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Lawrenceville GA Real Estate Market Report for December 2011

Lawrenceville GA Real Estate Market Report for December 2011


Active Listings: 978 homes are available for sale in Lawrenceville GA priced from $29,900 to $949,000.

Pending Sales: 415 homes are in escrow priced from $16,900 to $629,900.

December Sales: 270 homes sold in December 2011.Market Reports by Mark Mitchell
  • 96 homes were non-distressed
  • 174 homes were a foreclosure or short sale, or 65% of total December sales


In December, 270 homes closed in Lawrenceville Georgia. This is an increase of 69 units, as there were 201 homes that closed in December 2010.

The average list price for the homes that closed in Lawrenceville for December 2010 was $134,087.

The average list price for the homes that closed in Lawrenceville for December 2011 was $108,044.

The average sales price for the homes that closed in Lawrenceville for December 2010 was $128,583.

The average sales price for the homes that closed in Lawrenceville for December 2011 was $104,880.

The average market time the homes that closed in Lawrenceville for December 2010 was 82 days.

The average market time for the homes that closed in Lawrenceville for December 2011 was 79 days.

Yearly Update through December 2011


In 2011 through December, a total of 3,032 homes were sold in Lawrenceville with an average sales price of $109,744 and an average market time of 81 days.

In 2010 through December, a total of 2,125 homes were sold in Lawrenceville with an average sales price of $132,772 and an average market time of 78 days.

5 Year History of Sold Properties in Lawrenceville

Category

2011

2010

2009

2008

2007

Units Sold

2,972

2,125

2,271

2,167

3,032

Average Sales Price

109,722

132,772

143,941

178,480

$199,787

Distressed Properties

1,698 or 57% of sold units

1,030 or 48% of sold units

1,250 or 55% of sold units

868 or 40% of sold units

521 or 17% of sold units

Days on Market

81

78

95

91

82



*All information is from the FMLS and is for detached single family homes only.

Search of all homes in the GAMLS or FMLS



If you have any questions about selling your home in Lawrenceville or in the Northeast Atlanta area give Mark a call at 404/353-0185.

Almost 90% of buyers are searching online for homes so make sure you're getting the proper online market exposure to ensure these buyers will not miss your listing.

See Mark's video testimonials.

Mark services the following Northeast Atlanta cities: Johns Creek, Alpharetta, Roswell, Duluth, Woodstock, Suwanee, Buford, and Lawrenceville Georgia.

About the Author: the above Real Estate information on Lawrenceville GA Real Estate Market Report for December 2011 was provided by Mark Mitchell. Mark can be reached by phone at 404-353-0185 or via e-correspondence at mark@markmitchellhomes.com. Also visit www.markmitchellhomes.com

Copyright by Mark Mitchell 2011* Lawrenceville GA Real Estate Market Report for December 2011*
Posted Thursday Feb 09