Contact Information

Craig Summers
Cobb County Realty's Paulding & Polk Team
PO Box: 2523
Dallas, GA, 30132
Cell: 404 374 1620
Fax: 877 201 0627
Buying a Dallas Georgia Home? Buy from the "Low Price Leader!" | Print |

In order to buy a Dallas Georgia home from the "Low Price Leader," you must understand who the low price leader is going to be.  Just like any other product that is bought and sold, real estate is affected by supply and demand.  By determining the absorption rate we can tell who the low price leaders are in the market place.

Statistically, Dallas Georgia homes priced between $125,000 to $150,000 on the market longer than 90 days have a 73.4% chance of not selling at all!  The Dallas Georgia homes that are pushing 90 days on the market are a large portion of the homes you want to focus your search on.  These sellers are beginning to believe they are not going to sell.  They are also getting realistic on their price expectations. 

The other part of the equation is to focus on Dallas Georgia homes the come on the market priced at what we call the "Sweet Spot."  What is the "Sweet Spot?"  It is the price point where the homes will sell in days, not weeks or months.  Let's look at the below example, it is a for all the Dallas Georgia homes priced between $125,000 to $150,000 in August 2011.

Current number of homes on the market                                            _____133 _________
Number of homes that failed to sell in the past 12 months                _____508_________
Number of homes that Sold in past 12 months                                  _____177_________
Total number of homes sold per month                                              ______14.75______
Total Months worth of Inventory                                                       _____9.01_   _______

Current number of homes on the market                    ______133  ________
Number of new inventory for this period                   ______33.25_______
Total Inventory                                                           ______166.25______
Number of Homes that will sell                                  ______44.25 ______              ___26.6%____
Number of Homes that will not sell                            ______122_____              ___73.4%____

 Average Sold Price during the last 12 months                             _$130,330_

 

What this tells us is the average sale price in last 12 Months.  So, what is the "Sweet Spot?"  Any Dallas Georgia Home in the $125,000 to $150,000 price range that comes on the market at or under $117,300 is in the "Sweet Spot".  This is no SECRET.....  The REAL SECRET that eliminates almost all of the competetion is to work with Craig Summers, your Dallas Georgia Real Estate Agent, to find the homes pushing 90 days on the market and are priced to high.  Remember, "These sellers are beginning to believe they are not going to sell."  So we find these Dallas Georgia home sellers and make them an educated offer showing them the market statistics show they have a 73.4% of not selling if they pass up our offer.

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

 

 

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