Dacula Real Estate Stats for January 2012

January historically is a slow month for real estate and this year didn't deviate from that trend.There's lots of different factors that contribute to this fact but to try and narrow it to one or two things is hard. Real estate is very local so what is happening in one area of the county could be just the opposite from the other. That being said, don't let the following statistics for the Dacula area be discouraging. It's still a great time to buy real estate! Interest rates continue to stay low and there are some great deals on the market.


This chart shows new listings in the 30019 zip code for Jan 2011 and Jan 2012. You can see there's a slight decline (2.2%) from Jan 2011 but it's up from 65 units in Dec 2011 to 90 units in Jan 2012. More inventory means more choices!

This graph shows the number of closed listings for Jan 2012. It's up 40% to 35 units from Jan 2011 but down 8 units from Dec 2011. A slight decline in closed units but expected this time of year.

The average sales price in 30019 declined slightly from Dec 2011 to Jan 2012 but was only down 1% from Jan 2011. Once again, the media has everyone believing prices are declining drastically everywhere in Metro Atlanta but this is not the case. Remember, real estate is local.

This last graph shows "average days on market". This is across all price points in 30019 and shows a sharp decline from Dec 2011 (148 days) to Jan 2012 (107 days). That was also down over 30% from Jan 2011. What does this mean for buyers? It means you can't wait too long to make a decision on that perfect house. And for sellers? You're listening to your Realtor and pricing correctly!

If you need some help deciphering these numbers are want more detailed numbers for your neighborhood, give me a call or email steverider1@gmail.com. I'm always happy to help!


www.SteveSellsGwinnett.com Steve Rider, CDPE Realtor with Keller Williams Lanier Partners in Braselton Georgia. Covering Barrow, Jackson, Gwinnett and Hall Counties in Northeast Georgia. If you're looking for real estate in Gwinnett County please contact me at 404 663 7063 or steverider1@gmail.com.