Everyone thinks, “Summer is the best time to sell a home.” The below data proves it to be WRONG! This Year March has shown to be the BEST month so far and if we look back over the last 12 months, April should come in a very close 2nd. Get your home ready and on the market RIGHT NOW in order to take advantage of the higher sales chances in March & April.
The Paulding County home selling statistics listed below are from March 2017 Market Absorption Rate for Paulding County homes priced between $100,000 and $125,000.
| Current number of homes on the market | 25 | ||||||
| Number of homes that failed to sell in the past 12 months | 84 | ||||||
| Number of homes that Sold in past 12 months | 405 | ||||||
| Total number of homes sold per month | 33.75 | ||||||
| Total Months worth of Inventory | 0.7 | ||||||
| Percentage | |||||||
| Current number of homes on the market | 25 | ||||||
| Number of new inventory for this period | 6.25 | ||||||
| Total Inventory | 31.25 | ||||||
| Number of Homes that will sell | 101.25 | 324.0% | |||||
| Number of Homes that will not sell | -70 | -224.0% | |||||
Average Sold Price during the last 12 months _$114,374_
| % of Homes | Months | Days on | |
| Month | that will sell | of Inventory | Market |
| March 2016 | 382.70% | 0.6 | 58 |
| April 2016 | 311.40% | 0.8 | 58 |
| May 2016 | 255.30% | 0.9 | 57 |
| June 2016 | 181.30% | 1.3 | 55 |
| July 2016 | 304.30% | 0.8 | 54 |
| August 2016 | 167.20% | 1.4 | 53 |
| September 2016 | 170.60% | 1.4 | 50 |
| October 2016 | 169.40% | 1.4 | 49 |
| November 2016 | 163.60% | 1.5 | 48 |
| December 2016 | 173.60% | 1.4 | 53 |
| January 2017 | 226.70% | 1.1 | 54 |
| February 2017 | 316.20% | 0.8 | 52 |
| March 2017 | 324.00% | 0.7 | 51 |
The statistics show that Paulding County homes have had over 300% chance of selling in 5 of the last 12 months. The remaining 7 months had over 100% chance of selling. You can also see that March 2017 is down slightly from March 2016, but not much at all. These next few months, specifically March and April will be EXTREMELY STRONG! In order to sell in these strong selling months, DON’T WANT TO WAIT any longer, get your home on the market. The chances of selling will decrease each month and may not pick back up in July like they did last year.
As a Paulding County home seller, our plan helps YOU receive multiple offers on your home. If you want to receive multiple offers and actually sell your home, you need to call me at 404 374 1620 or email me at craig@pauldingandpolk.com to find out how we can help.
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 them for you. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com
