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CHEROKEE COUNTY GEORGIA REAL ESTATE REPORT FOR THE MONTH OF MARCH

By
Real Estate Agent with Keffer Realty

Here is your monthly real estate report for the month of March for Cherokee county.  Cherokee is a pretty small county which we love so much.  Properties average days on the market is 92 days. We have 159 properties sold and 267 pending.  That leaves 318 properties remain to be sold!  Again we have to ask the questions are all these properties priced right?   Meaning, to sell at a competitive price?  If you are a home owner and planning to put your home up for sale, price your house accordingly, call a knowledgeable Realtor, who can help you sell your home in the least amount of time and the most profit attainable.

 

Monthly Activity Report: 3-2008

Property Type: Residential

AreaProp TypeNewAvg LPPendingAvg LPSoldAvg SP%SP/OLPAvg DOM
111RES78$279,55924$262,16117$197,45694.78%91
112RES305$283,708108$238,44563$211,98596.26%95
113RES311$345,841122$274,21472$231,50896.25%117
114RES50$422,38813$227,2737$234,81496.64%68
  744$332,874 $250,523159$218,94095.98%92

 

If you are ever in the market to sell or purchase real estate please don't hesitate to give me a call.  Lorinda Ward 678-683-8388.

 

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If you or anyone you know are in the market to purchase or sell real estate, contact me, I will be happy to assist.  Facing foreclosure and looking for help, contact me, we can talk in confidence, I may be able to help.  Don't let another day go buy with out weighing your options.  www.thebesthomesinva.com

 

Keffer Realty 

Cell:  757-748-2194
Fax:  757-512-8953

Comments(4)

Debbie Malone
Londeree's Real Estate & Property Management - Lynchburg, VA
From Lynchburg To The Lake (434) 546-0369
Hi Lorinda, those look like good numbers to me. We average sales around 96-97% of asking price, your days on market are great too. Hope you're doing well.
Apr 16, 2008 01:30 PM
Greg Hampton
Re/Max Around The Mountains - Blue Ridge, GA
North Georgia Mountain Property,Blue Rid
I live 50 miles to the north,and the numbers are about the same.
Apr 16, 2008 01:30 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection
Lorinda - Good advice, home sellers need to price their home competitively or else it will just sit.  Your DOM is not bad it is much higher in many places.
Apr 16, 2008 01:39 PM
Mary McCleskey & Michelle Gumeny
Assist-2-Sell, Home Buyers & Sellers Realty, Inc. - Acworth, GA
Did you see the newspaper artice about the rise of foreclosures in Cherokee County? They were up last month over 100% compared to February. We still have too much New Construction. They need to stop building for several years. People just can't sell their homes in a reasonable time frame when they are competing with all the new construction, its so sad. The county better get their act together or this problem is not going to get any better for a long time. Nice post, great information.
Apr 16, 2008 02:15 PM