, I covered the hot part of the market, the homes priced at $75,000 to $110,000 in Lilburn. Although this part of the market continues to be hot, what does the rest of the market look like? If I don't fall into that bracket, can I still sell my home? The answer is yes.
There are many buyers looking to purchase in all different price points. Just this week, I have had buyers looking that range from $75,000 to up to $800,000. With interest rates being so low, we are seeing folks looking in many different price points. This also indicates that more inventory is needed at all price points.
Check out some of the stats below.
Homes sold to date in August: 11
Average days on the market: 97
Average Price: $158,904
High Price: $396,000
Low Price: $63,850
Under contract: 16
Average Under Contract Price: $127,790
Sweet Spot (up to $124,000): 18 out of 27 under contract/sold combined listings
Homes sold to date in August:12
Average days on the market: 68
Average Price: $78,517
High Price: $165,000
Low Price: $35,000
Under contract: 19
Average Under Contract Price: $70,189
Sweet Spot (up to $124,000): 28 out of 31 under contract/sold combined listings
Deals of the Week
Meadowcreek Foreclosure: This is a must see. Nice home for a great price.
Parkview Beauty: Check it out! This is a brick masterpiece! Foreclosure.