Interest rates are in the in the 3.5 – 4.5% range and Paulding County home prices are lower than they have been in 10 years. This the best time in history to buy a Paulding County home.
The below example is the March 2012 market absorption rate for all Paulding County homes priced between $100,000 to $125,000 and it shows Paulding County homes are selling well. As a matter of fact there is a 75% chance a Paulding County home will sell, if it is priced right.
Current number of homes on the market :60 :____
Number of homes that failed to sell in the past 12 months :442:____
Number of homes that Sold in past 12 months :240:____
Total number of homes sold per month :20::
Total Months worth of Inventory :3.0_ :__
Current number of homes on the market :_60 :
Number of new inventory for this period :_15:_
Total Inventory :_75:_
Number of Homes that will sell :_60 : __75%____
Number of Homes that will not sell :_15:_ ___25%____
Average Sold Price during the last 12 months _$108,725_
Paulding County homes are selling better now than they have in the last 12 months. You can see this in the below percentages from the last 12 months for Paulding County homes ranging from $100K-125K
% of Homes Months Days on
Month that will sell of Inventory Market
April 2011 27.3% 8.4 79
May 2011 15.6% 9.7 81
June 2011 32.3% 9.7 81
July 2011 29.3% 9.7 81
August 2011 32.1% 9.0 83
September 2011 38.9% 7.7 85
October 2011 46.1% 5.2 82
November 2011 54.4% 4.4 86
December 2011 49.3% 4.9 87
January 2012 31% 8.9 74
January 2012 52.2% 4.6 86
February 2012 54.1% 4.4 81
March 2012 59.9% 4.1 95
April 2011 75% 3.0 80
As you see there has been roughly a 50% increase in the chance a Paulding County home will sell from April 2011. If you are buying and you find a Paulding County home that should fall into the range of $100,000 to $125,000 and it is listed at $105,000 OR LESS; MAKE AN OFFER! Dont let the deal of a lifetime pass you buy. The most important thing is to know your maximum offer price and DO NOT to go over that price .NO MATTER WHAT!
There is a lot of free information available to you about buying, selling or investing in Paulding County homes. For complete information about the Paulding County home market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Paulding County homes 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 you. Call me on my cell at 404 374 1620 or email me at firstname.lastname@example.org
For a FREE List of 3 Plus Bedroom Paulding County Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below.