New Monthly Feature
Forsyth County, North Fulton and
West Gwinnett Real Estate Report.

Homes in Forsyth County saw the annual average sale price remain relatively flat from $306,987 in October 2006 to $305,678, in October 2007. That is consistent with home sale prices throughout the entire metro Atlanta area, which decreased only 0.3% from October 2006 to October 2007. Average home values in North Fulton dropped from $407,967 in October 2006 to $389,043 in October 2007 a 5% decrease, while West Gwinnett also saw an annual average home value decrease from $289,502 in October 2006 to $284,674 in October 2007 a decrease of 2%.

Actual home sales in Forsyth County dropped 27% compared to October 2006, which is 4% better than the metro Atlanta real estate sales. North Fulton home sales dropped 28% while West Gwinnett home sales dropped only 2% over the same time last year.

New home builders made a come back by offering significant price reductions in October. In Forsyth County new home inventory dropped from last month of 13.6 months of new home inventory to this month of 9.6 months of new home inventory. The average selling time increased from of 133 days to 144 days. Resale home inventory in Forsyth County went from of 9.4 months of resale home inventory last month to 9.6 months of resale home inventory this month with an average selling time of 69.3 days last month compared to 70.4 days this month. North Fulton new home inventory increased from 18 months of new home inventory last month to 19.9 months of new home inventory this month with an average selling time changing from 153 days to 156 days. Resale homes inventory in North Fulton went from 7.05 months of resale home inventory last month to 7.15 this months with an average selling time of 104 days. 

The doom and gloom data for residential real estate and the negative media real estate hype just does not match the real estate market conditions in Forsyth County, North Fulton and West Gwinnett. If you would like to receive and in-depth analysis of the Forsyth County, North Fulton and West Gwinnett real estate market, including an analysis by price range (the numbers vary significantly based on price range) call our pre-recorded toll free order hotline at  877-411-9264 ID # 1625 or you can order it only line at www.ATLMLSdata.com.

 Alpha Team Realty is centrally located in Forsyth County, just north of the Fulton County line east of GA-400 in Alpharetta. We strategically established our office at this location so we can effectively serve our primary real estate market and clients in North Fulton, Forsyth County and West Gwinnett.

To clearly demonstrate our expertise in this area, last month we published a reprinted newspaper article with “independently verified numbers” that compared our sales performance to the top 6 selling real estate agents (by number of sales) in Forsyth County, North Fulton and West Gwinnett over a 12-month time frame covering Forsyth County, North Fulton and West Gwinnett. The information showed;

* Not one of the top 6 agents out performed David Gibbard’s sales results in any category. 

If you would like to receive a free copy of this “independently verified” sales performance report please call our toll free pre-recorded information order line at 877-411-9264 ID # 1605 or you can order it online at www.ATLAgentResults.com.