5 Bed / 6 Bath Home in The River Club

4834 Elkhorn Hill Drive

Suwanee, GA 30024

$3950000
Welcome Home to your Elegant Rustic Style Lodge with unique custom finishes and high quality Craftsmanship throughout the home. A splendid setting where elegance meets nature. This 5BD/6.3 BA home (2 of the BD's are master Suites)has private view of the Greg Norman Golf Course, a pond and mature woods. Backyard features pool w/hot tub,waterfall and Firepit for your everyday enjoyment. 2 Cooks kitchens, 6 FP's,Spa area on terrace level w/Sauna,Steam shower,massage room, work out room & Aerobic room.3 Laundry rooms, Elevator, Wide plank hand scraped walnut floors.

Summary

MLS #5650314
Price3950000
Bedrooms5
Bathrooms (Full)6
Square Footage10185
Square Footage SourceTax Record
StatusActive

Features

7 Bed / 7 Bath Home in THE RIVER CLUB

4745 Cuyahoga Cove

Suwanee, GA 30024

$3790000
ONE OF THE MOST IMPRESSIVE FRENCH PROVINCIAL ESTATES TO REACH MARKET IN N. ATLANTA, BOASTING UNPRECEDENTED DETAIL & ARCHITECTURAL CUSTOM CRAFTSMANSHIP.... SITTING ON A LEVEL CUL-DE-SAC LOT YET PERCHED TALL ABOVE THE GREG NORMAL GOLF COURSE, WITH PANORAMIC VIEWS AND 380 FT OF LAKE FRONTAGE, THIS HOME TOOK ALMOST $1 MILLION IN HAND-CUT TENNESSEE STONEWORK ALONE. ENJOY WIDE-PLANK HEART OF PINE FLOORING, LARGE AND ENTERTAINING OPEN FLOOR PLAN. ABSOLUTELY STUNNING GOURMET CHEF'S KITCHEN WITH DOUBLE SUB ZEROS- AND VIRTUALLY EVERY CONCEIVABLE OPTION. 4 FIREPLACES. 5-CAR

Summary

MLS #5718436
Price3790000
Bedrooms7
Bathrooms (Full)7
Square Footage11738
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4914 Kettle River Point

Suwanee, GA 30024

$2599000
Welcome home to this Impeccable Family Retreat - you'll never have to go on vacation again! Stunning brick & stone estate situated on almost an acre of pure luxury overlooking the 4th hole. No detail has been spared inside and out with superb craftmanship on all 3 levels. Perfect home for entertaining or everyday family living. Outdoor amenities are unparalleled w/ pool, hot tub, firepit, putting green, poolside cabana w/ swim up bar. Elan system for whole house entertainment w/ control 4 for media. Master on main with Jr masters on the upper and terrace floors.

Summary

MLS #5664792
Price2599000
Bedrooms6
Bathrooms (Full)6
Square Footage10597
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4695 Whitestone Way

Suwanee, GA 30024

$2599000
Custom Home in The River Club. 6 Bedroom 6.5 Ba on double lot backing golf course. 1st floor features large 2 story foyer overlooking LR with handsome study and large entertaining DR. Gourmet kitchen overlooks oversized Family Room and covered porch. Master on main and 2nd bedroom on main. Upstairs features 3 bedrooms all with private baths and large dressing area. Terrace level features bedroom and bath, Bar area, game room and theatre.

Summary

MLS #5751567
Price2599000
Bedrooms6
Bathrooms (Full)6
Square Footage8412
Square Footage SourceAppraisal
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4605 Whitestone Way

Suwanee, GA 30024

$2500000
Exquisite estate home with the finest attention to detail throughout. Overlooking 4th green, home features marble inlayed foyer, Liv Rm, Office w/FP, opulent Great Rm w/FP, state of the art Kitchen, Stunning Keeping Rm w/beamed ceiling & FP, Romantic Master on main, elevator, World class terrace Lvl w/Rec Rm w/FP, Bar, Billiards Rm w/FP, Humidor, Home Theater(all equipment stays!), 2nd master suite & most beautiful finish work in the River Club. Pool & spa w/stone surround, stunning outdoor living areas. WOW!

