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Paulding County Homes Have a 50/50 Chance Of Selling! Buyers, BUY NOW!

Posted by RCPAP on January 8, 2016
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The chance of selling Paulding County homes has been dropping for the last 9 months consecutively. This is GREAT news for buyers! The below October 2014 market absorption rate of Paulding County homes priced between $100,000 to $125,000 shows percentage chance of selling is 50.7%, this month. The statistics also there are so many homes on the market right now it would take 4.7 Months to sell all of them. This high number of Paulding County homes on the market means it is a buyer’s market and it is time to BUY NOW! Sellers are selling for less than the list price and in some cases making repairs to sell their homes today. The numbers show the percentage chance of selling a home are lower than they’ve been in years!

Current number of homes on the market

118

Number of homes that failed to sell in the past 12 months

637

Number of homes that Sold in past 12 months

299

Total number of homes sold per month

24.92

Total Months worth of Inventory

4.7

Percentage

Current number of homes on the market

118

Number of new inventory for this period

29.5

Total Inventory

147.5

Number of Homes that will sell

74.75

50.7%

Number of Homes that will not sell

72.75

49.3%

Average Sold Price during the last 12 months _$110,344

% of Homes Months Days on
Month that will sell of Inventory Market
November 2013 92.4% 2.6 22 December 2013 101.3% 2.4 20
January 2014 112.1% 2.1 19
February 2014 88.0% 2.7 20

March 2014 79.3% 3.0 19
April 2014 76.5% 3.1 19
May 2014 72.1% 3.3 19
June 2014 71% 3.4 18
July 2014 68.6% 3.5 18
August 2014 57.7% 4.2 19
September 2013 55.5% 4.3 19
October 2013 50.7% 4.7 18

You can see above the Months of inventory has gone up, month after month for the last 9 months as well. This means your chances of finding a home are MUCH better than they’ve been over the last year or two. However, it should be noted that the days on market has been hovering around 20 days for the last 12 months! This means there is still competition for homes the best homes and with the best price. It also means that the competition for those homes is still remarkably high. If you’re looking for a home that is move in ready and you don’t offer the day it hits the market, you’ll wish you had! A real estate professional can better your chances of getting the home you love. We help buyers, just like you, every day by reducing the stress of home buying.

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 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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