Real Estate Market in Warner Robins Georgia 31088, December 2012
The real estate market in Warner Robins Georgia 31088 was disappointing in both December 2012 and the entire year. While other markets in Houston County were thriving this market was unable to gain any momentum. I am guardedly optimistic 2013 will see improved numbers and a strong recovery.
Warner Robins GA Home Sales
In December 2012, there were 38 home sales in Warner Robins GA, with an average sales price over $143K, and a sales price to list price ratio of 97.03%. How does that compare to December 2011? The average sales price was $8K less in December 2012, sales were down 21%, but the average days on market was 32% better than during the same time-frame in 2011. Lower end inventory was the name of the game in 2012.
How can both buyers and sellers gain an advantage in the Warner Robins GA Real Estate market? Employ the services of a local Warner Robins Real Estate Agent who knows and understands the local market.
Warner Robins Real Estate Report Summary
Currently, the Warner Robins real estate market is a buyers market with over 9 months of available inventory (347 properties) to choose from. Overall, the 2012 Warner Robins real estate market, as compared to 2011, is as follows:
- Number of Sales: 496 (Down from 2011, 542)
- Avg Sales Price: $146,304 (Down from 2011, $154,355)
- Avg Days-On-Market, Sold Homes: 97 (Improved over 2011, 105)
- Avg SP/LP Ratio: 97.17 (Down over 2011, 97.56%)
- Currently: 382 Homes are Available
Despite a the market dip in 2012, there is optimism the market will rebound with a strong 2013, showing positive signs of real estate recovery.
Search Homes for Sale in Warner Robins GA
For a complete list of available Warner Robins Real Estate, visit Homes for Sale in Warner Robins GA. Make sure to subscribe to my newsletter so you do not miss another deal.
Call me at (478) 960-8055 to find out what your Warner Robins GA home is worth in today's market.
Statistics represent non-foreclosure single family homes and townhouses in Perry GA (Source: CGMLS). Information is deemed reliable, but not guaranteed.
Real Estate Market in Warner Robins Georgia 31088, December 2012
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