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Janice Slaven, Suwanee Georgia Real Estate

ATLANTA MARKET - July and August 2009 In Review

I admit, I have fallen behind on the market reports. To bring us all up-to-date, I am combining July and August. As of today, I think we are seeing some movement in the Atlanta market. The concensus seems to be that the interest rates certainly are enticing the buyer; but, the First Time Home Buyer Tax Credit is coming to a close shortly and that may also be perpetuating the fence sitters to take the plunge.

Let's take a look at mid-summer sales in the Atlanta market:

FIRST TIME HOME BUYER TAX CREDIT....THE CLOCK IS TICKING

Times running out. The First Time Home Buyer Tax Credit will be gone soon. Have you found your perfect home yet? This great opportunity ends November 30, 2009. With rates so low, inventory high.....why are you waiting? Time to buy is now.

TIME LEFT FOR FIRST TIME HOME BUYER TAX CREDIT


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First Time Home Buyer Tax Credit

GWINNETT COUNTY SCHOOLS - SAT RESULTS

Gwinnett County Public Schools can pat themselves on the back! The
SAT scores for the Class of 2009 were released last week and the
numbers are looking up (literally).

The Class of 2009 is the fourth graduating class to take the newest
version of the SAT. The current version includes writing. There are
three sections to the SAT: Critical reading, math and writing). Gwinnett
County students topped state and national averages.

The schools ranked as follows:

Berkmar 1385
Brookwood 1625
Central Gwinnett 1475
Collins Hill 1529
Dacula 1505
Duluth 1568
Grayson 1494
Meadowcreek 1346
Mill Creek 1542
Norcross 1558
North Gwinnett 1573**
Parkview 1596
Peachtree Ridge 1553**
Phoenix 1271
Shiloh 1400
South Gwinnett 1414


**SUWANEE HIGH SCHOOLS

Gwinnett Schools 1526 Avg Composite Score*
Georgia 1460
Nation 1509


*Average of each of the three sections; Possible scores
range from 200-800 on each section

73% of Gwinnett County Public School seniors take the SAT
compared to 71% statewide; and, 46% nationally.


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SOURCE: Gwinnett Herald, Volue 3, Number 35

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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GWINNETT COUNTY SCHOOLS

The 2009-10 school year starts next Monday, August 10. Gwinnett County will begin the year with nine (9) new schools and a registration of approximately 159,000 students.

The schools in Gwinnett County are clustered by high school. Below is a complete list of schools, school links, their cluster, the principal and phone information.


SCHOOL

Alcova Elementary

CLUSTER

Dacula

PRINCIPAL

Dr. Carolyn Ford

PHONE

(678) 376-8500

Alford Elementary

Berkmar

Monica Batiste

(678) 924-5300

Annistown Elementary

Shiloh

Lorraine Molock-Sparks

(770) 979-2950

Arcad Elementary

Parkview

Joe Ahrens

(770) 925-2100

Archer High School (Opening August 2009)

Archer

Dr. Charles "Buck" Buchanan

(770) 925-2100

Bay Creek Middle (Opening August 2009)

Grayson

Dana L Pugh

(678) 344-7570

Beaver Ridge Elementary

Norcross

José DeJesus

(770) 447-6307

Benefield Elementary

Berkmar

Ron Boyd

(770) 962-3771

Berkeley Lake Elementary

Duluth

Dr. Florence "F.A." McLeod

(770) 446-0947

Berkmar High

Berkmar

Kendall Johnson

(770) 921-3636

Berkmar Middle

Berkmar

Kenney Wells

(770) 638-2300

Bethesda Elementary

Berkmar

Deborah A. Harris

(770) 921-2000

Britt Elementary

South Gwinnett

Doris Jones

(770) 972-4500

Brookwood Elementary

Brookwood

Karen Head

(770) 736-4360

Brookwood High

Brookwood

Debra T. Dees

(770) 972-7642

Buchanan High School of Technology

Other Program

Maryanne Grimes (Facility Administrator)

(770) 326-8000

Buice School

North Gwinnett

Kim Holland

(770) 271-5060

Camp Creek Elementary

Parkview

Kathy M. Jones

(770) 921-1626

Cedar Hill Elementary

Central Gwinnett

Dr. Susan Bearse

(770) 962-5015

Centerville Elementary

Shiloh

Kimberly "Kim" McDermon

(770) 972-2220

Central Gwinnett High

Central Gwinnett

Nancy Martin

(770) 963-8041

Chattahoochee Elementary

Duluth

Jeffrey "Jeff" Lee

(770) 497-9907

Chesney Elementary

Duluth

Carlotta Rozzi

(678) 542-2300

Collins Hill High

Collins Hill

Glenn McFall

(770) 682-4100

Cooper Elementary

Archer

Dr. Donna R. Bishop

(770) 554-7050

Corley Elementary

Berkmar

Paula Cobb

(678) 924-5330

Couch Middle (Opening August 2009)