Summary

MLS #5722910
Price2500000
Bedrooms6
Bathrooms (Full)6
Square Footage9476
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

869 Big Horn Hollow

Suwanee, GA 30024

$2450000
Welcome home...you've earned this! Enter an innovative floor plan built for entertaining & family enjoyment. Delight in vaulted wood beamed ceilings throughout, wood, brick & travertine floors, wide baseboards, stained doors throughout. The chef of the family will revel in the showcase kitchen of granite and brick. Master on main, separate his & hers baths/closets with car wash shower for both to enjoy. Terrace level is filled with customized features including media room with built in show cases for memorabilia, bar, wine cellar, game room, cozy rec room with fireplace

Summary

MLS #5713023
Price2450000
Bedrooms6
Bathrooms (Full)6
Square Footage9663
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

912 Little Darby Lane

Suwanee, GA 30024

$2099000
Old world European inspired master piece, indescribable detail thruout,in private setting, 2 story grand foyer w/spiral staircase, pecky cypress paneled study, gourmet kitchen views to fireside keep rm ,Private master suite on main level w/spa like master bath, his/hers closets w/custom built-ins, whole house audio system ,cover porch w/outdoor fireplace/Terrace level features: Pub style bar,w/1800 bottle wine cellar, theater seats 8 features concession stand, billiard rm,card rm,spa rm w/sauna, salt water pool & spa w/cascading waterfalls & outdoor fire pit.

Summary

MLS #5693604
Price2099000
Bedrooms6
Bathrooms (Full)6
Square Footage9755
Square Footage SourceBuilder
StatusActive

Features

6 Bed / 5 Bath Home in The River Club

962 Little Darby Lane

Suwanee, GA 30024

$1849999
Exquisite details with superb finishing mark this amazing River Club home! Formal DR w pecky cypress walls, rustic aged exposed beams, handkerchief ceiling in foyer w built in bookcases. Kitchen built for 2 chefs w island feat all Viking appl & custom inlay cabinetry. Owners suite on main. Barn door leads to pool bath, mud rm w laundry & hammered copper sink. Junior master w spa bath. Finished terrace level& outdoor living at its finest. Complete w private 1 Bdrm Guest House w kitchenette & screened porch overlooking saltwater pool w spa.

Summary

MLS #5645985
Price1849999
Bedrooms6
Bathrooms (Full)5
Square Footage7603
Square Footage SourceBuilder
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

878 Crescent River Pass

Suwanee, GA 30024

$1799999
Stunning Brick & Stone Manor home w good golf course views. Outdoor living rooms on multi levels w fireplace overlooking pool & waterfall spa. Chefs kitchen w mixed woods. Working island w veggie sink, warming drawer, Wolf gas coooktop, dual dishwashers, subzero and wine chiller. Main floor boasts study w fireplace, living room w fireplace & stone walls, formal dining room, & owners suite on main. 3 generous ensuite bedrooms upstairs. Terrace level finished w media, billiards area, custom bar, wine, office, & guest bedroom w full bath.

Summary

MLS #5758623
Price1799999
Bedrooms5
Bathrooms (Full)5
Square Footage7316
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 5 Bath Home in The River Club

5212 Boulder Bluff Way

Suwanee, GA 30024

$1789900
A cul-de-sac lot, this 6 bed home offers an abundance of outdoor living spaces,spa pool & fire pit backing up to natural woods. Foyer flanked w/a large DR & study.The kitchen has it all: island w/serving bar,walk-in pantry & counter space for the home chef.The vaulted kitchen-family room is accented w/ truss beams. Main floor master has spacious his/her walk in closets. A finished terrace w/ theater, family/billiards & game rooms,full kitchen, weight room, guest suite & BA completes this home.

Summary

MLS #5687744
Price1789900
Bedrooms6
Bathrooms (Full)5
Square Footage7553
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in None

2915 Southers Circle

Suwanee, GA 30024

$1680000
Peaceful estate with all the amenities-an entertainer's delight! Enter through the iron gate & follow the drive through the trees to your new dream home. A must see with no detail forgotten! Gorgeous Chef's kitchen open to keeping room & breakfast area. Master on main. Finished basement w/full kitchen, custom walnut bar, theater room & more. Saltwater pool/spa with auto cover & outdoor fireplace. HUGE shop w/14' RV door & second 12' door, foam insulation, wired 220 w/gas lines run. Enjoy the convenience of the Chattahoochee Recreation Area out your back door.

