Buford, GA, Market Report, September 2010
By Lane Bailey, Realtor & Car Guy
(Century 21 Results Realty)
Image via Wikipedia Market stats for Buford, GA, September, 2010 indicate that there were 612 properties on the market. Overall, there was about an 14.3 month supply of properties. Sales were down radically in July (19 v 71 for 2009), but August was back in the realm (57 v 61 for 2009). September was slightly below last year (52 v 60 for 2009). But the magic has been a little underwhelming since June. In the sub-$200k arena, there were 316 listings, with a 11.9 month supply. Sales for July were down by 70%. There was actually one extra sale for August, but two less in September. May was the best absorption rate of the year, and it has been going downhill ever since. Between $200k and $400k, there were 233 listings for sale, and about 17.1 months of supply. Again, July was the d...
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