Real Estate Market in Warner Robins GA in December 2014
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Real Estate Market in Warner Robins GA
The Real Estate Market in Warner Robins GA in December 2014 is a good example of a balanced market. Neither buyers or sellers had the upper hand which is good for the overall growth of this market going forward in 2015.
In this balanced market (6+ months of available inventory), and with 460 homes for buyers and investors to choose from, consumers have a lot of options in all price points and styles at the moment. This puts pressure on anxious sellers to ensure they price their property in-line with current market conditions. I can guarantee, in this market, overpriced homes will sit until a reasonable price adjustment is made. It is that simple.
The number of home sales (66) improved on the disappointing November totals (52 sales) and was just off the 12-month average (68). That is a decent haul considering the holidays and colder weather were at hand last month. The sales price to list price ratio was good for this market coming in at (96.93%) and tracking to the 12-month average (96.92%). The SPLP was affected by the 17 distressed homes that closed, bringing prices down a bit, but moving many foreclosures off the market in the process.
The number of days-on-market for homes that sold was 121 days, way off the 12-month average of 86 days. It is not a reason for potential sellers to panic. Older inventory finally closed and was the key contributing factor to the higher than normal DOM last month.
As always, the Warner Robins 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 Warner Robins GA!
Your Warner Robins Real Estate Specialist
When you are ready to buy or sell Warner Robins real estate, let me put my experience and expertise to work for you...I stand ready to assist with all your Warner Robins residential real estate needs and look forward to earning your trust and business.
For a complete list of available Warner Robins real estate, visit http://www.anitaclarkrealtor.com or call me at (478) 960-8055 so we can discuss your housing needs.
Real Estate Market in Warner Robins GA in December 2014
Statistics represent ONLY available foreclosure single family homes, condos, and townhouses in Warner Robins GA on the date posted. (Source: CGMLS). Information is deemed reliable, but not guaranteed.
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