Alpharetta GA Real Estate Market Report for October 2011

By
Real Estate Agent with Virtual Properties Realty

Alpharetta GA Real Estate Market Report for October 2011


Active Listings:  736 homes are available for sale in Alpharetta GA priced from $76,900 to $8,499,000.

Pending Sales:  143 homes are in escrow priced from $74,900 to $2,500,000.

October Sales:  108 homes sold in October 2011.Market Report
  • 85 homes were non-distressed
  • 23 were a foreclosure or short sale, or 21% of total October sales


In October, 108 homes closed in Alpharetta Georgia.  This is an increase of 28 units, as there were 80 homes that closed in October 2010.

The average list price for the homes that closed in Alpharetta for October 2010 was $359,533.

The average list price for the homes that closed in Alpharetta for October 2011 was $409,558.

The average sales price for the homes that closed in Alpharetta for October 2010 was $329,502.

The average sales price for the homes that closed in Alpharetta for October 2011 was $384,945.

The average market time the homes that closed in Alpharetta for October 2010 was 93 days.

The average market time for the homes that closed in Alpharetta for October 2011 was 92 days.

Yearly Update through October 2011


In 2011 through October, a total of 1,197 homes were sold in Alpharetta with an average sales price of $362,817 and an average market time of 88 days.

In 2010 through October, a total of 1,053 homes were sold in Alpharetta with an average sales price of $354,061 and an average market time of 89 days.

4 Year History of Sold Properties in Alpharetta


In 2010, a total of 1,282 homes were sold in Alpharetta with an average sales price of $357,692 and an average market time of 94 days; 266 or 21% of these homes were distressed properties sold.



In 2009, a total of 1,364 homes were sold in Alpharetta with an average sales price of $384,931 and an average market time of 96 days; 276 or 20% of these homes were distressed properties sold.

In 2008, a total of 1,496 homes were sold in Alpharetta with an average sales price of $426,997 and an average market time of 84 days; 244 or 17% of these homes were distressed properties sold.

In 2007, a total of 2,196 homes were sold in Alpharetta with an average sales price of $430,276 and an average market time of 69 days;  156 or 8% of these homes were distressed properties sold.

*All information is from the FMLS and is for detached single family homes only.



Search of all homes in the GAMLS or FMLS



If you have any questions about selling your home in Alpharetta or in the Northeast Atlanta area give Mark a call at 404/353-0185.

Almost 90% of buyers are searching online for homes so make sure you're getting the proper online market exposure to ensure these buyers will not miss your listing.

See Mark's video testimonials.

Mark services the following Northeast Atlanta cities:  Johns Creek, Alpharetta, Roswell, Duluth, Woodstock, Suwanee, Buford, and Lawrenceville Georgia.

About the Author:  the above Real Estate information on Alpharetta GA Real Estate Market Report for October 2011 was provided by Mark Mitchell.  Mark can be reached by phone at 404-353-0185 or via e-correspondence at mark@markmitchellhomes.com.  Also visit
www.markmitchellhomes.com

Copyright by Mark Mitchell 2011* Alpharetta GA Real Estate Market Report for October 2011*
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
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Impressive work Mark! Very well done with this market update! Wishing you all the best and keep up the excellent work.
July 05, 2013 08:49 AM #1
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