Real Estate Market in Centerville GA in June 2015
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Real Estate Market in Centerville GA
The Real Estate Market in Centerville GA in June 2015 remains a bit flat as buyers and investors are finding homes in other parts of middle GA more to their liking right now. This is a good reminder that to compete in a competitive market, sellers need to ensure they price their home according to the current market conditions to have an opportunity to be seen and sold. Because this is a smaller market, any statistical change will make an impact...if there is a real estate trend worth noting, I will share the information.
The number of home sales (8) remained in-line with the 12-month average (7) and pending sales shot up 37% as 16 homes went under contract this past month. That is a good sign as the hottest month of the summer nears. Currently, there are 40 homes to choose from (up 1 from the previous month) in this sellers market (5 months of available inventory).
The sales price to list price ratio was 96.56% this past month, up slightly over the 12-month average (95.79%) and way up over the previous month (92.50%). When sellers right price their home these numbers will continue to climb.
The number of days-on-market for homes that sold (109 days) was slightly off the 12-month average (101 days). While not ideal, it is always good to see homes close that have been on the market for awhile. The average sales price was just over $121K, down from the yearly average of $150K, but well up on the previous month ($92K).
As always, the Centerville 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 Centerville GA!
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://www.anitaclarkrealtor.com or call me at (478) 960-8055 so we can discuss your housing needs.
Real Estate Market in Centerville GA in June 2015
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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