In the past we have looked at the sales statistics for numerous subdivisions in the greater Atlanta area and in an effort to provide this useful information, Diamond Dwellings is pleased to provide the most recent Chateau Elan market report.
One of our goals at Diamond Dwellings Realty at Mill Creek is to provide Chateau Elan homeowners and potential buyers accurate information on the current real estate market.
We have compiled the following data for the Chateau Elan subdivision from the Atlanta FMLS listing system (some data may also be from Georgia MLS) as of August 19 2008.
Recap: We are still in a VERY competitive market and pricing, incentives and flexibility are key factors in getting homes sold. Our Team at Diamond Dwellings continues to be a market leader in the Chateau Elan area. We are your choice for all your real estate needs.
Current Homes listed for sale in Chateau Elan: 138 (118 in Gwinnett County / 20 in Barrow County)
Highest Price Home: $4,200,000 / 5143 Legends Drive
Lowest Price Home: $374,900 / 2635 Muskogee Lane
Average List Price: $1,01,873
July 2008 Chateau Elan Real Estate Sales: Three (3)
Highest Price Home: Sale Price: $945,000 / 1865 Tee Drive (Original Asking Price: $1,000,000)Lowest Price Home: Sale Price: $659,000 / 2274 Northern Oak Drive (Original Asking Price: $659,900)
Current Pending Chateau Real Estate Sales: 6
While the July sales are not what we’d hoped for in Chateau Elan — Or all of Gwinnett County, the activity level has picked up as compared to Q1′08 and we have seen an improvement in the “pending/under contract” homes that are scheduled to sell. If you or someone you know is waiting for the market to level out to find that “deal” now is probably the time to take a hard look at your purchase opportunities. Do not wait and miss the bottom.
If you would like additional listing information on any home in Chateau Elan call me at 678-279-4717. We will be happy to email a list of available homes for your review.
Comments are closed.