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Paulding County Homes: July Should Be Another Great Month To Buy!

Posted by RCPAP on June 23, 2017
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The chances of Paulding County Homes selling have been above 100% for the last 13 months!  There has been fierce competition for home buyers.  If you have been waiting to buy, July should be one of the best months of the year to do it.  Look at last year’s data, you’ll see that home sales drastically decreased in June and July.  June has pretty much come and gone, but July is just a few days away.  There should be another slight decrease in sales and less competition than there has been.  That means better chances for you to buy.

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

Current number of homes on the market 44
Number of homes that failed to sell in the past 12 months 98
Number of homes that Sold in past 12 months 532
Total number of homes sold per month 44.33
Total Months worth of Inventory 1.0
   
Percentage
Current number of homes on the market 44
Number of new inventory for this period 11
Total Inventory 55
Number of Homes that will sell 133 241.8%
Number of Homes that will not sell -78 -141.8%

Average Sold Price during the last 12 months                             _$147,161.00

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
June 2016 128.60% 1.9 49
July 2016 123.30% 1.9 48
August 2016 184.20% 1.3 46
September 2016 182.40% 1.3 44
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

June & July are two of the best months to buy, as you can see from the data shown from 2016.  Why?  During the summer, most buyers change their focus to end of school year activities, vacation, and summer camps/activities.  The only two months with better chances are October & November, but they are 4-5 months away, can you wait that long?  If you’ve been waiting to buy, the next month should be YOUR BEST CHANCE until October.  It’s time to get out there and find your home.

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