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Real Estate Market in Kathleen GA 31047 - March 2013

By
Real Estate Agent with Coldwell Banker Access Realty ~ 478.960.8055 anitaclark160@gmail.com

The Real Estate Market in Kathleen GA 31047 is currently balanced with just over 6 months of available inventory for consumers to check out.  

This months report gives a preview of the number of Kathleen Georgia active listings, pending sales, and overall sales over the last 90 days. 

It also further breaks down the overall March 2013 market, providing both buyers and sellers in the Kathleen real estate market a synopsis of how the market is currently performing, and what they can expect in the near term in this community.


Active Listings in Kathleen GA 31047

It was nice to see the number of active listings in Kathleen GA 31047 go up 15% in March...fresh inventory is always a great way to pique buyer interest!  As always, sellers who keep their house well maintained and price according to the current market conditions have the best opportunity to sell their home.

Good news once again as foreclosures in Kathleen GA make up only 3.9% of the market and have remained in single digits for several months.  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)) have remained consistently low (2 available) over the last quarter.

Active Listings in Kathleen GA 31047 - March 2013 


Pending Sales in Kathleen GA 31047

The number of  Kathleen GA 31047 pending sales took a slight dip from February but no reason for alarm as that was offset by both new listings and closed homes.  Spring is here and there is every expectation that the number of pending properties will rise.  As always, provide serious buyers a reason to purchase and they will!

Foreclosures continue to sell in Kathleen GA, although there was a downturn in pending sales in March.  Investors looking for a Kathleen GA home bargain need to be reviewing available distressed properties in this market!

Pending Sales in Kathleen GA 31047 - March 2013 


Home Sales in Kathleen GA 31047

Home sales in Kathleen GA 31047 jumped up 28% in March as closings reached a frenzy.  More good news as distressed homes continued to sell, leaving few foreclosure options for interested buyers.

The highest priced sale last month was $490,000 and the lowest was $111,000.

How can both buyers and sellers gain an advantage in the Kathleen real estate market?  Employ the services of a local Kathleen real estate agent who knows and understands the Kathleen real estate market.

Home Sales in Kathleen GA 31047 - March 2013 


Kathleen Real Estate Report

Currently, the Kathleen real estate market is balanced (meaning it does not favor buyers or sellers) with 6 months worth of homes on the market.  Overall, the February 2013 Kathleen real estate averages and totals are as follows:

  • Avg Sales Price: $192,249   (Up from Feb 2013, $186,940)
  • Number of  Sales: 18   (Up over Feb 2013, 13)
  • Avg Days-On-Market, Sold Homes: 129   (Down from Feb 2013, 81)
  • Avg SP/LP Ratio: 95.52    (Down from Feb 2013, 97.71%)
  • Highest Priced Listing: $1,399,900
  • Lowest Priced Listing: $134,900
  • Largest Home on the Market: 7,901 sq ft
  • Smallest Home on the Market: 1,452 sq ft
  • Median Price of Available Homes: $212,000

Houses for Sale in Kathleen GA

For a complete list of available real estate in Kathleen GA, visit .  Make sure and subscribe to my newsletter so you get notified as soon as houses for sale in Kathleen GA hit the market.

Call me at (478) 960-8055 to find out what your Kathleen home is worth or to discuss your housing needs.


Statistics represent houses and condos/townhouses for sale in Kathleen GA (Source: CGMLS).  Information is deemed reliable, but not guaranteed.

Real Estate Market in Kathleen GA 31047, March 2013

 

 

Comments (5)

Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro
Anita ....your clients have to love your market reports ...they are the best! Have a great night!
Apr 13, 2013 11:42 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Thanks Rob...working on providing a format they like and can use.

Apr 13, 2013 12:30 PM
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Very nice market report on Kathleen, GA, Anita. We are running through our inventory right now.

Apr 13, 2013 09:07 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Anita, this is valuable information for any one looking at the Kathleen GA real estate market.

Apr 13, 2013 09:11 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Toni...if we do not see a few more months of increased new inventory in this market it could easily slip into a sellers market.

Thanks Gabe...working hard at providing quality information my Kathleen ga real estate consumers can use.

Apr 13, 2013 09:43 PM