Market Snapshot- Ivey Pointe S/D in Lawrenceville
by Craig Miller on Apr.08, 2008, under All Posts, Local
By Craig Miller
Published on: April 8, 2008
This market snapshot of Ivey Pointe Subdivision is an example of what foreclosures can do to a community’s housing values. The market data was collected April 8, 2008 from FMLS Atlanta. Ivey Pointe S/D is located in the city of Lawrenceville which is Gwinnett County’s City Hall, northeast of Atlanta.
The Data:
The average sales price in Ivey Pointe is currently $153,199. Four houses have sold in 2008. Out of the four that sold, were two foreclosures(f) and one short-sale(ss). Cost of homes were $124,000(f), $154,000(ss), $155,000(f), & $179,796 which ranged, in size, from 3 bedroom / 2 bath to 5 bedroom / 2.5 bath.
Currently, 12 houses are for sale, 1 is a foreclosure and 1 short-sale. The active listings range from $148,497 – $215,000, and from many 3 bedroom / 2.5 bath houses to a 6 bedroom / 3.5 bath house with a basement, respectively. Average listing price is $178,741 for Ivey Pointe S/D.
On a side note, 6 of the 12 active listings are 2 story with 3 bedrooms and 2.5 baths on a slab. Those 6 common houses range in price from $155,000 – $184,900 with an average at $171,450.
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3 Comments for this entry
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