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Alpharetta GA Real Estate Market Report for December 2011

Alpharetta GA Real Estate Market Report for December 2011


Active Listings: 649 homes are available for sale in Alpharetta GA priced from $35,640 to $8,900,000.

Pending Sales: 147 homes are in escrow priced from $90,000 to $2,095,000.

December Sales: 95 homes sold in December 2011.Market Report by Mark Mitchell
  • 68 homes were non-distressed
  • 27 were a foreclosure or short sale, or 29% of total December sales


In December, 95 homes closed in Alpharetta Georgia. This is a decrease of 1 unit, as there were 96 homes that closed in December 2010.

The average list price for the homes that closed in Alpharetta for December 2010 was $415,180.

The average list price for the homes that closed in Alpharetta for December 2011 was $322,991.

The average sales price for the homes that closed in Alpharetta for December 2010 was $386,726.

The average sales price for the homes that closed in Alpharetta for December 2011 was $308,885.

The average market time the homes that closed in Alpharetta for December 2010 was 115 days.

The average market time for the homes that closed in Alpharetta for December 2011 was 91 days.

Yearly Update through December 2011


In 2011 through December, a total of 1432 homes were sold in Alpharetta with an average sales price of $362,384 and an average market time of 88 days.

In 2010 through December, a total of 1292 homes were sold in Alpharetta with an average sales price of $356,961 and an average market time of 94 days.


5 Year History of Sold Properties in Alpharetta

Category

2011

2010

2009

2008

2007

Units Sold

1432

1292

1364

1496

2195

Average Sales Price

$362,384

$356,961

$384,931

$426,997

$430,363

Distressed Properties

350 or 24% of sold units

288 or 22% of sold units

287 or 21% of sold units

244 or 17% of sold units

156 or 8% of sold units

Days On Market

88

94

96

84

69


*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 Alpharetta 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 Alpharetta 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* Alpharetta GA Real Estate Market Report for December 2011*
Posted Friday Feb 10