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Suwanee GA - Second Quarter 2009 vs. First Quarter 2009

SECOND QUARTER 2009

CURRENT ACTIVES:

Total Units: 703
High Price: $8,500,000
Low Price: $105,000

BREAKDOWN:
  • Corporate Owner: 24
  • Estate Owned: 3
  • Foreclosure: 43
  • Lease/Purchase: 36
  • Lender Owned: 10
  • Owner Transfer: 47
  • Other: 540
PENDINGS:

Total Units: 141*
High Price: $1,749,000
Low Price: $49,900

BREAKDOWN:
  • Corporate Owner: 18
  • Estate Owned: 0
  • Foreclosure: 20
  • Lease/Purchase: 15
  • Lender Owned: 2
  • Owner Transfer: 4
  • Other: 82


    *37 Units went pending during second quarter
SOLDS:

Total Units: 191
High Price: $1,340,00
Low Price: $91,000

BREAKDOWN:
  • Corporate Owner: 27
  • Estate Owned; 1
  • Foreclosure: 39
  • Lease/Purchase: 4
  • Lender Owned: 4
  • Owner Transfer: 9
  • Other: 107

SECOND QUARTER 2009 SOLDS RECAP
  • Average List Price: $343,843
  • Average Sales Price: $319,194
  • Average List to Sale Percentage: 93%
  • Average DOM: 100


SOLDS BY COUNTY:
  1. Gwinnett County: 125 Units
  2. Forsyth County: 61 Units
  3. Fulton County: 5 Units

FIRST QUARTER 2009

SOLDS:
  • Total Units: 141
  • High Price: $1,017,000
  • Low Price: $49,900

FIRST QUARTER 2008 SOLDS RECAP:
  • Average List Price: $305,876
  • Average Sales Price: $285,848
  • Average List to Sale Percentage: 93%
  • Average DOM: 107

BREAKDOWN:
  • Corporate Owner: 32
  • Estate Owned: 0
  • Foreclosure: 39
  • Lease/Purchase: 7
  • Lender Owned: 5
  • Owner Transfer: 3
  • Other: 55
SOLDS BY COUNTY
  1. Gwinnett County: 99 units
  2. Forsyth County: 40 units
  3. Fulton County: 2 units

ANALYSIS Second Quarter 09 vs. First Quarter '00:

1) Sold Units: +35%
2) Average List Price: +12%
3) Average Sold Price: +12%
4) List to Sale Price: No Change
5) Days on Market: -7 days

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Posted Friday Aug 21