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October 2014 Market Report
Valdosta Home Prices  
We have seen 6+ months of stabilizing home prices in Valdosta and expect things to continue to pick up.  If no new listings came on the market it is estimated that it would take 11.93 months to deplete the existing number of listings currently offered for sale. Inventory has increased slightly from last month giving us a slight increase in the absorption rate. If you are considering buying a home you can still find deals on a house in Valdosta but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Valdosta home on which you are making an offer.
If you are interested in how much current inventory is on the market in Valdosta you can obtain that information by clicking on the link and contacting me. High inventory will suggest that homes are sitting on the market for longer. ... more

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