Summary

MLS #5740199
Price1680000
Bedrooms6
Bathrooms (Full)6
Square Footage5385
Square Footage SourceAppraisal
StatusActive

Features

4 Bed / 4 Bath Home in The River Club

4870 Hanalei Hollow

Suwanee, GA 30024

$1599990
Home must be sold with a 18-24 month lease back. Fabulous Arthur Rutenberg Custom Home siutated in the River Valley at The River Club. This stunning home features an open floor plan for entertaining, gourmet chef's kitchen and owners suite on the main floor. Upstairs are 3 additional on suite bedrooms and a bonus room. Home has amazing view of 16th fairway and is walking distance to the club. This home is sold furnished.

Summary

MLS #5765916
Price1599990
Bedrooms4
Bathrooms (Full)4
Square Footage4333
Square Footage SourceBuilder
StatusActive

Features

6 Bed / 6 Bath Home in THE RIVER CLUB

4732 Blackwater Way

Suwanee, GA 30024

$1599900
Sitting beautifully on the 6th hole, this home has all the extensive trim/finishes any discriminating buyer will appreciate! Filled w natural light w features to include solid teak flooring, true hand crafted masonry frpl, planked walls in FR, waterworks faucets throughout, custom interior trim & built ins, calcutta gold marble counter tops, & custom hardware. Home is accented w hand baked brick, stone foundation & slate roof for welcoming appeal. Owner suite up w frpl & bath w waterworks tub, steam shower & bidet. Terr lvl w kitchen/bar & bath. 4 car garage too!

Summary

MLS #5566477
Price1599900
Bedrooms6
Bathrooms (Full)6
Square Footage7800
Square Footage SourceTax Record
StatusActive

Features

7 Bed / 8 Bath Home in Belmore Estates

4994 Price Drive

Suwanee, GA 30024

$1599000
Stunning brick & stone estate on over 1 acre in private gated community. Resort style pool featuring waterfall,slide,hot tub, & fire pit plus covered porch w fireplace.4car garage, 8 fireplaces, 3 laundry rooms. Huge owner's suite w private balcony, spacious secondary bedrooms & lofts. Gourmet kitchen well-equipped w high-end appliances opens to spacious keeping room & breakfast room overlooking pool.Terrace level has 2nd kitchen/bar, theater, fitness, steam sauna, game room, den, & guest suite. MANY details and UPGRADES! Luxurious Lifestyle!

Summary

MLS #5765505
Price1599000
Bedrooms7
Bathrooms (Full)8
Square Footage11592
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4505 Whitestone Way

Suwanee, GA 30024

$1550000
Tuscan columns and a wrought iron railing greet you at the covered porch of this brick & stone estate, inviting you to step inside. The gracious interior includes 12' ceilings, panelled study, sunny solarium with brick walls & soaring arched windows, a chef's dream kitchen w/ honed granite counter tops, soapstone apron sink, top of the line appliances. Tremendous entertaining space with covered outdoor living space including an outdoor dining porch. Guest suite on main lined by leaded glass windows w/ access to the covered porch.

Summary

MLS #5634131
Price1550000
Bedrooms6
Bathrooms (Full)6
Square Footage8187
Square Footage SourceAppraisal
StatusActive

Features

4 Bed / 5 Bath Home in The River Club

878 Big Horn Hollow

Suwanee, GA 30024

$1499999
Superb craftsmanship reflect in the River Club brick/stone home. Welcoming foyer feat inlaid floors & flanked by gentleman's Study w custom builtins & formal DR. Natural light fills the GR w fireplace & wet bar. Gourmet Kit feat dual Dishwashers, Subzero, Thermador 6 burner cooktop & dual convection ovens, large island & 2 pantries! Main level owner ste w sitting area & spa bath. Stained Canadian Maple hardwood flooring, 2 ensuite bdrms up & junior owner ste w jetted tub & dual vanities. Fin terr includes billiards/game room & gym w rubber flooring w full bath.

Summary

MLS #5758524
Price1499999
Bedrooms4
Bathrooms (Full)5
Square Footage7133
Square Footage SourceAppraisal
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

932 Chattooga Trace

Suwanee, GA 30024

$1490000
Modern Day CHIC nestled in the ultra exclusive River Club. Every detail was carefully selected and quality crafted; Reclaimed wood beams & finishes, shiplap & birch walls, Luster Stone walls & ceilings, rich moldings. Master suite on main offers serenity & privacy. Open 2 story family room w/ stone fireplace & T&G ceiling adjacent to the modern renovated chef's kitchen. Enjoy alfresco dining on the covered porch or enjoy smores by the fire on the amazing renovated Trex deck that overlooks the pristine gardens. Full daylight terrace level awaits your finishes.

