Bonaire GA 31005 Real Estate Market - April 2013
This report provides a snapshot of the Bonaire GA 31005 Real Estate Market and provides a brief overview of the active listings, pending sales, and overall sales for the last 90 days.
Also provided is a quick review of the April 2013 market with an overview of current market conditions and expectations as we continue through the spring season.
Active Listings in Bonaire GA 31005
This quarter has seen a slow decline in the overall number of active listings in Bonaire GA 31005, making buyers anxious as new inventory is slow to materialize. Currently, there are just over 4 months worth of inventory available, making Bonaire GA a sellers market.
April saw another decrease in the number of foreclosures hitting the market (down 33%) from March. As a reminder, foreclosures are lender owned properties. Short sales remained the same with 1 new property entering the market this past month. Short sales are homeowner owned properties where they are attempting to sell for less than is owed (with lender approval).
With inventory dropping, prospective sellers should be lining up to enter this market as buyers are ready to see fresh homes, making it an excellent opportunity to get your home listed and sold quickly.
Pending Sales in Bonaire GA 31005
The pending sales in Bonaire GA 31005 were up for the third straight month, which bodes well for the spring market. It is good to see new buyers finding homes in the Bonaire real estate market inspite of the slimming inventory.
It is also good to see buyers helping take foreclosures off the Bonaire real estate market. Now is the perfect 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 in April remained UP as inventory continued to change hands.
The Bonaire real estate market is currently a sellers market with 4+ months of available inventory to choose from. The highest priced sale last month was $400,000 and the lowest was $78,000.
How can 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 Summary
This Bonaire real estate summary provides a snapshot of the March 2013 market. Included are monthly averages and totals.
- Avg Sales Price: $175,165 (Up)
- Number of Monthly Sales: 32 (Up)
- Avg Days-On-Market, Sold Homes: 89 (Down)
- Avg SP/LP Ratio: 98.97% (Up)
- Highest Priced Listing: $579,000
- Lowest Priced Listing: $69,000
- Largest Home on the Market: 5,384 sq ft
- Smallest Home on the Market: 1,168 sq ft
- Median Price of Available Homes: $210,950
Homes for Sale in Bonaire Georgia
For a complete list of available Bonaire Real Estate, visit Homes for Sale in Bonaire Georgia. Subscribe to my newsletter so you get notified as soon as homes for sale in Bonaire Georgia 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.
Bonaire GA 31005 Real Estate Market - Apr 2013
Statistics represent homes and condos/townhouses for sale in Bonaire Georgia (Source: CGMLS). Information is deemed reliable, but not guaranteed.
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