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Gwinnett County Real Estate Market Report 11 08

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LaneBailey

1) The real estate market report for Gwinnett County in September and October 2008 showed declines in average sales prices and increases in inventory compared to the same periods in 2007. 2) While preliminary October numbers were mixed, final sales for September were lower than expected at 674, and new listings were too high at over 2000. 3) Absorption rates increased from August to September but increased further from September to October, indicating a seasonal weakening of demand. Inventory remains high compared to the 6 months level considered balanced.

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Gwinnett County Real Estate Market Report November September-October 2008
September Numbers - Updated ,[object Object],[object Object],[object Object],[object Object]
August Numbers - Updated ,[object Object]
October Numbers - Preliminary ,[object Object],[object Object],[object Object],[object Object]
October Numbers - Preliminary ,[object Object]
Days on Market (DoM)
Conclusions ,[object Object],[object Object],[object Object]
New, Pending & Sold Listings
Conclusions ,[object Object],[object Object],[object Object]
September Absorption Rates ,[object Object],[object Object],[object Object],[object Object]
Oct. Absorption Rates ,[object Object],[object Object],[object Object],[object Object]
Conclusions ,[object Object],[object Object],[object Object]
New/Sold Ratio ,[object Object]
New/Sold Ratio ,[object Object],[object Object]
New/Sold Ratio
Conclusion ,[object Object],[object Object],[object Object],[object Object]
Average Sales Price ,[object Object],[object Object],[object Object]
Average Sales Price ,[object Object],[object Object]
List Price/Sales Price Ratio ,[object Object],[object Object],[object Object],[object Object]
Conclusion ,[object Object],[object Object],[object Object]
Overall Conclusion ,[object Object],[object Object],[object Object]
Overall Conclusions ,[object Object],[object Object],[object Object]
Overall Conclusions ,[object Object],[object Object],[object Object]

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