Dallas Georgia home sales are driven by Supply and Demand. By determining the absorption rate we can tell if you're Dallas Georgia home purchase is a good deal or not! Statistically Dallas Georgia homes that sell in under 90 days sell AT or just below listed price. Dallas Georgia homes in the $175K-200K price range that are on the market longer than 90 days have a 69.5% chance of not selling at all! These are the homes you want to focus your search on.
For Dallas Georgia Homes, here is the September 2011 Market Absorption for homes ranging from $175K-200K.
Current number of homes on the market _____68 _________
Number of homes that failed to sell in the past 12 months ______334_____
Number of homes that Sold in past 12 months _____90_______
Total number of homes sold per month _____7.5_______
Total Months worth of Inventory _____9.07_ _______
Current number of homes on the market ______68 ________
Number of new inventory for this period ______5.67_______
Total Inventory ______73.67______
Number of Homes that will sell ______22.5 ______ ___30.5%____
Number of Homes that will not sell ______51.17_____ ___69.5%____
Average Sold Price during the last 12 months _$182,842_
These sellers are beginning to believe they are not going to sell. They are also getting realistic on their price expectations. To make sure your Dallas Georgia home purchase in the in the $175K-200K price range is a great deal we believe your purchase price should be $164,500 or less.
For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010
