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Paulding County Homes: It’s A Great Time To Buy!

Posted by Craig Summers on October 21, 2017
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Well it looks like someone read our article last month, maybe a few someones.  Chances of Selling Paulding County Homes increased 26.1% in the last month.  I have to say in the 12 years I’ve been in real estate, I’ve never seen an October Sales Increase.  We are in uncharted territory here!  What does that mean?  We don’t really know, we hope it’s just a fluke and that things are back to normal next month, at least our clients sake.  Typically November is another GREAT time to buy a home!  What I will say, is this, even if the chances of selling increase, there is NO REASON to sit and wait, if you want to buy.  There are still great homes for, great prices!  Most of the Paulding County homes on the market are priced very similarly to what the same type of home would have sold for 10 years ago.  It’s time to get out there and buy your dream home!

The statistics below show Paulding County home sales priced between $125K and $150K for October 2017.

Current number of homes on the market 61
Number of homes that failed to sell in the past 12 months 99
Number of homes that Sold in past 12 months 549
Total number of homes sold per month 45.75
Total Months worth of Inventory 1.3
Percentage
Current number of homes on the market 61
Number of new inventory for this period 15.25
Total Inventory 76.25
Number of Homes that will sell 137.25 180.0%
Number of Homes that will not sell -61 -80.0%

Average Sold Price during the last 12 months                             _$136,646.00

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
October 2016 110.00% 2.2 59
November 2016 110.00% 2.2 42
December 2016 135.30% 1.8 48
January 2017 175.30% 1.4 46
February 2017 184.90% 1.3 45
March 2017 200.40% 1.2 46
April 2017 207.70% 1.2 46
May 2017 241.80% 1 44
June 2017 187.20% 1.3 59
July 2017 171.40% 1.4 41
August 2017 152.10% 1.6 41
September 2017 153.90% 1.6 40
October 2017 180.00% 1.3 41

If you’ve been waiting to buy, November may be YOUR BEST CHANCE to buy until June of next year!  You don’t want to wait 8 months to see competition come back down and you CERTAINLY don’t want to be buying when everyone else is, that causes prices to go up!!

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