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SUWANEE GA - 2008 REAL ESTATE MARKET IN REVIEW

Suwanee Town Center Monument
SUWANEE REAL ESTATE MARKET
2008 vs. 2007

SUWANEE SOLDS 2008

Sold Homes: 823
Highest Price: $5,500,000
Lowest Price: $ 60,000
List to Sale Ratio: 95%
Days on Market: 102

 

 

SUWANEE SOLDS 2007

Sold Homes: 1121
Highest Price: $3,020,000
Lowest Price: $ 119,000
List to Sale Ratio: 97.3%
Days on Market: 82

 

 

2008 Breakdown

  • Foreclosures: 111
  • Corporate Owned: 74
  • Owner Transfer: 53
  • New Construction: 210
  • Lease/Purchase: 25
  • Resale: 350

2007 Breakdown

  • Foreclosures: 37
  • Corporate Owned: 44
  • Owner Transfer: 73
  • New Construction: 272
  • Lease Purchase: 21
  • Resale: 674

2008 vs 2007 Breakdown By Category
CATEGORY
  • Foreclosures:
  • Corporate Owned:
  • Owner Transfer:
  • New Construction:
  • Lease/Purchase:
  • Resale:


% CHANGE

↑200%
↑68%
↓27%
↓23%
↑19
↓48%




SUWANEE SOLDS 2008 vs 2007
By COUNTY

Gwinnett
Forsyth
Fulton
2008
541
267
15
2007
741
355
25
% Change
↓27%
↓25%
↓40%
Information has been collected from the First Multiple Listing Service (FMLS). Data is believed to be accurate at the time of collecting data, but is not guaranteed.

 

                                                             


MY SUWANEE HOME.com

Posted Friday Jan 16