Sugar Hill, GA is a suburb of Atlanta in Gwinnett County. The population is 2000 was 11,399, but that only included the area inside the city limits.  The name comes from a bag of Sugar that spilled on a hill while in transit between Cumming and the railroad in Buford.  And while it is actually a big market, it is in the shadows of Lawrenceville, Duluth and Suwanee… which all are nearby.  That also makes it a great location, as it is close to everything that Gwinnett County, GA has to offer.

Market stats for Sugar Hill, GA , March, 2010 indicate that there are 211 properties on the market. Overall, there is about an 9.8 month supply of properties, with sales remaining steady, although February was much weaker than the year prior, March was much stronger and April was slightly weaker.

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Image by lane.bailey via Flickr

In the sub-$200k arena, there are 133 listings, with under 8.5 months supply.  This segment had been slowing until March, but has been getting a bit warmer since.  Sales were flat for April, but listings fell slightly.

Between $200k and $400k, there are 68 listings for sale, and about 9.7 months of supply.  February’s weak showing (3 sales v 13 for 2009) was offset by March’s strong sales (11 v 2).  April was back to the weak (7 v 11 in 2009).

From $400k to $600k, there are 6 homes on the market. The absorption rate is around 18 months, but with no sales in the last 4 months, it is tough to calculate accurately.  Obviously, a sale or two could make a BIG difference.

Above $600k, the sales are too inconsistent to have a solid read on, but there are only 3 homes listed for sale in that price range.  No sales have been recorded in the last 17 months or so.


I have a page dedicated to Sugar Hill Market Data.

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