Suwanee inventory update

Homes have been selling quickly and prices are still going up. Here is the latest inventory in the Suwanee high schools:

289 total homes listed in Suwanee, only 12 of them under $200,000 and all in Collins Hill.

That includes 155 homes in North Gwinnett (low price 209k), 89 in Lambert (low price 240k), 19 in Peachtree Ridge (low price 219k), and 22 in Collins Hill (low price 159900)

With inventory low and new construction mostly 300k and up the prices should continue to go up, more quickly on the low end.

April 2014 Suwanee homes for sale update

Inventory levels are increasing as rising prices are allowing more sellers to put their homes on the market. 339 total Suwanee homes for sale, with 22 under 200k. By school district:

North Gwinnett has 160 Suwanee homes for sale with 4 under 200k
Lambert has 108 Suwanee homes for sale with 1 under 200k
Peachtree Ridge has 39 Suwanee homes for sale with 5 under 200k
Collins Hill has 28 Suwanee homes for sale with 12 under 200k

Latest Suwanee Home Sales

240 Total Suwanee Homes for sale, only 9 under 200k. By school district:

North Gwinnett has 126 suwanee homes for sale but only 2 under 200k.

Lambert has 60 suwanee homes for sale, none under 200k.

Collins Hill has 27 suwanee homes for sale, 5 under 200k.

Peachtree Ridge has 22 suwanee homes for sale, 2 under 200k.

The lower price range is continuing to disappear in suwanee and other parts of metro atlanta. Under 100k has been gone for over a year, now the low price in suwanee is 155k and only 9 homes under 200k. I expect this trend to continue if rates stay reasonably low and the unemployment rate stays down.

Suwanee homes for sale update

249 suwanee homes for sale right now, only 19 under 200k. Breakdown by school district:

North Gwinnett has 114 suwanee homes for sale but only 3 under 200k.

Lambert has 66 suwanee homes for sale, only 2 under 200k.

Peachtree Ridge has 34 suwanee homes for sale with 7 under 200k.

Collins Hill also has 34 suwanee homes with 7 under 200k.

Sales seem to have slowed over the last couple months as the number of foreclosures and short sales goes down. The problem is still lack of inventory in the under 200k price range. As prices go up more owners will be above water and able to sell which should help the situation.

Suwanee named one of 10 best

Suwanee was named one of the 10 best towns for families:
http://www.familycircle.com/family-fun/travel/best-towns-for-families-2013/?ordersrc=rdfc1107120

June update on Suwanee Home Inventory

The inventory situation is not improving in the under 200k price range. As of today, there are 110 suwanee homes listed in North gwinnett high district, only 5 suwanee homesunder 200k.

In Peachtree ridge, there are 35 suwanee home listings. Only 3 of them are under 200k

In Collins hill there are 27 suwanee home listings with 9 of them being under 200k.

Finally, Lambert there are 90 suwanee home listings. None of those are under 200k.

Total for suwanee is 269 listings ranging from 119k to 5.95 million.

Even more suwanee home price info

As of this morning there are 5 suwanee homes listed in north gwinnett high school district under 200k, down from 11 at the same time a month ago. More homes for sale would be a welcome change to the supply problems we have faced over the last 9 months, but it is getting even more difficult.

Only 4 suwanee homes under 200k currently listed in peachtree ridge district, with 15 suwanee homes in collins hill high district in that price range.

Total home listings in suwanee are 270 ranging from 119k to 5.95 million, up from 256 this time last month. 253 are pending sales.

In the condo/townhome category there are 24 available ranging from 145k to 425k, up from 16 last month. 27 are pending sales.

More Suwanee Home Price Info

The lower price points for Suwanee homes keep disappearing. As of this afternoon, there are only 11 suwanee homes listed under 200k in North Gwinnett High school district. That is a really small number. Less supply + Higher demand = Higher prices for homes in suwanee.

Suwanee Homes Active and Pending Sales

There are 256 suwanee homes listed as active residential listings as of this morning, ranging from $109000 to $5.95 million. The under $100,000 market has basically disappeared. 225 more listings are under contract so that shows they are selling very fast.

In the condo category of

suwanee homes

there are 16 available listings from $150,000 to $225,000, and 22 under contract.

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