As you can see from the below two charts the Paulding County Real Estate Market Has changed DRAMATICALLY! In looking at these numbers, I recommend you focus your attention to these things:
1. Active Listings = Number of Homes Available for Purchase. – In price ranges under $150,000 the number of active listings is down and in the price ranges above $150,000 the number of active listings is up. This means homes, even ones in rough condition, are selling for more money in 2016.
2. Listings Sold Last 12 months = How many homes have sold in the last 12 months. – In price ranges under $125,000 the number of homes sold is down and in the price ranges above $125,000 the number of homes sold is up. Again, this means homes, even ones in rough condition, are selling for more money in 2016.
3. List Price to Sales Price Ratio = What a buyer pays for the home divided by the listed price expressed as a percentage. If it’s above 100%, homes sold for more than the list price, on average. If it’s less than 100%, homes sold for less than the list price, on average. – Not much has changed here from last year. Homes are still selling at close to 100% of their list price. It is notable to say in 14 of the 16 categories, the percentage has gone down. This means sellers have agreed to accept less for their homes in 2016. Another way to say this is there is more wiggle room in a seller’s price.
4. Days on Mkt. = The Average Number of Days it takes for a home to sell – In 11 of the 16 categories the number of days it has taken to sell a home has gone up. This could be why there is more wiggle room in seller pricing, they may be willing to take less to sell faster.
Paulding County Market Overview December 2015
| Active Listing | Pending | Pending Ratio | Listings Not Sold Last 12 Months | Listings Sold Last 12 Months | Sold Ratio | Sold /Mo | Invent. (Mos.) | Average List Price (Sold Homes) | Average Sold Price | List Price to Sales Price Ratio | Days on Mkt. | |
| 0-49,999 | 6 | 3 | 50.0% | 6 | 43 | 74.1% | 3.58 | 1.7 | $40,072 | $35,185 | 87.8% | 52 |
| 50,000- 74,999 | 11 | 13 | 118.2% | 31 | 105 | 65.6% | 8.75 | 1.3 | $68,680 | $64,903 | 94.5% | 64 |
| 75,000- 99,999 | 52 | 23 | 44.2% | 71 | 247 | 62.8% | 20.58 | 2.5 | $91,768 | $88,143 | 96.0% | 63 |
| 100,000- 124,999 | 78 | 59 | 75.6% | 166 | 428 | 58.5% | 35.67 | 2.2 | $116,784 | $112,932 | 96.7% | 59 |
| 125,000- 149,999 | 91 | 54 | 59.3% | 133 | 446 | 61.6% | 37.17 | 2.4 | $139,459 | $136,473 | 97.9% | 57 |
| 150,000- 174,999 | 79 | 38 | 48.1% | 116 | 368 | 61.2% | 30.67 | 2.6 | $166,077 | $162,296 | 97.7% | 57 |
| 175,000- 199,999 | 87 | 41 | 47.1% | 117 | 257 | 51.2% | 21.42 | 4.1 | $189,959 | $186,846 | 98.4% | 63 |
| 200,000- 224,999 | 55 | 30 | 54.5% | 47 | 155 | 54.0% | 12.92 | 4.3 | $214,635 | $212,207 | 98.9% | 74 |
| 225,000- 249,999 | 65 | 18 | 27.7% | 102 | 144 | 43.8% | 12.00 | 5.4 | $238,794 | $235,888 | 98.8% | 68 |
| 250,000- 274,999 | 47 | 19 | 40.4% | 59 | 106 | 32.0% | 8.83 | 5.3 | $563,719 | $260,285 | 46.2% | 66 |
| 275,000- 299,999 | 44 | 17 | 38.6% | 47 | 78 | 41.9% | 6.50 | 6.8 | $290,379 | $286,311 | 98.6% | 52 |
| 300,000- 349,999 | 39 | 6 | 15.4% | 46 | 77 | 45.8% | 6.42 | 6.1 | $327,438 | $321,822 | 98.3% | 75 |
| 350,000- 399,999 | 22 | 3 | 13.6% | 49 | 44 | 37.3% | 3.67 | 6.0 | $374,153 | $373,132 | 99.7% | 83 |
| 400,000- 449,999 | 14 | 0 | 0.0% | 26 | 23 | 36.5% | 1.92 | 7.3 | $431,374 | $427,780 | 99.2% | 105 |
