price Sale Price Days on Market
Min 3
2
0
$ 120,000
$ 0

Avg 5
3
1
$ 421,865
$ 0

Max 6
6
1
$ 999,000
$ 0

Active - 2438 Properties Found

Bedrooms Full Baths Half Baths List Price Sale Price Days on Market
Min 0
0
0
$ 90,000
$ 0
0
Avg 4
4
1
$ 612,935
$ 0
0
Max 10
11
6
$ 7,920,000
$ 0
0

Welcome Home
The Sherry & Maria Team
Keller Williams Realty
Sherry 678-283-1710
Maria 678-548-5513
www.SherryandMariaTeam.com

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Information found above through FMLS. Each Keller Williams office is independently owned and operated. Equal housing opportunity.

Posted Sunday May 31