Centerville GA Real Estate Market Report - September 2018

Real Estate Agent with Coldwell Banker Access Realty ~ 478.960.8055

              Centerville GA Single Family Home Report

September 2018 Edition

The Centerville GA real estate market continues to hold its own despite a lack of new properties for buyers and investors to go visit. This should be a great reminder to homeowners who have been on the fence...get your home listed so it can be seen and sold in this real estate market!

Currently, there is only 1+ month of available properties to pick from. You will hear it repeated a few times in this homes are needed to keep buyer interest. Otherwise, they will move on to other areas in Houston County for their real estate needs.

As a top real estate agent in Centerville GA I am getting my buyers into homes as soon as they hit the market. The quicker they get in to preview the property the better opportunity they have to make a decision about it. Any delay could be costly as there are plenty of other consumers who are also out looking for a home. Be prepared to act quickly.

So, what happened in the Centerville real estate market this past month? Let's check out all the details and see if this market is the right one for you!

Centerville GA Real Estate Market Report - September 2018 Edition

Active Centerville GA Homes For Sale

As of this article, there are a total of 10 homes for sale in Centerville GA. The highest priced listing in this market is currently available at $499K+ and the lowest is $30K. Square footage of available properties ranges from 1,104 feet up to 4,943. Also, there are homes available in numerous price points to meet the needs of all real estate consumers.

Buyers who are seeking a fixer-upper currently have 1 distressed house to choose from in the Centerville real estate market. Fortunately, there has not been an increase in foreclosure/short sale homes this past quarter. That is good news as these properties can have a negative future impact on both appraisals and sales prices in the affected neighborhood.

The highest priced home for sale in Centerville is a home located at 306 Thomson. Available for $499,900, this 4.9K+ square foot home has 4 bedrooms, 4 bathrooms, and a host of amenities worth checking out.

Sale Pending Centerville Single Family Homes

This is the smallest real estate market in Houston County so do not let the numbers catch you off guard. However, the lack of inventory is starting to have an effect and new homes for sale are needed or buyers will find homes more to their liking in other middle GA communities. Of the 8 pending homes in this city, none are distressed properties.

Despite low availability, homeowners must ensure their house is ready for visits, updated as needed, and priced according to the current market conditions. Properties that are not in good shape will definitely sit, leaving owners scratching their heads wondering why other houses are selling and their home is not.

Centerville GA Single Family Homes Sold

There was a total of 10 home sales in Centerville GA last month. This represents the third highest number of monthly sales in the past year (the monthly average this past year is 9 closings). The average sale price for these homes was $195K+ and they took an average of 130 days to sell! The 12-month average for both of these categories is $162K+ and 57 days from listed to sold. As a comparison, during this same timeframe last year, the averages were $137+ and 60 days.

The average days on the market was higher than expected this past month but it was good to finally see some of the older inventory finally exchange hands. However, it is a reminder to sellers that to be competitive, and ensure buyers take an interest in their home, they must market price the property. The sales price to list price ratio last month was 97.24%, which was well off the 12-month average of 98.52%.

The most expensive sale in Centerville real estate last month sold for $405K. The lowest priced sale was $124K. None of the sales this past month were distressed houses. When distressed sales are present, they can have a slight impact on appraisal values in the affected neighborhoods for the remainder of the year.

What Can Centerville GA Residents Expect Regarding Real Estate In The Coming Months?

In this market you can expect plenty of competition. This could mean a bidding war if you are not ready to write an offer as soon as you decide the home is the property you have been looking for. Just remember, any delay could cost you the home as plenty of other consumers are hitting the pavement and out looking too!

The amount of inventory is worth monitoring for the next few months to determine if this market remains robust or starts to wane as cooler weather arrives. Time will tell if a host of fresh inventory hits the market and if buyers continue to find homes to their liking in the Centerville real estate market.

A Centerville Real Estate Agent You Can Trust

This Centerville GA real estate market report was provided by Anita Clark. Anita is a licensed residential real estate agent in Centerville GA. She works at Coldwell Banker SSK, Realtors.

You can find Anita on numerous social media networks or via her Centerville Real Estate Blog. She is an active online marketer who loves helping residential real estate consumers in Houston County GA.

More Houston County Real Estate Market Reports

Check out the latest details and find the right market for your needs. Happy middle GA house hunting!

**The information provided in this real estate market analysis was generated via the Central Georgia Multiple Listing Service (CGMLS) at the time/date this market report was published. All information is deemed accurate, but not guaranteed.**

Comments (12)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Oct 22, 2018 04:54 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Anita, your overview of the current market conditions in Centerville Georgia is valuable to buyers and sellers. When they're ready to learn more they need to contact you and enlist your expertise. 

Oct 22, 2018 05:46 AM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate your local market reports.

Oct 22, 2018 07:44 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Thanks for noticing, Gita.

Amanda: I like how you think and hope local real estate consumers do as well.

Thanks Roy. I try to make them clear and easy to read.

Oct 22, 2018 02:36 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Anita.  Thanks for keeping us updated about the Centerville GA real estate market.


Oct 27, 2018 05:26 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

You bet. Thanks for stopping by, Gabe.

Oct 27, 2018 10:42 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Wonderful report, Anita! The Charlotte market is very similar in the under $350K price range - get in early or you'll miss it! 

Our market wanes a bit during the winter months also - it's an annual thing though, not a market shift as many in the media are touting!

Oct 28, 2018 08:19 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Exactly the same here, Debe. I try my best to tell consumers the real deal, not what the media reports.

Oct 28, 2018 08:44 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

IEverybody needs that assurance sometimes in life when it gets a little hectic and crazy, ya know?

Oct 29, 2018 12:06 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Absolutely. Thanks for stopping by Laura.

Oct 29, 2018 05:02 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Single-family homes need a Lotta love because they do so much for people. I’ve seen it. Good things ahead! :)

Nov 02, 2018 11:51 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Anita Clark No problem! It’s just one of those things that I’m noticing in life these. Sometimes things in the market stand out to you. You know?

Nov 02, 2018 11:53 PM