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Number of Paulding County Homes Available Is Going Down. Buy Today Before Prices JUMP UP!

Posted by RCPAP on January 8, 2016
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The chances a Paulding County home will sell have almost doubled. As the law of supply and demand teaches us, when the supply is low and the demand is, prices climb. It is happening right now! If you’re looking to buy, you need to be ready to quickly make an offer when you find the home you want.

Don’t worry, you can still get a great deal; they are out there and new deals come on the market daily. Your Paulding County real estate agent, can help you find them. The statistics below show the Paulding County market absorption rate and are from October 2012 for Paulding County homes, priced between $125,000 and $150,000

Current number of homes on the market

47
Number of homes that failed to sell in the past 12 months 563
Number of homes that Sold in past 12 months
187
Total number of homes sold per month

15.58
Total Months worth of Inventory

3.0

Percentage

Current number of homes on the market
47

Number of new inventory for this period
11.75

Total Inventory

58.75

Number of Homes that will sell

46.75
79.6%
Number of Homes that will not sell
12
20.4%
Average Sold Price during the last 12 months _$133,354_

Here are the percentages over the last 12 months for Paulding County homes ranging from $125K-150K

% of Homes Months Days on
Month that will sell of Inventory Market
December 2011 40% 6 92
January 2012 42.9% 5.6 95
February 2012 41.3% 5.8 97
March 2012 44.2% 5.4 123
April 2012 39.8% 6 83
May 2012 45.3% 5.3 115
June 2012 49.4% 4.9 113
July 2012 56.3% 4.3 28
August 2012 54.5% 4.4 28
September 2012 61.7% 3.9 28
October 2012 67.8% 3.5 31
November 2012 79.6% 3.0 31

You can see the stats show the number of days on the market has decreased from 92, to 31. You’ll also see, the percentage of Paulding County homes sold has almost doubled over the last 12 months. This means it is taking a lot less time to sell a Paulding County Home. We expect these trends to continue for some time. This means competition will remain high until interest rates rise for Paulding County homes. Don’t worry, if you are working with a great real estate agent, you can still find Paulding County homes for EXCEPTIONAL prices, new ones hit the market every day. So what is an EXCEPTIONAL price? For that information, you’ll need to call me at 404 374 1620 or email me at craig@pauldingandpolk.com

There is a lot of free information available to you about buying, selling or investing in Paulding County real estate. For complete information about the Paulding County real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Paulding County real estate at www.pauldingandpolk.com. Please feel free to contact me with any of your mortgage questions and I will me more than glad to answer your queries. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

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.

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