RealtyCaffeine

Local Stats – not the market it was…

Just wanted to share some info that I find interesting. As a buyer or a seller, we all want to see a healthy market and I have to say we seem to be moving that way. I have lots more stats but for now here are some interesting points.

Gwinnett Co. over the last 24 months. See the pattern?? There are fewer houses on the market. A lot fewer.

For Sale – Last 24 Months – Gwinnett

This one shows how many are under contract. The trend here is up. A lot. That means higher demand. You can click on it for details.

Total Under Contract in Last 24 Months – Gwinnett

This one shows the number of months of inventory we have. It is dropping dramatically.

Months of inventory Gwinnett

Supply and demand work. It is a basic principle and it says we are coming back. I know some would raise the specter of the Shadow Inventory but go back to my article on that about a month ago. Real estate is a local story and our story is not what you see on the national news.

I will be sharing more but wanted to get something in front of you to chew on. The average price/sqft is up, the number of days-on-market is down, inventory has plummeted and buyers have flooded the marketplace!!

It is now the time to sell if you have been considering that at all. It is a sellers market!! Really.

Call me if you have questions.

Thanks for listening,

Jerry Robertson | Associate Broker
Keller Williams Realty | Atlanta Partners
678-231-1578 Cell 678-935-1342 FAX

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