Whether you are buying or selling a Dallas Georgia home it is Supply and Demand driven. By determining the absorption rate we can tell what a good price is for a Dallas Georgia home! Statistically Dallas Georgia homes that sell in under 90 days sell AT or just below listed price. Dallas Georgia homes in the $200K-225K price range that are on the market longer than 90 days have a 80% chance of not selling at all!
For Dallas Georgia Homes, here is the September 2011 Market Absorption for homes ranging from $200K-225K.
Current number of homes on the market _____30 _________
Number of homes that failed to sell in the past 12 months ______169_____
Number of homes that Sold in past 12 months _____68_______
Total number of homes sold per month _____5.67_______
Total Months worth of Inventory _____5.29_ _______
Current number of homes on the market ______68 ________
Number of new inventory for this period ______17_______
Total Inventory ______85______
Number of Homes that will sell ______17 ______ ___20%____
Number of Homes that will not sell ______68_____ ___80%____
Average Sold Price during the last 12 months _$203,928_
So, what is a good price on a Dallas Georgia home in the in the $200K-225K price range? We believe any Dallas Georgia home priced at $183,500 will sell quickly. If you are selling, price your home at this price or below and it should sell quickly with little hassle. If you are buying, be looking for Dallas Georgia homes that should sell in the $200K-225K price range but are priced below $183,500.
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
