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About Newnan's Summer Grove

Summer Grove Market Watch 2008 Year in review

Peggie Davidson Coweta - Fayette Real Estate: Real Estate Agent in Newnan, GA
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Below is the SG Mkt Watch. Due to the subd getting close to being built out, the year posted unit sales down 45.1%. Ten of the eleven homes sold in Dec were resales. Of the 157 homes sold for the year, 103 were resales or 65.6% of the total. Per MLS there are only 47 new homes remaining.

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2005

18

21

33

27

33

35

47

30

28

32

26

31

361

2

0.6%

2006

21

21

47

23

28

46

30

39

24

37

21

29

366

5

1.4%

2007

10

23

27

35

38

33

30

29

15

18

19

9

286

- 80

- 21.9%

2008

12

13

15

13

16

14

21

15

11

13

3

11

157

- 129

- 45.1%

Summergrove:Newnan,Georgia.Not just a homeplace. It is a lifestyle.

01-03-09
Ana Ramiscal
Ana Ramiscal: Real Estate Agent in Fairburn, GA

summergrove amenities The community of Summergrove in Newnan, Georgia has certainly proved to be one of the most desirable areas to call home today.With the amazing amenities and beautiful homes, it is not surprising to see the increased popularity of Summergrove.

I encourage buyers and real estate agents to get acquainted with everything Summergrove has to offer.

Some of the amenities include:A 100 acre stocked fishing lake,an 18 hole championship golf course,9 tennis courts,three pools, a lazy river water park,playing fields, parks and much more.

Downtown Newnan offers a thriving business area with an old-world charm and the historic district with majestic old homes.Just minutes away on Hihgway 34, you will find the new commercial areas with the best in dining, shopping and entertainment.

The Summergrove suburban living is approximately 45 minutes from Downtown Atlanta and 20 minutes from the airport.

From cottages to castles, everyone can find the perfect home and subdivision at Summergrove in Newnan,Georgia.

Buyers call me today to request a free list of available homes in Summergrove.

If you are a real estate agent looking for an agent to refer your clients who are moving to Newnan, Georgia call me today.

Ana Ramiscal

www.anasellsproperties.com

404-217-6389

To view one of my listings at Summergrove click on the link below.

http://www.anabuysandsells.com/listing/virtualtour.ashx?listingid=1970591

Summergrove Market Watch Newnan Georgia

Peggie Davidson Coweta - Fayette Real Estate: Real Estate Agent in Newnan, GA

Due to new home sales winding down in SG, the unit decrease this yr is over 46%. Compounded with last year's 22% loss, sales are down almost 70% from the '06 high water mark. April saw only 4 new and 8 resales sold for a total of 12 sales with a May 1 inventory of 200 homes for sale representing a 10 month supply. There's been a slight drop in avg prices this year of 2.4%. With only a handful of new homes selling each month which goes to support several new home sales people is the primary reason the Newnan Home Source is imploding on itself with agents leaving in droves. To view the full SG Mkt Watch Report, go to: http://SummerGrove.BushRealEstateGroup.com

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2005

18

21

33

27

33

35

47

30

28

32

26

31

361

2

0.6%

2006

21

21

47

23

28

46

30

39

24

37

21

29

366

5

1.4%

2007

10

23

27

35

38

33

30

29

15

18

19

9

286

- 80

- 21.9%

2008

11

13

15

12

*

51

- 44

- 46.3%