Statistics for single family detached homes in the North Fulton County real estate market for the month of January 2009 are in. North Fulton County is divided into two different areas and we will examine each area and then look at North Fulton County as a whole.

Area 13

Area 13 is the section of the county that is West of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta and Roswell. In the resale segment of the market there were 47 properties ranging in price from $139,900 to $1,350,000 that went under contract and 11 properties that closed ranging in price from $55,000 to $596,000. In the new construction segment of the market 2 properties went under contract ranging in price from $679,900 to $779,900 and 2 properties that closed ranging in price from $772,500 to $1,350,000.

Area 14

Area 14 is the section of the county that is East of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta, Duluth, Johns Creek and Roswell. In the resale segment of the market there were 47 properties ranging in price from $128,900 to $775,000 that went under contract and 7 properties that closed ranging in price from $158,900 to $420,000. In the new construction segment of the market 4 properties went under contract ranging in price from $307,172 to $799,900 and 2 properties closed ranging in price from $442,000 to $619,900.

North Fulton County Summary

For the month of January 2009, real estate sales for single family detached homes in North Fulton County looked like this:
•    94 Resale Properties Went Under Contract
•    18 Resale Properties Closed
•     6 New Construction Properties Went Under Contract
•     4  New Construction properties Closed

The resale segment of the North Fulton County Real Estate market is providing the catalyst for the recovery in this area. Compared to December of 2008 resale properties going under contract in North Fulton County increased by 80.76 percent. Hopefully this trend will continue and the entire Greater Atlanta Market will soon flourish and stimulate the economy in our great metropolitan area.

Statistics for single family detached homes in the North Fulton County real estate market for the month of December 2008 are in. North Fulton County is divided into two different areas and we will examine each area and then look at North Fulton County as a whole.

Area 13

Area 13 is the section of the county that is West of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta and Roswell. In the resale segment of the market there were 24 properties ranging in price from $89,900 to $1,995,000 that went under contract and 9 properties that closed ranging in price from $89,900 to $640,000. In the new construction segment of the market 2 properties went under contract ranging in price from $696,000 to $745,250 and 6 properties that closed ranging in price from $635,000 to $1,512,000.

Area 14

Area 14 is the section of the county that is East of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta, Duluth, Johns Creek and Roswell. In the resale segment of the market there were 28 properties ranging in price from $18,000 to $699,900 that went under contract and 20 properties that closed ranging in price from $170,000 to $1,780,000. In the new construction segment of the market 6 properties went under contract ranging in price from $309,995 to $994,900 and 1 property closed at $393,000.

North Fulton County Summary

For the month of December 2008, real estate sales for single family detached homes in North Fulton County looked like this:
•    52 Resale Properties Went Under Contract
•    29 Resale Properties Closed
•     8 New Construction Properties Went Under Contract
•     7  New Construction properties Closed

Comparing the data from the last 2 months with the data from December, the North Fulton County market seems to be holding it’s own. The number of properties going under contract was down while the number of actual closings was up both for resale and new construction homes.

Statistics for single family detached homes in the North Fulton County real estate market for the month of November 2008 are in. North Fulton County is divided into two different areas and we will examine each area and then look at North Fulton County as a whole.

Area 13

Area 13 is the section of the county that is West of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta and Roswell. In the resale segment of the market there were 30 properties ranging in price from $71,400 to $1,750,000 that went under contract and 14 properties that closed ranging in price from $68,250 to $1,375,000. In the new construction segment of the market 7 properties went under contract ranging in price from $389,900 to $859,000 and 1 property closed at $515,000.

Area 14

Area 14 is the section of the county that is East of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta, Duluth, Johns Creek and Roswell. In the resale segment of the market there were 62 properties ranging in price from $129,900 to $1,599,900 that went under contract and 12 properties that closed ranging in price from $186,000 to $765,000. In the new construction segment of the market 8 properties went under contract ranging in price from $327,535 to $1,150,000 and 1 property closed at $370,995.

North Fulton County Summary

For the month of October 2008, real estate sales for single family detached homes in North Fulton County looked like this:
•    92 Resale Properties Went Under Contract
•    26 Resale Properties Closed
•    15 New Construction Properties Went Under Contract
•     2  New Construction properties Closed

Compared to the data from October 2008, the North Fulton Market is inching it’s way toward recovery. For Resale Properties there were 20 more properties that went under contract and 6 more properties that closed. For New Construction, there were 2 fewer properties that went under contract with the same number of closings. Taking into account the Thanksgiving Holiday along with the beginning of holiday shopping, these numbers look inviting.

Statistics for single family detached homes in the North Fulton County real estate market for the month of October 2008 are in. North Fulton County is divided into two different areas and we will examine each area and then look at North Fulton County as a whole.

Area 13

Area 13 is the section of the county that is West of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta and Roswell. In the resale segment of the market there were 39 properties ranging in price from $126,000 to $1,950,000 that went under contract and 11 properties that closed ranging in price from $203,000 to $725,000. In the new construction segment of the market 6 properties went under contract ranging in price from $225,000 to $1,398,000 and 2 properties closed ranging in price from $910,500 to $3,250,000.

Area 14

Area 14 is the section of the county that is East of Ga. 400 and North of Chattahoochee River to the County lines and includes addresses from Alpharetta, Duluth, Johns Creek and Roswell. In the resale segment of the market there were 33 properties ranging in price from $157,757 to $2,900,000 that went under contract and 9 properties that closed ranging in price from $180,000 to $744,500. In the new construction segment of the market 7 properties went under contract ranging in price from $299,280 to $1,288,000 and there were no properties in Area 14 that closed in this category.

North Fulton County Summary

For the month of October 2008, real estate sales for single family detached homes in North Fulton County looked like this:
• 72 Resale Properties Went Under Contract
• 20 Resale Properties Closed
• 13 New Construction Properties Went Under Contract
• 2 New Construction properties Closed

I think we will all agree that with the number of properties that went under contract in the month of October we can expect the number of closings in the next few months to increase substantially. Actually this situation is prevalent throughout much out the of the Atlanta Real Estate market.