Duluth, GA Real Estate News

By Mark Mitchell, Realtor, Johns Creek Georgia Homes
(Virtual Properties Realty )
Duluth GA Real Estate Market Report for January 2011   Active listings: 529 homes are available for sale in Duluth GA priced from $39,900 to $6,750,000. Pending sales: 90 homes are in escrow priced from $29,500 to $5,635,000. January sales: 40 homes sold in January 2011.  23 homes were non-distressed 17 homes were a foreclosure or short sale or 43% of the homes sold in January   In January, 40 homes closed in Duluth Georgia. This is an increase of 15 units, as there were 25 homes that closed in January of 2010. The Average list price for the homes that closed in Duluth for January 2010 was $304,675. The Average list price for the homes that closed in Duluth for January 2011 was $254,806. The Average sales price for the homes that closed in Duluth for January 2010 was $289,367. The Avera...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia Preliminary stats for Duluth, December, 2010 indicated that there were 543 properties on the market. Overall, there is about an 9.1 month supply of properties.  Months of Inventory has been increasing for the last couple of months, until this month.  Sales in December were 66, compared to 57 a year earlier.  It is worth noting that almost every segment in Gwinnett County, GA, that I track had a bump in December this year, copared both with November, 2010 and December, 2009. In the Under $200k arena, there were 216 listings in Duluth, GA, with about a 7.1 month supply.  The Absorption Rate had gotten down into the high 4 month realm… and as recent as last December, was in the low 5s.  In May, it was at 7.9 months and has been rising since, until this month.  Sales fo...
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By Jamie Parker Gwinnett, Realtor, Snellville Homes
(Exp Realty)
We went to IHOP for dinner tonight- just daddy and the kids.  IHOP  is great for the kiddos since most do free meals after 4 p.m. for kids. Well tonight featured an extra bonus; Entertainer and Balloon Decorator Paul Teal.  I don't claim to be a balloon expert, but I do have to say his work is extraordinary. From heart shaped and glow in the dark balloons, my kids were mesmerized. His website it www.partytilyoupop.com  The service at IHOP was great as was the food (all you can eat pancakes for 4.99 is quite a deal).  I highly recommend this great family night. Paul is at the below IHOP location every Friday night.        
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By Mark Mitchell, Realtor, Johns Creek Georgia Homes
(Virtual Properties Realty )
Duluth GA Real Estate Market Report for December 2010   Active listings: 526 homes are available for sale in Duluth GA priced from $29,500 to $6,750,000. Pending sales: 90 homes are in escrow priced from $19,900 to $5,635,000. December sales: 66 homes sold in December 2010.  43 homes were non-distressed 23 homes were a foreclosure or short sale or 35% of the homes sold in December In December, 66 homes closed in Duluth Georgia. This is an increase of 6 units, as there were 60 homes that closed in December of 2009. The Average list price for the homes that closed in Duluth for December 2009 was $304,707. The Average list price for the homes that closed in Duluth for December 2010 was $309,495. The Average sales price for the homes that closed in Duluth for December 2009 was $283,774. The...
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By Mark Mitchell, Realtor, Johns Creek Georgia Homes
(Virtual Properties Realty )
Duluth GA Real Estate Market Report For November 2010   Active listings: 433 homes are available for sale in Duluth GA priced from $54,500 to $6,750,000. Pending sales: 86 homes are in escrow priced from $52,900 to $5,635,000. November sales: 47 homes sold in November 2010  32 homes were non-distressed 15 homes were a foreclosure or short sale or 32% of the homes sold in November   In November, 47 homes closed in Duluth Georgia. This is a decrease of 10 units, as there were 57 homes that closed in November of 2009. The Average list price for the homes that closed in Duluth for November 2009 was $276,967. The Average list price for the homes that closed in Duluth for November 2010 was $307,737. The Average sale price for the homes that closed in Duluth for November 2009 was $260,605. The...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia Preliminary stats for Duluth, October, 2010 indicated that there were 595 properties on the market. Overall, there is about an 11.7 month supply of properties.  Months of Inventory has been increasing for the last couple of months.  Sales in November were 54, compared to 65 a year earlier.  Don't forget, though, there was a tax credit slated to expire at the end of November last year that was spurring sales. In the Under $200k arena, there were 243 listings in Duluth, GA, with about a 10 month supply.  The Absorption Rate had gotten down into the high 4 month realm… and as recent as December, was in the low 5s.  In May, it was at 7.9 months and has been rising since, markedly in the last couple of months.  Sales for November were flat this year v last year (35). Bet...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image by lane.bailey via Flickr Some post titles tickle me a little more than others.  I have to say, I was fairly pleased with Duluth, Not Just for Minnesota Anymore... I wrote a little post about life in Duluth, GA.  