Summary

MLS #5760185
Price1490000
Bedrooms5
Bathrooms (Full)5
Square Footage5780
Square Footage SourceAppraisal
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

5108 Coosa Court

Suwanee, GA 30024

$1475000
Located in a Private setting,home has been meticulously maintained paneled study, gourmet kitchen views to fireside vaulted keep rm,hardwood flooring throughout,master suite on main level w/spa like master bath, his/hers closets w/custom built-ins,second master suite upstairs,large secondary bedrooms w/private baths & great closet space,laundry on main & upstairs cover screen porch w/outdoor fireplace amazing backyard w/stone paver patio that views cascading waterfall & outdoor fire pit.Home backs up to nature preserve,prefect lot for pool walk out from your main floor

Summary

MLS #5765721
Price1475000
Bedrooms5
Bathrooms (Full)5
Square Footage6603
Square Footage SourceTax Record
StatusActive

Features

5 Bed / 4 Bath Home in The River Club

4971 Roaring Fork Pass

Suwanee, GA 30024

$1444800
Stunning J. Patrick O'Donnell brick & stone masterpiece brimming with character in The River Club. Situated on wide lot with preserved forest area, this 5BR, 4 and 2 half BA home is loaded with high-end features, including custom closet system in elegant master retreat on main. Chef's kitchen with pot filler, beverage refrigerator, warming drawer, farm sink, sliding barn door and Wolf range opens up to vaulted, beamed ceilings in family room and screened porch with fireplace. Perfect for entertaining! Full daylight lower level is framed, roughed in for lg in-law suite.

Summary

MLS #5706779
Price1444800
Bedrooms5
Bathrooms (Full)4
Square Footage5000
Square Footage SourceBuilder
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

5192 Boulder Bluff Way

Suwanee, GA 30024

$1425000
Fabulous build opportunity with builder Pat O'Donnell. Lot is nestled in quiet cul de sac close to The River Club amenity area. 5 bed/5.1 bath home. Master suite on main with spa like bath and his/her closet. Formal dining room/study, gourmet cook's kitchen over looking the great room and outside covered veranda with fireplace. Four additional bdrms upstairs all with private baths. Live in a community that meets expectations.

Summary

MLS #5741679
Price1425000
Bedrooms5
Bathrooms (Full)5
Square Footage4571
Square Footage SourceBuilder
StatusActive

Features

Lane Bailey | Garage with a Detached Home | Gwinnett County GA

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Author Archives: Lane Bailey

76 Groovy Cars on eBay… Part 4, Aston Martin Lagonda

Aston Martin Lagonda "Shooting Brake"...

Image via Wikipedia

When these were new, one stole my imagination.  It was the most expensive car in the world…  And it was amazingly futuristic…  The sharp lines and the high tech touches inside.  Of course, the 310hp V8 was state of the art.  With a 150mph top speed, it outran many performance cars of the day.

Of course there was leather… and options included things like rear bars (the kind with crystal and decanters…), rack stereos and serious exclusivity.  There were only around 620 manufactured.  And since they were built by Aston Martin, they were completely customizable.  The factory would build it as a limo, shooting brake (“gentleman’s station wagon”) or even a 2 door… if you asked really nice and gave them an even bigger pile of money.

The styling was unlike anything else on the road… with sharp edges and a pointy nose.  It exuded luxury.  And while they were considered pretty ugly by many critics when new, I think the design has aged gracefully.  It would be hard to peg the design as 35 years old.

1989 Aston Martin Lagonda Sports Sedan. Photog...

Image via Wikipedia

What is ironic, though, is that they are actually quite reasonably priced now. Considering that when they were new, the price was a couple hundred thousand dollars, prime examples can now be found for under $50k.  Aston Martin Vantages of a similar vintage usually bring in 50% more in similar condition.

Of course, it is in line with other super luxury cars of the era.  Rolls-Royces and Bentleys of the same age fetch similar prices… even though they were much less expensive when new (comparatively… they were all expensive).

