September 2014 Market Report - Valdosta, GA

By
Real Estate Agent with ERA Joyner Realty 331464


Valdosta Home Prices

 

We have seen 6+ months of stablizing 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 9.54 months to deplete the existing number of listings currenly offered for sale. 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. Currently in this area of Valdosta, homes have a average time of 131 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Lower inventory areas in Valdosta occassionally have multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But, as inventory decreases over time this is one indicator that prices should continue to rise. 

 

 


Valdosta Real Estate Report Summary


The median sales price in August for single family homes in Valdosta is $125,000

 

Find Homes for Sale in Valdosta, GA

Visit my website to search for homes in Valdosta or to be notified when Valdosta homes come on the market.

To find out what you home is worth in the current market email me or call 229.834.0946.

 

Market Report September by Sales Price

 

 

September Market Report by Region

Posted by

If you are interested in BUYING or SELLING a home in Lowndes County or the surrounding area and want a professional consultation on current market conditions, please contact me at 229.834.0946  or e-mail me at janice.macmillan@mchsi.com or visit my website at  http://lowndescountyhomes.com

 

 

Janice MacMillan, Associate Broker

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Georgia Lowndes County Valdosta
Groups:
Market Reports
Tags:
valdosta
valdosta real estate
valdosta real estate market reports

Spam prevention
Show All Comments
Rainmaker
2,702,915
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Janise - Thanks for the helpful great stats on September 2014 market report Valdosta, Georgia.

Oct 04, 2014 03:19 AM #1
Rainmaker
214,466
Janice MacMillan
ERA Joyner Realty - Valdosta, GA
Associate Broker

You're welcome, John!

 

Oct 04, 2014 03:20 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
214,466

Janice MacMillan

Associate Broker
Want to know more about what Valdosta has to offer? Email me!
*
*
*
*
Spam prevention