SUWANEE TALK!: Suwanee, GA RIVERMOORE PARK First Quarter 2008 vs First Quarter 2007

Suwanee, GA RIVERMOORE PARK First Quarter 2008 vs First Quarter 2007

 

Rivermoore Park Picture

First Quarter 2008 Compared to First Quarter 2007

First Quarter 2007

SOLD:  5

Corp Owned:  0
Foreclosure:  0
Owner Transfer:  0
Lease/Purchase:  0
No Special Circumstances:  5

High Sold Price:  $624,500
Low Sold Price:  $375,000
Average Sold Price:  $528,300

Average DOM:  41

List to Sale Price:  96%
Seller Finance Concessions:  0
 First Quarter 2008

SOLD:  2

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

High Sold Price;  $483,000
Low Sold Price:  $438,000
Average Sold Price:  $460,500

Average DOM:  44

List to Sale Price:  96%
Seller Finance Concessions:  $135
Analysis:
  • Number of homes sold first quarter 2008 vs. first quarter 2007:  <40%>
  • Average SOLD price first quarter 2008 vs. first quarter 2007:  <13%>
  • Average DOM:  No change
  • List to Sale Price:  No change
Drop in HIGH SOLD '08 vs HIGH SOLD '07 is not necessarily a reflection of current property values within Rivermoore Park. It is an indicator, in my opinion, of waht price point within Rivermoore Park is selling best in today's market.

Lease/Purchase:  Buyer enters into a lease agreement with Seller and at the end of the lease period, Buyer has opton to buy the home at an already agreed upon price and terms.

My Suwanee Home Picture


Information is courtesy of First Multiple Listing Service (FMLS). Information is believed
accurate, but not guaranteed.

0 comments • Janice Slaven, Suwanee Georgia Real Estate • May 10 2008 08:06AM

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