The Real Estate Market in Centerville GA in August 2015
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Real Estate Market in Centerville GA
The Real Estate Market in Centerville GA in August 2015 had decent sales (the second highest total in the past 12 months) as both buyers and investors continued to find properties to their liking in this community. With limited inventory (3 months worth available), eventually the available inventory will get stale which makes it an ideal time for potential sellers to get their home listed, seen, and sold in the Centerville real estate market right now.
The number of pending sales remained high (9) in this smaller community which is a good indicator this market will stay strong as the fall season approaches.
The sales price to list price ratio was 96.86% this past month, slightly improving on the 12-month average (95.72%). Homes that sold did so on average in 101 days, bettering the annual average by 8 days and improving on the previous month by 46. When homes are right priced, consumers are not wasting time getting these properties under contract and on their way to the closing table.
The average sales price dropped to $119K as consumers purchased homes in the lower price tiers this past month. There was also one distressed home sale which contributed to the lower average sales price. The 12-month average is currently $153K.
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. Happy house hunting!
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 Georgia in August 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.