| 450,000- 499,999 | 19 | 1 | 5.3% | 28 | 9 | 15.8% | 0.75 | 25.3 | $478,407 | $469,000 | 98.0% | 46 |
| 500+ | 23 | 1 | 4.3% | 26 | 12 | 19.4% | 1.00 | 23.0 | $912,235 | $604,489 | 66.3% | 113 |
| Market Totals | 732 | 326 | 44.5% | 1070 | 2542 | 54.4% | 211.83 | 3.5 | $309,596 | $265,179 | 85.7% | 73 |
| 4 Wks Prior | 570 | 145 | 25.4% | 1087 | 2532 | 58.4% | 211.00 | 2.7 | $293,476 | $265,080 | 90.3% | 75 |
Paulding County Market Overview December 2016
| Active Listing | Pending | Pending Ratio | Listings Not Sold Last 12 Months | Listings Sold Last 12 Months | Sold Ratio | Sold /Mo | Invent. (Mos.) | Average List Price (Sold Homes) | Average Sold Price | List Price to Sales Price Ratio | Days on Mkt. | |
| 0-49,999 | 1 | 1 | 100.0% | 11 | 36 | 73.5% | 3.00 | 0.3 | $52,254 | $35,189 | 67.3% | 61 |
| 50,000- 74,999 | 3 | 6 | 200.0% | 15 | 64 | 72.7% | 5.33 | 0.6 | $74,946 | $65,416 | 87.3% | 65 |
| 75,000- 99,999 | 18 | 3 | 16.7% | 50 | 201 | 73.9% | 16.75 | 1.1 | $97,332 | $88,515 | 90.9% | 71 |
| 100,000- 124,999 | 47 | 46 | 97.9% | 107 | 408 | 67.1% | 34.00 | 1.4 | $120,000 | $114,334 | 95.3% | 53 |
| 125,000- 149,999 | 77 | 70 | 90.9% | 108 | 521 | 67.1% | 43.42 | 1.8 | $140,621 | $136,128 | 96.8% | 48 |
| 150,000- 174,999 | 80 | 58 | 72.5% | 90 | 441 | 65.9% | 36.75 | 2.2 | $166,262 | $161,714 | 97.3% | 52 |
| 175,000- 199,999 | 97 | 42 | 43.3% | 122 | 375 | 59.0% | 31.25 | 3.1 | $191,720 | $186,584 | 97.3% | 64 |
| 200,000- 224,999 | 59 | 26 | 44.1% | 81 | 243 | 59.4% | 20.25 | 2.9 | $221,094 | $211,045 | 95.5% | 66 |
| 225,000- 249,999 | 83 | 34 | 41.0% | 90 | 205 | 49.8% | 17.08 | 4.9 | $253,793 | $236,980 | 93.4% | 81 |
| 250,000- 274,999 | 71 | 25 | 35.2% | 90 | 182 | 32.0% | 15.17 | 4.7 | $269,514 | $261,612 | 97.1% | 79 |
| 275,000- 299,999 | 42 | 19 | 45.2% | 54 | 128 | 52.7% | 10.67 | 3.9 | $295,915 | $286,927 | 97.0% | 93 |
| 300,000- 349,999 | 71 | 15 | 21.1% | 84 | 120 | 41.4% | 10.00 | 7.1 | $332,133 | $322,529 | 97.1% | 88 |
| 350,000- 399,999 | 41 | 10 | 24.4% | 50 | 64 | 38.8% | 5.33 | 7.7 | $386,760 | $372,943 | 96.4% | 106 |
| 400,000- 449,999 | 12 | 4 | 33.3% | 15 | 24 | 43.6% | 2.00 | 6.0 | $443,671 | $422,704 | 95.3% | 139 |
| 450,000- 499,999 | 17 | 1 | 5.9% | 30 | 17 | 26.2% | 1.42 | 12.0 | $491,546 | $471,277 | 95.9% | 124 |
| 500+ | 39 | 1 | 2.6% | 47 | 12 | 12.1% | 1.00 | 39.0 | $748,983 | $695,075 | 92.8% | 108 |
| Market Totals | 758 | 361 | 47.6% | 1044 | 3041 | 58.4% | 253.42 | 3.0 | $ 285,770 | $ 271,265 | 94.9% | 87 |
| 4 Wks Prior | 789 | 343 | 43.5% | 1029 | 3015 | 58.2% | 251.25 | 3.1 | $ 288,418 | $ 273,235 | 94.7% | 80 |
This data shows you, in Paulding County Homes have never stopped selling. The 2016 data shows more TOTAL homes have sold, but this is because more homes are on the market. Average Sold price has slightly increased in 9 of the 16 categories, but only slightly. Paulding County Homes are selling well, and you as a buyer can expect to be able to negotiate the price down slightly to get a Great Home for a Good Price. Your Paulding County real estate agent can help guide you on what to do. The good news is, Paulding County homes are still priced like they were 10 years ago. If you buy a home today and the current real estate trends continue, your home should appreciate in value over the next 5-10 years, gaining you equity each year.