The Lagonda name dates back to prior to WWI.  The company was founded in 1906 and bought by Aston Martin in 1947.

There is a part of me that would still really love to park one of those in my garage…

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Photo Friday… Garage Sale Time…

Garage sale

Image via Wikipedia

We all do it from time to time…  We get rid of stuff.  Some of it we might donate to a shelter or some worthy cause, other stuff might just find its way to the trash.  And then there is that stuff which finds its way into a garage sale (I like to call the “Neighborhood Junk Re-Allocation Events).

For us, it seems like it is about once every other year that we have a sale and then donate the remnants, alnog with a few choice things that we would rather donate than sell.

We did one just before we moved (about two months ago)… and after moving, and diving into boxes we had just plain forgotten about, we are doing it again.

Part of the reason is the large amount of stuff my mom asked me to get rid of… Coca-Cola collectibles as well as some sports memorabilia and some other odds and ends.

We’ll be having our sale on Friday and Saturday, July 1st and 2nd, 2011, at a friend’s house.  If you are in the Suwanee/Sugar Hill/Buford area, look for our signs near Buford Highway and Old Suwanee Rd.  We’ll be running the sale from around 8am until 2pm each day… or so.

[BTW, the picture is NOT our garage sale…)

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Suwanee, GA, Market Report, May 2011

This map shows the incorporated and unincorpor...

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Market stats for Suwanee, GA, May, 2011 indicate that there are 640 properties on the market. Overall, there is about an 8.9 month supply of properties.  April sales were up (75), and May continued the trend, although with 88 sales, it was close to flat compared to 2010 (84).  inventory was down slightly compared to 2010.

In the Under $200k arena, there are 184 listings in Suwanee, GA, with about a 6.5 month supply.  In June, there was a 4.8 month supply.  May sales were ok, at 29.  Last month was VERY strong (37) and last May there were 28.  This might be the strongest current segment in Gwinnett County.

Between $200k and $400k, there are 310 listings for sale, and 9.0 months of supply.  Sales in May 2011 were 45, compared with 38 for the same period in 2010.  Pretty strong, and with the decrease in listings, the Absorption Rate (AR) got a good bit better.  So far this year, only February had posted better sales than 2010, and that was just barely.

From $400k to $600k, there are 87 homes on the market. The absorption rate is at 14.5 months.  There were 10 sales this year (May)… down from 11 last year.  Even looking at the three month average, there were 18 sales this year and 27 for the same period last year.  The only good part is that listings are down slightly, and would normally be rising at this time of the year.

In the $600k to $800k arena, there are 25 listings, with about a 15 month supply.  Sales at this level are not consistent, but there were 2 this month.  Looking at one month makes the numbers jump.  For the last three months, sales were 5…  For the same time last year, the sales were 14.  The segment is weak, but we can’t call a trend… three months ago it was looking stronger and it looks stronger again… largely because of the decline of listings.

The range from $800k to $1m, there are 12 homes listed and 3 years of inventory on the market.  There were only been 4 sales at this price level last year (1 each in January, April, May and December) and one for April this year.  This is a tough segment to try to sell in right now.

In Suwanee, GA, Above $1m, there are 22 properties listed. The current absorption rate indicated about 16.5 months of inventory, but because of the smaller numbers of sales, this could be significantly impacted by just a couple of sales.  Again, we can thank reduced inventory for making the market look healthier (4 sales in Mar-May this year and 6 last year).  But, in this segment, we should be seeing reduced inventories…  There were 33 homes listed in this segment at this time last year. There were 2 sales for May.

Suwanee, GA is a suburb of Atlanta in Gwinnett, Forsyth and (just a little bit) in Fulton Counties. The population is 2000 was 8,725, but that only included the area inside the city limits, and it had seen tremendous growth since that census.  Money Magazine rated Suwanee in the “Top 10 Best Places to Live” in 2007, and it is one of the wealthiest parts of Georgia. Recently, the City of Suwanee has revamped their old town, adding a large park with a bandshell, condos, town homes and small businesses. It is also home to North Gwinnett High School, Peachtree Ridge and Collins Hill. I have a page dedicated to Suwanee Market Data.