I wrote about the history, a few developments and what types of shopping and recreation may be available nearby.  When I first moved to Georgia, 21 years ago, I lived in Duluth for a couple of years.  At that time, it was considered WAY out in the suburbs... but not so much anymore. Not, there are lots of companies that seek out Duluth as a place to locate their headquarters.  Aside from the nice area, there are convenient transportation arteries, loads of shopping and recreational opportunities, as well as a community and government that is supportive of business. Take ...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia Preliminary stats for Duluth, October, 2010 indicated that there were 589 properties on the market. Overall, there is about an 10.5 month supply of properties.  Months of Inventory has been increasing for the last couple of months.  Sales in October were 360, compared to 63 a year earlier.  Don't forget, though, there was a tax credit slated to expire at the end of November last year that was spurring sales. In the sub-$200k arena, there were 227 listings, with about a 9 month supply.  The Absorption Rate had gotten down into the high 4 month realm… and as recent as December, was in the low 5s.  In May, it was at 7.9 months and has been rising since, markedly in the last couple of months.  Sales for October were actually up this year v last year (35 v 30). Between $...
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By Mark Mitchell, Realtor, Johns Creek Georgia Homes
(Virtual Properties Realty )
Duluth GA Real Estate Market Report For October 2010    Active listings: 446 homes are available for sale in Duluth GA priced from $44,900 to $6,750,000. Pending sales: 92 homes are in escrow priced from $40,000 to $5,635,000. October sales: 47 homes sold in October 2010  28 homes were non-distressed 19 homes were foreclosure or short sale or 40.4% of the sold units  In October, 47 homes closed in Duluth Georgia. This is a decrease of 12 units from October 2009, as there were 59 homes that closed in October of 2009. The average list price for the homes that closed in Duluth for October of 2009 was $257,931. The average list price for the homes that closed in Duluth for October of 2010 was $181,617. The average sale price for the homes that closed in Duluth for October of 2009 was $245,4...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia Preliminary stats for Duluth, September, 2010 indicated that there were 588 properties on the market. Overall, there is about an 9.9 month supply of properties.  Months of Inventory has been increasing for the last couple of months.  Sales in September were 38, compared to 63 a year earlier. In the sub-$200k arena, there were 226 listings, with about a 10.6 month supply.  The Absorption Rate had gotten down into the high 4 month realm… and as recent as December, was in the low 5s.  In May, it was at 7.9 months and has been rising since, markedly in the last couple of months. Between $200k and $400k, there are 165 listings for sale, and about 9.2 months of supply.  Sales decreased from 17 in 2009 to 9 in 2010.  That is a big decrease compared to previous months.  Inv...
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By Mark Mitchell, Realtor, Johns Creek Georgia Homes
(Virtual Properties Realty )
Duluth GA Real Estate Market Report For September 2010   Active listings: 453 homes are available for sale in Duluth GA priced from $44,900 to $6,750,000. Pending sales: 88 homes are in escrow priced from $35,000 to $5,635,000. September sales: 30 homes sold in September 2010  20 homes were non-distressed 10 home was a foreclosure or short sale   In September, 30 homes closed in Duluth Georgia. This is a decrease of 28 units, as there were 58 homes that closed in September of 2009. The Average list price for the homes that closed in Duluth for September of 2009 was $232,236. The Average list price for the homes that closed in Duluth for September of 2010 was $348,373. The Average sale price for the homes that closed in Duluth for September of 2009 was $213,196. The Average sale price fo...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia 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 ho...
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By William M. "Mack" Perry
(RE/MAX Center)
Has anyone had any success with niche sites? I just launched a site for Duluth Real Estate and am hopeful that it does well. Any input would be welcome.
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By Mark Mitchell, Realtor, Johns Creek Georgia Homes
(Virtual Properties Realty )
Duluth GA Real Estate Market Report For August 2010 Active listings: 540 homes are available for sale in Duluth GA priced from $49,900 to $6,750,000. Pending sales: 85 homes are in escrow priced from $47,900 to $5,635,000. August sales: 55 homes sold in August 2010  35 homes were non-distressed 20 homes were foreclosures or short sales   In August, 55 homes closed in Duluth Georgia. This is a decrease of 4 units, as there were 59 homes that closed in August of 2009. The Average list price for the homes that closed in Duluth for August of 2009 was $328,961 The Average list price for the homes that closed in Duluth for August of 2010 was $318,529 The Average sale price for the homes that closed in Duluth for August of 2009 was $299,690 The Average sale price for the homes that closed in D...
