Market stats for Suwanee, January, 2010 indicate that there are 566 properties on the market. Overall, there is about an 12.3 month supply of properties.
In the sub-$200k arena, there are 121 listings, with under 8.3 months supply. This is stronger than most of the rest of the county, but not as strong as it was in November (less than 4 months supply). Part of that is because of the increase in listings… and half the sales, although February was looking up.
The First Time Home Buyer & Move-Up Buyer Tax Credits are slated to end unless a property is under contract two weeks from tomorrow. I don’t see another extension this time. Even the NAR isn’t pushing for it this time. (Active Military have an extra year to get the credit…)
Preliminary stats for Duluth, February, 2010 indicated that there were 568 properties on the market. Overall, there is about an 13.4 month supply of properties, with a marked deceleration in sales. Sales in January were 45, compared to 48 a year earlier.
Market stats for Lawrenceville, February, 2010, indicate that there are 1495 properties on the market. Overall, there is about an 10.5 month supply of properties, with a slight deceleration in sales.
Market stats for Lilburn, February, 2010, indicate that there are 390 properties on the market (as of February 28th). Overall, there is about a 15 month supply of properties, with a slight acceleration in sales during October and November, but slowing in December and January, flat in February.