Age pyramid for Gwinnett County, Georgia, Unit...
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I have been running Gwinnett County Market stats for the last couple of hours.  And the results are interesting, if not pretty…

For the county-wide numbers, I don’t have the most accurate numbers until a full month has passed.  That means that I have numbers for October, but they accurate numbers I have are for September.  The October numbers will likely change about a week into December.

I will have a full report with the segments broken out for Thursday.  But here are a couple of highlights…

  • Sales were down 22% for September… as much as 29% for October (year over year).
  • Pending sales (contracts, usually closed about 30-45 days later) were down 24% for Sept. and as much as 27% for Oct (year over year).
  • Listings were up 3.3% for September (bad news for sellers) and look to be down 3.3% for October (year over year).
  • Under $200k is slightly picking up steam… everything else is slowing… (absorption rates for October).
  • But sales are still actually down, year over year, for under $200k in Oct… but listings are down even more.
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