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Community Corner

Area Snapshot - Inside the August Numbers

A deeper look into the numbers for Snellville home sales.

Last week, Snellville Patch covered the hot part of the market, the $75K-110K priced homes.  While this part of the market continues to be hot, what does the rest of the market look like? If you don't fall into that bracket, can you still sell your home?

The answer is yes. 

There are many buyers looking to purchase in all different price points. Just this week, I have had buyers searching for homes from $75K up through $800K. With interest rates being so low, we are seeing folks looking in many different price points. Check out some of the stats below.

Find out what's happening in Snellvillewith free, real-time updates from Patch.

Snapshot: Brookwood
Homes sold to date in August: 14

Average days on the market: 52

Find out what's happening in Snellvillewith free, real-time updates from Patch.

Average Price: $138,738

High Price: $261,000

Low Price: $64,150

Under contract: 30

Average Under Contract Price: $141,667

Sweet Spot (up to 124K): 26 out of 44 under contract/sold combined listings

Snapshot: South Gwinnett
Homes sold to date in August: 23

Average days on the market: 62

Average Price: $100,072

High Price: $167,500

Low Price: $40,000

Under contract: 42

Avg Under Contract Price: $110,017

Sweet Spot (up to 124K): 45 out of 65 under contract/sold combined listings

Deals of the Week
Brookwood Sweet Spot: Nice home for a great price. Foreclosure.
South Gwinnett Short: Walk to the park and library from this home. Pre-foreclosure
Shiloh Beauty: A lot of house for the money. Foreclosure.

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