Grayson

Devon Williams

(678) 407-7272

Craig Elementary

Brookwood

Angie Wright

(770) 978-5560

Creekland Middle

Collins Hill

Dr. Bill Kruskamp

(770) 338-4700

Crews Middle

Brookwood

Dr. Vince Botta

(770) 982-6940

Dacula Elementary

Dacula

Mary Lou Enright

(770) 963-7174

Dacula High

Dacula

Donald Nutt

(770) 963-6664

Dacula Middle

Dacula

Dr. Kellye Riggins

(770) 963-1110

Duluth High

Duluth

Jason Lane

(770) 476-5206

Duluth Middle

Duluth

Deborah Fusi

(770) 476-3372

Duncan Creek Elementary

Mill Creek

Chris Emsley

(678) 714-5800

Dyer Elementary

Mountain View

Donna Torbush

(770) 963-6214

Five Forks Middle

Brookwood

Dr. Mary Hensien

(770) 972-1506

Fort Daniel Elementary

Mill Creek

Paul Willis

(770) 932-7400

Freeman's Mill Elementary

Mountain View

Marian Hicks

(678) 377-8955

GIVE Center East

Other Program

Jay Paschall

(770) 338-4855

GIVE Center West

Other Program

Maryanne Grimes

(770) 326-8000

Grayson Elementary

Grayson

Dr. Christopher Ray

(770) 963-7189

Grayson High

Grayson

David Hopson

(770) 554-1071

Gwin Oaks Elementary

Brookwood

Peggy Goodman

(770) 972-3110

Gwinnett County Online Campus

Open to students from all clusters

Dr. Matthew Waymack (Director)

(770) 326-8082

Gwinnett School of Mathematics, Science, and Technology

System Charter School

Dr. Jeffrey "Jeff" Mathews

(678) 473-6292

Harbins Elementary

Archer

Dr. Cindy Truett

(770) 682-4270

Harmony Elementary

Mill Creek

Anne Marie Keskonis

(770) 945-7272

Harris Elementary


Duluth

Dr. Lauri Burton (770) 476-2241
Head Elementary


Brookwood

Leigh Westcott (770) 972-8050
Hooper Renwick School


Other Program

Arthur F. Reitz (770) 682-4290
Hopkins Elementary

Meadowcreek

Penelope "Penny" Clavijo (770) 564-2661
Hull Middle

Peachtree Ridge

Denise Showell (770) 232-3200
Ivy Creek Elementary

Mill Creek

Yvonne Frey (678) 714-3655
Jackson Elementary

Peachtree Ridge

Ruth Markham (770) 682-4200
Jones Middle

Mill Creek

Dr. Richard Holland (770) 682-4200
Kanoheda Elementary

Berkmar

Debra Scott (770) 682-4221
Knight Elementary

Parkview

Mona Roberts (770) 921-2400
Lanier Middle


North Gwinnett

Jaime Espinosa (770) 945-8419
Lawrenceville Elementary


Central Gwinnett

Dorothy Hines (770) 963-1813
Level Creek Elementary


North Gwinnett

Dr. Nancy Kiel (770) 904-7950
Lilburn Elementary


Meadowcreek

Wandy Taylor (770) 921-7707
Lilburn Middle


Meadowcreek

Dr. Gene Taylor (770) 921-1776
Lovin Elementary


Archer

Berry Simmons (678) 518-6940
Magill Elementary


South Gwinnett

Crystal Collins (770) 554-1030
Mason Elementary


Peachtree Ridge

Paula Deweese (770) 232-3370
Maxwell High School of Technology


Other Program

Donna Powers (770) 963-6838
McConnell Middle


Archer

Paula Everett-Truppi (770) 554-1000
McKendree Elementary


Collins Hill

Loretta Denmark (678) 377-8933
Meadowcreek Elementary


Meadowcreek

Kelli McCain (770) 931-5701
Meadowcreek High


Meadowcreek

Ladeadrick "Bob" Jackson (770) 381-9680
Mill Creek High


Mill Creek

Jim Markham (678) 714-5850
Minor Elementary


Berkmar

Christina Wimmer (770) 925-9543
Monarch School


Other Program

Dr. Barbara Martin (678) 542-2330
Mountain Park Elementary


Parkview

Valerie Robinett (770) 921-2224
Mountain View High School (Opening August 2009)


