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Daily Foreclosure and Distress
Homes Report
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Receive by e-mail a free daily report on
foreclosures and distress sale homes in your area.
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Discover how to avoid these costly mistakes.
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FREE Special Report "How To Stop
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Questions Real Estate Agents Hate
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| 10 questions
you must
ask when interviewing an agent. |
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New Monthly Feature
Forsyth County, North
Fulton and
West Gwinnett Real Estate Report.
Single
family homes in Forsyth County saw the annual average sale price drop 8% from
$357,692 in December 2006 to $330,448, in December 2007, which more than double
the rest of the metro Atlanta area, which decreased by 3.5% from December 2006
to December 2007. Average home values in North Fulton dropped from $399,229 in
December 2006 to $389,661 in December 2007 a 2% decrease. West Gwinnett matched
Forsyth County with average annual home value’s decreasing 8%, from $329,444 in
December 2006 to $304,544 in December 2007.
Actual
home sales in Forsyth County dropped 37% compared to December 2006, which
matches the 37% reduction in metro Atlanta real estate sales. North Fulton home
sales dropped 40% while West Gwinnett home sales dropped 34% over the same time
last year.
In
Forsyth County new home inventory rose slightly from last month of 9.6 months of
new home inventory to this month of 9.7 months of new home inventory. The
average selling time also rose from of 132 days to 149 days. Resale home
inventory in Forsyth County remained the same at 9.6 months of resale home
inventory. The average selling time came down slightly from 69.6 days last month
compared to 69.0 days this month. North Fulton new home inventory increased from
20.5 months of new home inventory last month to 20.55 months of new home
inventory this month, with an average selling time changing from 184 days to
166.5 days. Resale homes inventory in North Fulton remained the rose from 7.05
months of resale home inventory to 8.9 months. Resale home average selling time
rose from 60 days to 61 days.
If you
would like to receive and in-depth analysis of the Forsyth County, North Fulton
and West Gwinnett real estate market, including an analysis by price range (the
numbers vary significantly based on price range) call our pre-recorded toll free
order hotline at 877-411-9264 ID # 1625 or you can order it only line at
www.ATLMLSdata.com.
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Sales Statistics for
Forsyth County GA |
|
Area |
Forsyth December
2007 |
Sales |
Change |
Ave Sale Price |
Change |
|
221 |
East GA - 400 |
92 |
99% |
$ 360,436
|
95% |
|
222 |
West GA - 400 |
46 |
73% |
$ 296,333
|
108% |
|
223 |
North |
23 |
52% |
$ 283,525
|
90% |
|
|
|
161 |
81% |
$ 940,294
|
97% |
|
|
Average |
53.7 |
81% |
$ 313,431
|
97% |
|
|
|
|
|
|
|
|
Area |
Forsyth December
2006 |
Sales |
|
Ave Sale Price |
|
|
221 |
East GA - 400 |
93 |
|
$ 380,274
|
|
|
222 |
West GA - 400 |
63 |
|
$ 275,275
|
|
|
223 |
North |
44 |
|
$ 316,043
|
|
|
|
|
200 |
|
$ 971,592
|
|
|
|
Average |
66.7 |
|
$ 323,864
|
|
|
|
|
|
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Months of Unsold
Inventory Forsyth |
|
|
Area |
Forsyth December
2007 |
Sales |
Units |
Mths of Inventory |
DOM |
|
221 |
East GA - 400 |
92 |
1038 |
9.9 |
140.0 |
|
222 |
West GA - 400 |
46 |
374 |
7.7 |
186.7 |
|
223 |
North |
23 |
304 |
11.2 |
188.2 |
|
|
|
161 |
1716 |
|
|
|
|
Average |
53.7 |
|
9.6 |
171.6 |
|
|
DOM = Days on market |
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|
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|
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Sales Statistics for
North Fulton GA |
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|
Area |
North Fulton
December 2007 |
Sales |
Change |
Ave Sale Price |
Change |
|
13 |
West GA - 400 |
68 |
61% |
$ 442,987
|
103% |
|
14 |
East GA - 400 |
110 |
81% |
$ 389,904
|
93% |
|
|
|
178 |
72% |
$ 832,891
|
98% |
|
|
Average |
35.6 |
72% |
$ 416,446
|
98% |
|
|
|
|
|
|
|
|
Area |
North Fulton
December 2006 |
Sales |
|
Ave Sale Price |
|
|
13 |
West GA - 400 |
111 |
|
$ 431,518
|
|
|
14 |
East GA - 400 |
136 |
|
$ 421,234
|
|
|
|
|
247 |
|
$ 852,752
|
|
|
|
Average |
49.4 |
|
$ 426,376
|
|
|
|
|
|
|
|
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|
Months of Unsold
Inventory North Fulton |
|
Area |
North Fulton
December 2007 |
Sales |
Units |
Mths of Inventory |
DOM |
|
13 |
West GA - 400 |
68 |
801 |
7.3 |
138.3 |
|
14 |
East GA - 400 |
110 |
1042 |
6.8 |
130.3 |
|
|
|
178 |
1843 |
|
|
|
|
Average |
89 |
|
7.1 |
134.3 |
|
|
DOM = Days on market |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales Statistics for
West Gwinnett GA |
|
|
Area |
West Gwinnett Nov
2007 |
Sales |
Change |
Ave Sale Price |
Change |
|
62 |
Duluth & Suwanee |
136 |
74% |
$ 288,041
|
89% |
|
|
|
|
|
|
|
|
Area |
West Gwinnett Nov
2006 |
Sales |
|
Ave Sale Price |
|
|
62 |
Duluth & Suwanee |
185 |
|
$ 322,888
|
|
|
|
|
|
|
|
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|
Months of Unsold
Inventory West Gwinnett |
|
Area |
West Gwinnett Nov
2007 |
Sales |
Units |
Mths of Inventory |
DOM |
|
62 |
Duluth & Suwanee |
136 |
1476 |
9.6 |
114.2 |
|
|
DOM = Days on market |
|
|
|
|
|
December 2007 -
Forsyth |
Total |
|
|
|
|
New Homes Sold - 12
months |
1158 |
|
New Current
Inventory |
|
