North Metro Atlanta Real Estate - Dacula Georgia Real Estate Update!

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Following is the activity recorded for Dacula Georgia Residential Real Estate Listings from 12 May, 2007 to 26 May, 2007:

It was a very busy couple of weeks in real estate sales in Dacula, GA! In the last 2 weeks new listings outstripping concluded sales by almost 4 to 1! However, considering the 24 listings pending sale, 22 expired listings, 17 sold listings and 11 listings withdrawn, the overall availabillity of housing becreased by 10 units. This seems to indicate that Dacula is still experiencing a fairly even market!

There were 64 new Dacula Georgia homes listed for sale this past 2 weeks, with listing prices ranging from $120,000 for a 3BR, 1BA home in Phillip Homes to $824,800 for a 6BR, 5BA home in Hamilton Mill. The average list price for all new Dacula Georgia homes listed for sale in the last 2 weeks was $297,795. A total of $19,058,887 worth of Dacula Georgia housing came on the market in the last 2 weeks!

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

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

Sellers are ready for some action as 20 Dacula Georgia homes had their prices reduced while 0 Dacula Georgia home had a price increase this past 2 weeks. This is a strong signal that homeowners are ready to get moving!

Hopes of getting a sale were dashed for 22 Dacula Georgia homeowners in the past 2 weeks as their listings expired, they were priced from $129,800 to $524,900.

On the bright side, there were 24 Dacula Georgia mls real estate listings that went under contract in the past 2 weeks! These homes ranged in asking price from $154,900 for a 3BR, 2BA home in Brookton Place to $614,900 for a 5BR, 4.5BA home in Hamilton Mill. The average list price for all Dacula Georgia mls real estate listings that went under contract in the past 2 weeks was $282,960. A total of $6,791,045 worth of Dacula Georgia housing went under contract in the past 2 weeks.

There were 17 Dacula Georgia mls real estate listings reported sold in the past 2 weeks! These homes ranged in price from $122,000 for a 3BR 2BA home in Flint Hill to $442,700 for a 5BR, 4BA home in River Springs. The average sale price for all Dacula Georgia homes sold the past 2 weeks was $216,230. The average list price to sale price ratio for all Dacula Georgia homes sold in the past 2 weeks was 97.5%. The average Days on Market for all Dacula Georgia homes sold in the past 2 weeks was 66. A total of $3,675,917 worth of Dacula Georgia housing was closed on in the past 2 weeks.

There were 11 Dacula Georgia mls real estate listings withdrawn from the market on 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 Dacula Georgia!

Please let me know if there is any other information you would like to see in this report in the future.