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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 228 properties on the market. Overall, there is about an 9.7 month supply of properties, with sales dropping precipitously since June (31 in June, 15 in August).  Meanwhile, inventories are on the way up.

In the sub-$200k arena, there are 150 listings, with under 9.6 months supply.  Sales are also about half of what they were in June, and only ¾ of the level last August.

Between $200k and $400k, there are 69 listings for sale, and about 11.5 months of supply.  As recently as May, there was only a 6.75 month supply.  Sales are only 30% of the May level, and inventories are up slightly.

From $400k to $600k, there are 3 homes on the market. The absorption rate is around 8 months, but with no sales in the last 3 months, it is tough to calculate accurately.  Obviously, a sale or two could make a BIG difference.  There have only been 2 sales in this segment this year.

Above $600k, the sales are too inconsistent to have a solid read on, but there are only 6 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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