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Wayback Wednesday… Buyers and Sellers, Same Advice…

Deal Castle

Image via Wikipedia

I’m going WAY back this week.  I’m going back 3 years.  There are a LOT of real estate bloggers that can’t go back close to three years because their blogs didn’t exist that long ago.  I actually had been blogging a year by then.  [Horn-tooting over]

I had a series of posts earlier that year called “Into The Mailbag” where I answered on the blog, questions I got from my email.  It was fun, and still one of my favorite things to do… help consumers have a better experience while buying or selling property.  [As a side-note, feel free to shoot me questions for my blog… they are great post ideas]

These two posts were actually inspired by the Into The Mailbag series, but they were not actually asked by my readers or clients.  They were subjects that I always seemed to end up addressing with clients.  I called them “Not into the Mailbag“.

In Not into the Mailbag… Buyers… I posted about offering strategies for buyers.  Many seem to think (still) that offering some percentage of the listing price is the magical solution to getting a good deal and making sure to actually be able to get the property.  It isn’t so…

In Not into the Mailbag… Sellers… I posted about listing price strategies for sellers.  Some sellers try to game buyers by thinking that the listing price should be some magical percentage higher than they actually expect the home to bring.  That isn’t so, either…

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Duluth, GA, Market Report, May 2011

This map shows the incorporated and unincorpor...

Image via Wikipedia

Preliminary stats for Duluth, May, 2011 indicated that there were 585 properties on the market. Overall, there is about an 8.5 month supply of properties.  Sales in May were 71, compared to 76 a year earlier.  While it is better, the change is mostly seasonal.  Duluth is trailing Gwinnett County as a whole.

In the Under $200k arena, there were 244 listings in Duluth, GA, with about a 7 month supply.  The Absorption Rate as recent as December, 2009, was in the low 5s.  Sales for May were up sharply this year v last year (37 v 29), but flat compared to April, 2011 (37).  This segment could do really well, but sales need to strengthen a little more…

Between $200k and $400k, there are 154 listings for sale, and about 8.3 months of supply.  Absorption rates have similarly risen, dropped and then risen again, but have been moving the right way (down) since February.  Sales were way down compared to April, 2010 (18 v 29).  Duluth is a market that favors luxury, and this segment isn’t doing terrible…

From $400k to $600k, there were 60 homes on the market. The absorption rate was around 11.2 months.  Two months ago I wrote “Sales might not seem that strong, with only 5 units, especially compared to 8 last year, but I think the problem is with the inventory.  I’ll keep looking for an increase in sales.  Maybe April will show it.”  April did NOT show it.  Sales DIVED to just 1 unit.  May, on the other hand, brought in 10 sales.  There were 5 last year.  I really want to be over a dozen for June.

In the $600k to $800k arena, there were 52 listings, with about 10.4 months of supply.  Sales were 3 for May… 5 for May last year.  Month to month sales halved (3 v 8).  I was looking for somewhere around 10-12 sales for May to show me this segment was coming back… but I got less than half of that.  June will need to be stellar… 12-15.

In Duluth, GA, from $800k to $1m, there were 31 homes listed and approximately 11.6 months of inventory on the market.  The 2 sales recorded for May tied last year and dropped 1 from last month.  The AR actually looked better than it had in the last 18 months, but was one of the few to really increase for May.

Above $1m, there were 44 properties listed. The current absorption rate indicated about 18.9 months of inventory.  A couple of sales at this level could have a large impact on the Absorption Rates…  There were 7 sales in the Mar-May period this year, and 12 sales for the same time last year…  The whole summer was weak last year, but we should be posting half a dozen sales a month here.

Duluth, GA is a suburb of Atlanta, in the heart of Gwinnett County. It actually straddles the county line and has unincorporated portions in South Forsyth County. The population of Duluth is estimated as about 26,000 people as of 2008, but this doesn’t include unincorporated areas outside the city limits, but with a Duluth mailing address. It is also home to Sugarloaf Country Club, a PGA stop until recently.  Forbes Magazine rated Duluth 26th in their nationwide survey of the best places to move, and it is one of the wealthiest parts of Georgia.  It is also home to the Arena at Gwinnett Center (Home of the ECHL Gwinnett Gladiators) and the Atlanta Thrashers practice facility (the Duluth Ice Forum). There is a LONG list of celebrities and athletes that call Duluth home, largely because of the country clubs and proximity to Atlanta.

I have a page dedicated to Duluth Market Information.

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