Suwanee GA - RIVERMOORE PARK: 3rd QUARTER MARKET PERFORMANCE

Rivermoore Park, Suwanee GA

Third Quarter 2008
Compared to Second Quarter 2008

Third Quarter, 2008

SOLD: 3

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

High Sold Price: $454,000
Low Sold Price: $366,000
Average Sold Price: $401,633

Avg DOM: 80

Avg ORIG. List Price to Actual Sale Price Percentage: 93%
Avg Seller Concessions: $5,360

Second Quarter, 2008

SOLD: 9

Corp Owned: 1
Foreclosure: 1
Owner Transfer: 1
Lease/Purchase: 0
No Special Circumstances: 6

High Sold Price: $717,000
Low Sold Price: $460,000
Average Sold Price: $575,277

Avg DOM: 49

Avg ORIG List Price to Actual Sale Price Pecentage: 94%
Avg Seller Concessions: $4,152

Analysis:

Number of homes sold 3rd quarter vs. 2nd quarter: <6 units>
Avg SOLD price 3rd quarter vs. 2nd quarter: <$173,644>
Avg DOM 3rd quarter vs. 2nd 2008: ^31 days
Avg ORIG List to Sale Price Percentage 3rd vs. 2nd: <1%>
Avg Seller contributions:
3rd quarter; $5,360 3rd vs. 2nd quarter; $4,152 ^29.1%

**Drop in AVG SOLD PRICE 3rd quarter vs. AVG SOLD PRICE 2nd quarter does not reflect current property values within Rivermoore Park and is not the intent of this report. It is an indicator, in my opinion, of what price point within Rivermoore Park is selling best in today's current market.

Current market in Rivermoore Park:

ACTIVES in Rivermoore Park: 28
Avg LIST price of ACTIVES: $581,035
Highest List: $999,000 Lowest List: $445,900
Predominant price range of current ACTIVE listings: $525,000-$599,900
PENDING: 1