Bonaire GA 31005 Real Estate Market - Feb 2013
The Bonaire GA 31005 Real Estate Market in Feb 2013 is currently slanted towards buyers with 9 months of inventory for consumers to choose from.
Buyers looking for Bonaire real estate can use this report to track trends over the past 3 months and review the active listings, pending sales, and overall sales during the last 90 days.
Both buyers and sellers can also use this information to determine how the Bonaire GA 31005 real estate market is currently performing and what they can expect from this community in the upcoming months.
Active Listings in Bonaire GA 31005
There are plenty of active listings in Bonaire GA 31005 right now, as you would expect in a buyers market. Last month there were increases in the total number of listings (up 11% to 151 homes), standard homes for sale (136 - a 10% rise), and foreclosures (14 total properties, up 14%).
Sellers who were waiting for prices to start going up will have to wait a bit longer as foreclosure properties continue to dilute the Bonaire real estate market. As a reminder, foreclosures are lender owned properties.
Fortunately, the number of short sales (homeowner owned but attempting to sell for less than is owed, with lender approval) remained very low in this community over the last 3 months.
Pending Sales in Bonaire GA 31005
The pending sales in Bonaire GA 31005 remained on-pace with January's strong showing, which is a good indicator that buyers are finding the available inventory to their liking. With so many Bonaire GA pending sales, a decent spring season is expected.
Comforting is the fact that buyers continue to purchase and remove foreclosures from the Bonaire real estate market. Now is the ideal time for investors to join this market and pickup a real estate bargain!
Home Sales in Bonaire GA 31005
Home sales in Bonaire GA 31005 remained static over the last 90 days with nearly identical total sales each month. For a change, it was good to see the majority of sales coming from standard listings.
The highest priced sale last month in this buyers market was $334,900 and the lowest sale came in at $57,000.
How do both buyers and sellers gain an advantage in the Bonaire real estate market? Employ the services of a local Bonaire real estate agent who knows and understands the Bonaire real estate market.
Bonaire Real Estate Report Summary
Overall, the February 2013 Bonaire real estate averages and totals are as follows:
- Avg Sales Price: $211,576 (Up over Jan 2013, $188,731)
- # of Monthly Sales: 17 (Down from Jan 2013, 18)
- Avg Days-On-Market, Sold Homes: 113 (Down from Jan 2013, 87)
- Avg SP/LP Ratio: 96.91% (Down from Jan 2013, 99.10%)
- Highest Priced Listing: $520,000
- Lowest Priced Listing: $19,900 (Foreclosure)
- Largest Home on the Market: 5,277 sq ft
- Smallest Home on the Market: 1,204 sq ft
- Median Price of Available Homes: $197,900
Homes for Sale in Bonaire GA
For a complete list of available Bonaire Real Estate, visit Homes for Sale in Bonaire GA. Subscribe to my newsletter so you get notified as soon as homes for sale in Bonaire GA hit the market.
As always, call me at (478) 960-8055 to find out what your Bonaire GA home is worth or to discuss your housing needs.
Statistics represent homes and condos/townhouses for sale in Bonaire Georgia (Source: CGMLS). Information is deemed reliable, but not guaranteed.
Bonaire GA Real Estate Market Report, February 2013
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