Real Estate in Bonaire Georgia in October 2016
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Real Estate Market in Bonaire GA
The Real Estate Market in Bonaire GA in October 2016 was down slightly but that is not unusual for this time of the year. In this sellers market (4 months of available inventory), it is critical for buyers to be prompt with a firm offer if they find a property they want. With a plethora of consumers out looking, those that are able to quickly make a decision are reaping the rewards in this market right now.
The number of home sales (32) was down 29% from the previous month (45 sales) and slightly off the 12-month average (34 closings). In comparison, there were only 24 sales this time last year. With only 132 homes to pick from, both buyers and investors have limited choices in this community, especially if they are looking for new inventory.
The sales price to list price ratio remained decent this past month (despite 3 distressed homes closing), coming in at a solid 98.52%. That was a slight increase over the 12-month average of 98.38%. When sellers right price their home in the Bonaire GA real estate market, and keep it well maintained, they typically net a decent return!
The number of days-on-market for homes that sold (46 days) took a turn for the better this past month with several recently listed properties exchanging hands. The 12-month average is 70 days. As always, the Bonaire GA homes that are selling the quickest have several characteristics in common:
- They are well maintained
- Reasonably updated
- Clean and uncluttered
- Priced according to the current market conditions
Meet these conditions and your home has a very good opportunity to be seen and sold in the real estate market in Bonaire GA!
Follow the link for more details about home sales in Bonaire GA!
Your Bonaire Real Estate Specialist
When you are ready to buy or sell Bonaire real estate, let me put my experience and expertise to work for you...I stand ready to assist with all your Bonaire residential real estate needs and look forward to earning your trust and business.
For a complete list of available Bonaire real estate, visit http://sellingwarnerrobins.com or call me at (478) 960-8055 so we can discuss your housing needs.
Real Estate Sales in Bonaire GA in October 2016
Statistics represent ONLY available foreclosure single family homes, condos, and townhouses in Bonaire GA on the date posted. (Source: CGMLS). Information is deemed reliable, but not guaranteed.
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