SUWANEE TALK!: Georgia: Duluth

DULUTH, GA - 2008 REAL ESTATE MARKET IN REVIEW

 
City Hall Duluth GA

DULUTH  REAL ESTATE 

2008 vs. 2007

 

DULUTH SOLDS 2008

Sold Homes: 812
Highest Price: $3,028,817
Lowest Price: $     38,500
List to Sale Ratio: 92%
Days on Market: 95

 

 

DULUTH SOLDS 2007

Sold Homes: 1108
Highest Price: $2,800,000
Lowest Price: $     90,000
List to Sale Ratio: 97%
Days on Market: 75

 

 


2008 Breakdown

  • Corporate Owned:  84
  • Foreclosure:  150
  • Owner Transferred:  40
  • New Construction:  100
  • Lease/Purchase:  20
  • Resale:  418

2007 Breakdown

  • Corporate Owned:  56
  • Foreclosure:  79
  • Owner Transferred:  47
  • New Construction:  144
  • Lease/Purchase:  14
  • Resale:  768


2008 vs 2007 Breakdown By Category


CATEGORY
  • Corporate Owned
  • Foreclosure:
  • Owner Transfer:
  • New Construction:
  • Lease/Purchase:
  • Resale: 



% CHANGE

↑50%
↑90%
15%
31%
43%
45.6%




 

DULUTH SOLDS 2008 vs 2007
By COUNTY


Gwinnett
Forsyth
Fulton
2008
627
61
124  
2007
846
54
208
% Change
↓74%
↑13%
↓40%
Information has been collected from the First Multiple Listing Service (FMLS). Data is believed to be accurate at the time of collecting data, but is not guaranteed.

 

                                     
                                      MySuwaneeHome.com

LOOK WHO IS STAYING IN GWINNETT COUNTY!

According to a recent article in Gwinnett Business Journal, Uline Shipping Supplies has decided Gwinnett County is the best place to remain and expand their business. After doing research, Uline ulimately purchased a 500,000 square feet distribution facility off Satellite Blvd. in Duluth. Uline Shipping Supplies has been part of the Gwinnett business landscape for about 8 years.

The warehouse will include distribution and office space. As a result of this decision, Uline will add 500 new jobs over the next 10 years as part of its long-term expansion plan. The plan is to move into the new facility sometime in 2009. 

At a time when we constantly hear a forecast of economic uncertainty nationwide, knowing Gwinnett County worked to keep a business in our county like Uline Shipping Supplies is definitely worth noting and applauding. 

Job Opportunities: 

 Uline Shipping Supply Locations:    

 

                                                                   
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