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By Patsy Overton
(Patsy Overton Interiors, Atlanta, Georgia)
I Love Mentoring, But Where Are My Mentees? This Duluth, GA home stager has always enjoyed mentoring.  There's just something about bringing someone else along that feels good.  It's fun to have others look to me for the answers to their questions. I really am not a killer blogger.  I started on AR in 2008, then stopped, then started back.  I've learned a lot along the way and definitely know more now than I did two years ago, so I have been offering my help to friends who are interested in blogging on AR.  So far I've had three take me up on my offer.  I decided today to check up on them to see how things are going.  Case Study #1:  "Diane" is an agent I've known casually through her RE company for a couple of years.  Around the first of this year I ran into her at a social media semin...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
There are a few occupational hazards we real estate agents face… moldy foreclosures, rotted floors that we can fall through, angry undisclosed dogs, getting locked out of a house on the back deck 40′ off the ground (don’t ask).  But there is something even more dangerous… Houses we really like… really, really like.  Ones that we can afford… As a real estate agent, I look at a lot of houses.  Some of them are amazingly cool.  But, I’m not dropping half a million bucks on a house.  Those aren’t so dangerous…  Not to say that I don’t love the media rooms, pubs on the terrace level and the 10 car garages… especially the 10 car garages… but those aren’t that dangerous, because they are out of MY operating range. And then… So, I was out checking out some new cool garage homes in Gwinnett Coun...
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By Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR
(Maximum One Executive REALTORS®)
Duluth GA Homes for Sale Duluth GA is a wonderful place to buy a home. Duluth GA is a scenic, well landscaped and groomed area in the sought after area North Atlanta, The Duluth area straddles the Chattahoochee River, and lies in both Gwinnett and North Fulton Counties.  It has been known for years as the Country Club Corridor because the area is home to so many fine gated golf country Club Communities.  Why not consider luxury homes for sale in Duluth GA? Search All Duluth Georgia Real Estate Listings  »  Single Family Home in Duluth Georgia »  Condo / Townhome in Duluth Georgia »  Land Lot in Duluth Georgia »  Acreage / Farm in Duluth Georgia »  Multi-Family / Res. Income in Duluth Georgia »  Commercial in Duluth Georgia »  Rental - Residential in Duluth Georgia »  Rental - Commercial...
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By Tim Maitski, Truth, Excellence and a Good Deal
(Atlanta Communities Real Estate Brokerage)
I was looking over some foreclosure deals that closed this past week to examine the particulars.  It's always good to figure out what it took to get a good foreclosure deal. Some buyers who just started the game might think that they are in the driver's seat and banks will take whatever they offer.  But the banks aren't the issue.  It's other competitive buyers.  What are others willing to bid on some of these foreclosures? A beautiful foreclosed home in Sugarloaf Country club was listed:  List price June 9th: $799,900Tax assessment value:  $1,364,100Sold in 2003 for $1,325,000 It sold and closed in 23 days for $825,700 in cash. So much for no one having cash to buy luxury homes.  So much for a cash buyer being able to name their price.  People are paying more than list price for some n...
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By Deborah Weiner, "Your Journey To Home"
(REALTY ON MAIN)
The Ennfield Subdivision is located in the City of Duluth, Gwinnett County 30096, between Buford Highway and Duluth Highway, just east of Berkeley Lake. Most homes built in Ennfield between 1994 to 1998 and most have 3 to 4 bedrooms and 2 to 3 full bathrooms. Homes For Sale In Ennfield The average price for a home in Ennfield is between $140,000 to $250,000. The average selling price, at time of post, for a 3 bedroom / 2 full bathroom home, is $177,158.00. Schools At Time Of Post: Elem: HARRIS Middle: DULUTH High: DULUTH Home Owner Association Fees, at time of post, are $350.00 a year and include: Club House Playground Swimming Pool Street Lights Tennis Lighted Undergrnd Utilities More Neighborhood Homes For Sale In Duluth Streets in the Subdivision of Ennfield include Crossfield Way, E...
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By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
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 o...
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