As you can see from the below two charts the Paulding County Real Estate Market Has changed DRAMATICALLY! In looking at these numbers, I recommend you focus your attention to these things:
1. Active Listings = Number of Homes Available for Purchase. Overall, this number is down from 2013.
2. List Price to Sales Price Ratio = What a buyer pays for the home divided by the listed price expressed as a percentage. If it’s above 100%, homes sold for more than the list price. If it’s less than 100%, homes sold for less than the list price. – Most specifically the homes under $100,000 are selling for a higher percentage of the sales price. Overall, this number is UP from 2013.
3. Days on Mkt. = The Average Number of Days it takes for a home to sell Overall, this is down DRASTICALLY from 2013. The main cause for this is # 1 above, there are fewer homes to choose from.
Paulding County Market Overview May 2013
Active Listing
Pendings
Pending Ratio
Listings Not Sold Last 12 Months
Listings Sold Last 12 Months
Sold Ratio
Sold /Mo
Invent. (Mos.)
Average List Price (Sold Homes)
Average Sold Price
List Price to Sales Price Ratio
Days on Mkt.
0-49,999
62
94
151.6%
188
555
61.7%
46.25
1.3
$ 38,100
$ 35,116
92.2%
73
50,000- 74,999
112
115
102.7%
344
501
46.7%
41.75
2.7
$ 62,902
$ 59,503
94.6%
84
75,000- 99,999
90
93
103.3%
536
339
32.0%
28.25
3.2
$ 87,546
$ 82,248
93.9%
83
100,000- 124,999
63
63
100.0%
447
241
29.6%
20.08
3.1
$ 113,105
$ 108,954
96.3%
83
125,000- 149,999
75
42
56.0%
517
170
21.1%
14.17
5.3
$ 137,267
$ 132,858
96.8%
81
150,000- 174,999
55
37
67.3%
391
114
19.1%
9.50
5.8
$ 161,870
$ 156,151
96.5%
76
175,000- 199,999
51
28
54.9%
322
82
17.0%
6.83
7.5
$ 187,763
$ 181,772
96.8%
80
200,000- 224,999
23
8
34.8%
149
53
22.7%
4.42
5.2
$ 212,255
$ 204,075
96.1%
84
225,000- 249,999
27
11
40.7%
220
41
13.7%
3.42
7.9
$ 236,925
$ 221,079
93.3%
101
250,000- 274,999
15
9
60.0%
107
24
15.5%
2.00
7.5
$ 260,628
$ 257,339
98.7%
98
275,000- 299,999
7
5
71.4%
98
25
18.5%
2.08
3.4
$ 287,666
$ 268,535
93.3%
147
300,000- 349,999
7
8
114.3%
72
25
22.3%
2.08
3.4
$ 322,820
$ 309,180
95.8%
94
350,000- 399,999
16
0
0.0%
53
10
12.7%
0.83
19.2
$ 373,914
$ 331,350
88.6%
95
400,000- 449,999
8
0
0.0%
43
3
5.6%
0.25
32.0
$ 425,088
$ 362,300
85.2%
121
450,000- 499,999
7
0
0.0%
24
4
11.4%
0.33
21.0
$ 476,251
$ 435,700
91.5%
277
500+
17
1
5.9%
91
3
2.7%
0.25
68.0
$ 860,471
$ 825,000
95.9%
83
Market Totals
635
514
80.9%
3602
2190
31.6%
182.50
3.5
$ 282,971
$ 264,744
93.6%
111
4 Wks Prior
664
473
71.2%
3503
2167
31.8%
180.58
3.7
$ 282,539
$ 264,061
93.5%
115
Paulding County Market Overview May 2013
Active Listing
Pending
Pending Ratio
Listings Not Sold Last 12 Months
Listings Sold Last 12 Months
Sold Ratio
Sold /Mo
Invent. (Mos.)
Average List Price (Sold Homes)
Average Sold Price
List Price to Sales Price Ratio
Days on Mkt.
0-49,999
18
29
161.1%
205
375
59.8%
31.25
0.6
$ 39,266
$ 40,292
102.6%
40
50,000- 74,999
35
119
340.0%
426
454
43.9%
37.83
0.9
$ 62,488
$ 61,834
99.0%
44
75,000- 99,999
40
78
195.0%
626
375
33.5%
31.25
1.3
$ 87,439
$ 85,286
97.5%
31
100,000- 124,999
22
51
231.8%
506
254
30.5%
21.17
1.0
$ 112,839
$ 110,063
97.5%
30
125,000- 149,999
46
43
93.5%
595
205
23.1%
17.08
2.7
$ 136,982
$ 131,935
96.3%
32
150,000- 174,999
40
44
110.0%
469
116
17.3%
9.67
4.1
$ 161,717
$ 155,957
96.4%
22
175,000- 199,999
37
23
62.2%
382
105
19.2%
8.75
4.2
$ 187,334
$ 181,482
96.9%
21
200,000- 224,999
21
8
38.1%
179
34
14.0%
2.83
7.4
$ 211,863
$ 208,211
98.3%
16
225,000- 249,999
32
7
21.9%
252
53
15.4%
4.42
7.2
$ 237,054
$ 228,708
96.5%
17
250,000- 274,999
20
10
50.0%
118
32
32.0%
2.67
7.5
$ 261,135
$ 252,337
96.6%
23
275,000- 299,999
28
7
25.0%
123
22
12.2%
1.83
15.3
$ 288,010
$ 279,939
97.2%
13
300,000- 349,999
15
1
6.7%
95
24
17.8%
2.00
7.5
$ 323,100
$ 305,728
94.6%
26
350,000- 399,999
14
5
35.7%
70
20
18.3%
1.67
8.4
$ 371,900
$ 355,288
95.5%
37
400,000- 449,999
4
2
50.0%
49
8
12.7%
0.67
6.0
$ 423,518
$ 403,125
95.2%
13
450,000- 499,999
5
0
0.0%
32
6
14.0%
0.50
10.0
$ 476,012
$ 431,167
90.6%
43
500+
17
0
0.0%
107
5
3.9%
0.42
40.8
$ 872,709
$ 559,400
64.1%
3
Market Totals
394
427
108.4%
4234
2088
29.2%
174.00
2.3
$ 283,558
$ 252,717
89.1%
27
4 Wks Prior
374
405
108.3%
4199
2130
30.0%
177.50
2.1
$ 283,647
$ 252,405
89.0%
28
This data shows you Paulding County Homes are selling very well in 2014. If you want to buy one, you will need to act fast and make a strong offer. A strong offer means you pay as much as you can for the home you like, based on the market data for that specific homes location. Your Paulding County real estate agent can help guide you on the specific home and area you are searching in. The good news is, although you may pay as much as you can, Paulding County homes are still priced like they were 10 years ago. If you buy a home today and the current real estate trends continue, your home should appreciate in value over the next 5-10 years, gaining you equity each year.
For a FREE List of 3 Plus Bedroom Paulding County Homes under $150,000 with prices, addresses, and descriptions click the link or fill out the form below.