This seems to be a common theme. Prices are up again. The median price of homes, that is the price where nearly half of the homes sold for, is up 7.6% over 2011's third quarter.
The average median price is up to $186,100.
Many areas are seeing housing shortages, including right here in our backyard. The shortage may lead to inflated prices, given that total home sales are up 10.3% when compared to the third quarter last year.
Where does Snellville compare? Let's see:
Inside the Numbers of 2012
Average price for a home in Snellville: $107, 792 for 2012 (so far)
Average days on the market: 80
Most expensive home sold: $530,000
Brookwood Schools: on an 8.83 acre lot in Brookwood
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