Sale Stats for Morningview

Sales Stats from January 1, 2008 through August 30, 2008

Sold

Days on Market               % of Asking Price           Sales Price

         335                                 100%                     390,000.00           High

          88                                  96.62%                   313,071.42         Average

          7                                      83%                     210,000.00           Low

Thirty five homes have sold in Morningview in an 8 months period with an average of 30-40 homes on the market at any given time.  This means there is about an 8-9 month inventory of homes which is less than many areas in Gwinnett County and Metro Atlanta.  Although home values have decreased in this housing slump, they have held value at a higher rate than most areas.  Suwanee being a great city to live in and our excellent schools, and the many amenities Morningview have to offer, makes Morningview a great place to buy and an easier sell than many areas.