Real Estate Market in Centerville GA in October 2014
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Real Estate Market in Centerville GA
The bubble burst in the Real Estate Market in Centerville GA in October 2014, at least temporarily. Buyers were certainly out looking but found homes in other communites more to their liking this last month which left this market to deal with the fallout. With plenty of available inventory (11+ months), buyers and investors have the upper hand and can afford to take their time.
Despite the low sales (only 4 homes) the average sales price went way up. In fact it came in $67K over the 12-month average which was great news. Taken as a positive, it was good to see that all 4 sales were distressed properties which took more foreclosures off the market. However, that did affect the days-on-market for sold homes (195 days) but that should be counted as an anomoly and way off the 12-month average of 98 days.
As always, the properties that are selling the quickest have several characteristics in common...they are well maintained, reasonably updated, clean/uncluttered, and priced according to the current market conditions. Meet those conditions and your home has an excellent opportunity to be seen and sold in the Centerville real estate market!
Your Centerville Real Estate Specialist
When you are ready to buy or sell Centerville real estate, let me put my experience and expertise to work for you...I stand ready to assist with all your Centerville residential real estate needs and look forward to earning your trust and business.
For a complete list of available Centerville real estate, visit http://sellingwarnerrobins.com/ or call me at (478) 960-8055 so we can discuss your housing needs.
Real Estate Market in Centerville GA in October 2014
Statistics represent ONLY available foreclosure single family homes, condos, and townhouses in Centerville GA on the date posted. (Source: CGMLS). Information is deemed reliable, but not guaranteed.
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