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 what you should realistically expect to pay for your Dallas Georgia Home.  Let's look at the below example, it is a for all the Dallas Georgia homes priced between $175,000 to $200,000. 

Statistically homes that don't sell in 90 days or less sell at a lower price.  Homes in the $175K-200K price range that are on the market longer than 90 days have a 80% chance of not selling! 

So how can you find the best deal Dallas Georgia Home?  Lets look at the Dallas Georgia market absorption rate.

For Dallas Georgia Homes, here is the November 2011 Market Absorption for homes ranging from $175K-200K.

Current number of homes on the market                                            _____79 _________
Number of homes that failed to sell in the past 12 months                _____356_________
Number of homes that Sold in past 12 months                                  _____79_________
Total number of homes sold per month                                              _____6.58_______
Total Months worth of Inventory                                                       _____9.3_   _______

Current number of homes on the market                    ______79  ________
Number of new inventory for this period                   ______19.75_______
Total Inventory                                                           ______98.75______
Number of Homes that will sell                                  ______19.74 ______              ___20%____
Number of Homes that will not sell                            ______79.01_____              ___80%____

 Average Sold Price during the last 12 months                             _$182,104_

There are 6.58 Dallas Georgia homes selling each month in the $175K-200K price range.  There are only 79 Dallas Georgia homes on the market and it will only take 9.3 months to sell all of these homes in this price range.  This means the demand is increasing, supply is decreasing, and prices are begining to rise.  Over the next few months prices should rise further.  We suspect in the spring of 2012 we will see prices go up even more.  DON'T WAIT!  The average sold price in the $175K-200K price range during the last 12 months in Dallas Georgia was $182,104.  In this environment we are seeing homes that are priced at or below this price get purchased quickly.  If you want to buy a Dallas Georgia home in the $175K-200K price range and you see it priced for $163,800 to $172,900  YOU NEED TO BUY IT!

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