Suwanee, GA RIVERMOORE PARK First Quarter 2008 vs First Quarter 2007

First Quarter 2008 Compared to First Quarter 2007

First Quarter 2007

SOLD: 5

Corp Owned: 0
Foreclosure: 0
Owner Transfer: 0
Lease/Purchase: 0
No Special Circumstances: 5

High Sold Price: $624,500
Low Sold Price: $375,000
Average Sold Price: $528,300

Average DOM: 41

List to Sale Price: 96%
Seller Finance Concessions: 0

First Quarter 2008

SOLD: 2

Corp Owned: 0
Foreclosure: 0
Owner Transfer: 0
Lease/Purchase: 1
No Special Circumstances: 1

High Sold Price; $483,000
Low Sold Price: $438,000
Average Sold Price: $460,500

Average DOM: 44

List to Sale Price: 96%
Seller Finance Concessions: $135

Analysis:

Number of homes sold first quarter 2008 vs. first quarter 2007: <40%>
Average SOLD price first quarter 2008 vs. first quarter 2007: <13%>
Average DOM: No change
List to Sale Price: No change

Drop in HIGH SOLD '08 vs HIGH SOLD '07 is not necessarily a reflection of current property values within Rivermoore Park. It is an indicator, in my opinion, of waht price point within Rivermoore Park is selling best in today's market.

Lease/Purchase: Buyer enters into a lease agreement with Seller and at the end of the lease period, Buyer has opton to buy the home at an already agreed upon price and terms.