Mountain View

Keith Chaney (678) 407-7600
Mulberry Elementary


Dacula

Vivian Stranahan (678) 226-7460
Nesbit Elementary


Meadowcreek

Clayborn Knight (770) 414-2740
New Life Academy of Excellence


Charter School

Alphonsa Foward Jr. (Director) (770) 248-3032
Norcross Elementary


Norcross

Dr. Dora Hill (770) 448-2188
Norcross High


Norcross

Jonathan Patterson (770) 448-3674
North Gwinnett High


North Gwinnett

Ed Shaddix (770) 945-9558
North Gwinnett Middle


North Gwinnett

Wanda Law (678) 745-2300
Norton Elementary


South Gwinnett

Daundria Phillips (770) 985-1933
Oakland Meadow School


Other Program

David Ashton (770) 513-6800
Osborne Middle


Mill Creek

John Campbell (770) 904-5400
Parkview High


Parkview

David Smith (770) 921-2874
Parsons Elementary


Peachtree Ridge

Dr. Charlotte Sadler (678) 957-3050
Partee Elementary


Shiloh

Audrey Baptiste (770) 982-6920
Patrick Elementary


Mill Creek

Margaret Ackerman (770) 982-6920
Peachtree Elementary


Norcross

Dr. Beverly Smith (770) 448-8710
Peachtree Ridge High


Peachtree Ridge

Dr. Kevin Tashlein (678) 957-3100
Pharr Elementary


Grayson

Jerry Raymond (770) 985-0244
Phoenix High


Other Program

Donna Scott (770) 513-6862
Pinckneyville Middle


Norcross

Wanda Yeargin (770) 263-0860
Puckett's Mill Elementary


Mill Creek

Michelle Farmer (678) 765-5110
Radloff Middle


Meadowcreek

Dr. Patty Heitmuller (678) 245-3400
Richards Middle


Central Gwinnett

Reginald Kirkland (770) 995-7133
Riverside Elementary


North Gwinnett

Dr. Craig Barlow (678) 482-1000
Rock Springs Elementary


Collins Hill

Angie Pacholke (770) 932-7474
Rockbridge Elementary


Meadowcreek

Dion Jones (770) 448-9363
Rosebud Elementary


South Gwinnett

Tarsha Chambers (678) 639-3800
Shiloh Elementary


Shiloh

Betty Ann Schoeneck (770) 985-6883
Shiloh High


Shiloh

Dr. Gwen Tatum (770) 972-8471
Shiloh Middle


Shiloh

Dr. Eric Parker (770) 972-3224
Simonton Elementary


Central Gwinnett

Dr. Dot Schoeller (770) 513-6637
Simpson Elementary


Norcross

Bron Gayna Schmit (770) 417-2400
Snellville Middle


South Gwinnett

Susan Downs (770) 972-1530
South Gwinnett High


South Gwinnett

Clay Hunter (770) 972-1530
Starling Elementary (Opening August 2009)


Grayson

Donna Ledford (678) 344-6100
Stripling Elementary


Norcross

Priscilla McHam (770) 582-7577
Sugar Hill Elementary


North Gwinnett

Sandra Levent (770) 945-5735
Summerour Middle


Norcross

Dorothy Parker-Jarrett (770) 448-3045
Suwanee Elementary


North Gwinnett

Dr. Kimberly M. Smith (770) 945-5763
Sweetwater Middle


Berkmar

Georgann Eaton (770) 923-4131
Sycamore Elementary


North Gwinnett

Amy Bryan (678) 714-5770
Taylor Elementary


Collins Hill

Sandra Williams (770) 338-4680
Trickum Middle


Parkview

Kay Sands (770) 921-2705
Trip Elementary


Parkview

Marci Resnick (678) 639-3850
Twin Rivers Middle (Opening August 2009)


Mountain View

Linda Boyd (678) 407-7550
Walnut Grove Elementary


Collins Hill

Nancy Morrison (770) 513-6892
White Oak Elementary (Opening August 2009)


North Gwinnett

Jean Loethen-Payne (678) 546-5550
Winn Holt Elementary


Central Gwinnett

Dr. Jim Curtiss (678) 376-8600

Woodward Mill Elementary (Opening August 2009)


Mountain View

Barbara Ergle (678) 407-7590