The Paulding County Market has been creeping up since September of 2014, with only small decreases in December, caused by Christmas, and February caused by the snow. The chances of selling Paulding County homes jumped 5.4% from February to March. I know there are those who think, Ill wait to sell during the summer months. You should NOTE the stats from 2014 show that IS NOT A GOOD PLAN. You may have already missed the boat! The stats also show the number of days on market is creeping up. The higher number of days on the market means the market could be getting saturated with homes. This is not good for those of you who believe you should sell during the summer months. If everyone waits, the market is only going to become further SATUATED with homes! If youve been thinking of selling, NOW IS THE TIME TO PUT YOU HOME ON THE MARKET! If you wait, you could get caught in the saturated market and you home could sit on the market for much longer than you anticipate and hinder your ability to move into another home.
The below is the March 2015 Market Absorption for Paulding County homes ranging from $125K-150K. This data will show you what were talking about.
Current number of homes on the market
103
Number of homes that failed to sell in the past 12 months
792
Number of homes that Sold in past 12 months
367
Total number of homes sold per month
30.58
Total Months worth of Inventory
3.4
Percentage
Current number of homes on the market
103
Number of new inventory for this period
25.75
Total Inventory
128.75
Number of Homes that will sell
91.75
71.3%
Number of Homes that will not sell
37
28.7%
Average Sold Price during the last 12 months _$133,656.00
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
March 2014 96.6% 2.5 20
April 2014 73.4% 3.3 19
May 2014 76.4% 3.1 18
June 2014 74.4% 3.2 18
July 2014 69.4% 3.5 18
August 2014 65.3% 3.7 19
September 2014 61.1% 3.9 20
October 2014 62.4% 3.8 22
November 2014 65.4% 3.7 21
December 2014 63.5% 3.8 21
January 2015 66.9% 3.6 22
February 2015 65.9% 3.6 24
March 2015 71.3% 3.4 26
If you look at number of days on the market, youll see were at the highest number weve seen in the past 12 months. Although the market jumped up, were still 25.3% below where we were in March 2014. We are not overly concerned yet, but we HIGHLY RECOMMEND you get you home on the market NOW before its too late. We know the secret to going from For Sale to SOLD. We can help you make your home one of the homes that sells in the market average of around 20 days. So what is the secret? For that information, youll need to call me at 404 374 1620 or email me at craig@pauldingandpolk.com
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 your queries. 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.