One of our goals at Diamond Dwellings Realty at Mill Creek is to provide Hamilton Mill homeowners accurate information on the current real estate market in our Home Town.
We have compiled the following data for the Hamilton Mill Subdivision from the Atlanta FMLS listing system (some data may also be from Georgia MLS) as of September 2, 2008. These are the current active and sales data for the month of August 2008.
Recap: The market has taken a turn in our opinion and is starting to show signs of life even as we head into fall and the start of school. This is good news for both homeowners and agents in and around the Hamilton Mill subdivision.
Our Team at Diamond Dwellings continues to be the market leader in both closings and pending sales. We are your choice for all your real estate needs.
Current Homes listed for sale in Hamilton Mill: 107 (Down from 118 as of August 4, 2008)
Highest Price Home: $1,250,000 / 2048 Bakers Mill Road (New Construction)
Lowest Price Home: $190,000 / Lake Heights Circle
Average List Price: $410,973 – Up $3,000 over August
August 2008 Hamilton Mill Real Estate Sales: 6 (same as May and June 2008)
Diamond Dwellings Realty Participated in 50% of these closed sales. Market leader in this area again for the FIFTH month in a row.
Highest Price Home: Sale Price: $650,000 / 2993 Cambridge Hill Drive (Original Asking Price: $798,800)
Lowest Price Home: Sale Price: $290,000 / 3339 Sanborne Terrace (Original Asking Price: $309,900)
Current Pending Hamilton Mill Real Estate Sales: 9 (Same as July)
While the August sales are not what we’d hoped for in Hamilton Mill — 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 Hamilton Mill email us at mhermes@diamonddwellings.com or call me at 678-279-4717. We will be happy to email a list of available homes for your review.
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