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Paulding County Homes: The Market Is Cooling, Buy Now!

Posted by Craig Summers on October 6, 2017
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Paulding County Home selling chances have decreased each month for the last 3 months! It’s October, folks are beginning to think about the upcoming Holidays, their minds aren’t as focused on home buying.  You need to have laser beam focus on buying RIGHT NOW, while others are shifting their focus to other things.  You’ll need professional help to find your perfect home and you’ll have to act fast when a great home hits the market. Why?  Because Paulding County Home sales are still absolutely INCREDIBLE!

The below is the October 2017 market absorption rate of Paulding County homes priced between $100,000 to $125,000.

Current number of homes on the market 21
Number of homes that failed to sell in the past 12 months 55
Number of homes that Sold in past 12 months 341
Total number of homes sold per month 28.42
Total Months worth of Inventory 0.7
Percentage
Current number of homes on the market 21
Number of new inventory for this period 5.25
Total Inventory 26.25
Number of Homes that will sell 85.25 324.8%
Number of Homes that will not sell -59 -224.8%

Average Sold Price during the last 12 months                             _$114,343

% of Homes Months Days on
Month that will sell of Inventory Market
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
April 2017 432.20% 0.6 48
May 2017 461.20% 0.5 47
June 2017 380.00% 0.6 46
July 2017 404.40% 0.6 45
August 2017 365.00% 0.7 44
September 2017 352.00% 0.7 42
October 2017 324.80% 0.7 39

Competition and demand for Paulding County Homes is ASTOUNDINGLY HIGH!  Even though we’re in the slower selling months, “move in ready” homes and homes in reasonable condition are selling STAGGERINGLY well.   NOT TO WORRY, we help buyers, just like you, every day and can increase your chances of getting the home you love.

 

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