Your search results

Paulding County Homes Prices Are Still Low, Buy Before They Climb!

Posted by RCPAP on January 8, 2016
| 0

Paulding County homes that are priced right and in good condition have home buyers facing a lot of competition. Paulding County home prices are still low, but over the last year we’ve seen an average increase of $10,000 in the sales price. What is causing this, simple supply and demand. The demand has increased over the last year, which caused the supply to decrease and prices to rise. If you’ve been waiting to buy your Paulding County home get off the couch and get out looking for your home. If you don’t, you’ll likely miss your chance to buy with incredible market conditions.

Today’s market conditions require you to act fast and make an offer when you find the right home. The below statistics tell the story. Paulding County homes have right at a 132.6% chance of selling. This is the December 2012 market absorption rate for all Paulding County homes priced between $100,000 to $125,000.

Current number of homes on the market

38
Number of homes that failed to sell in the past 12 months 486
Number of homes that Sold in past 12 months
252
Total number of homes sold per month

21.00
Total Months worth of Inventory

1.8

Percentage

Current number of homes on the market
38

Number of new inventory for this period
9.5

Total Inventory

47.5

Number of Homes that will sell

63
132.6%
Number of Homes that will not sell
-15.5
-32.6%
Average Sold Price during the last 12 months _$109,397_

% of Homes Months Days on
Month that will sell of Inventory Market
January 2012 52.2% 4.6 86
February 2012 54.1% 4.4 81
March 2012 59.9% 4.1 95
April 2012 75% 3.0 80
May 2012 76.5% 3.1 83
June 2012 112.7% 2.1 78
July 2012 104.1% 2.3 81
August 2012 147.8% 1.6 41
September 2012 125.8% 1.9 40
October 2012 106.7% 2.3 43
November 2012 114.5% 2.1 38
December 2012 132.6% 1.8 37

As you can see, over the last year the % of homes that WILL sell has dramatically increased, in fact, for the last 7 months the chance of selling is over 100%.

This is the most important thing you can do is hire a Real Estate professional before you ever go looking for your Paulding County home. They work in the market every day and will take the time to discuss your Maximum Offer Price. You and your agent need to know that NO MATTER WHAT, you DO NOT to go over your maximum offer price! Stick to your maximum and don’t get discouraged if you miss out on a home. You don’t want to own more home than you can afford. Great homes come on the market every day, who knows an even better home may come on the market tomorrow. Remember, good things come to those who wait. Be ready to act fast when you find the right home, don’t hesitate, MAKE AN OFFER! Don’t miss out on the best time in history to buy a 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

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.

Leave a Reply