In studying the sales statistics for the last six months on homes from $190,000 to $600,000 in North Henry County, the following information was determined:
A total of 20 homes were sold in this time period. There are 21 currently on the market, 12 expired without selling, and 3 are under contract. Twenty sold with 21 available means there is approximately a 6 month's supply of inventory assuming sales continue at the same rate.
Hambrick Creek on Old Conyers Road sold 6 houses, the most of any subdivision.
The highest sold price was $405,000 in Chapel Ridge and the lowest was $205,000. Nine were definite foreclosures or short sales with several more likely.
Average days on market was 209 days. Average sales price was $284,771, and sales price to list price ratio was 92%.
Neighborhoods studied were James Crossing, Hambrick Creek, Summit at Scarborough, Regents Park, Ivey Estates, Hidden Valley Estates, Chapel Hill, Crown Chase, Crown Ridge, Noorwood, and Chapel Ridge.
If you need further information, please contact me:
Marsha Cash
RE/MAX Advantage
770 351 7755
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