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Paulding County Homes: The Summer Selling Dip Arrived!

Posted by RCPAP on June 2, 2017
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A ton of Real Estate Insiders are always saying, “Summer is the best time to sell a home.”  IT’S SIMPLY NOT TRUE!  Every Year, for the past 8 years, January through April have been the BEST months to get your home SOLD!  We’ve been saying that the selling market would dip in June for a couple of months, it did!  In June, kids get out of school and people are focused on vacation and getting the kids settled for summer.  Don’t freak out, there is a really good chance sales will increase again in July.  Folks should return from vacation and have their kids settled for the summer.  However, don’t be to much at ease, come August people will be more focused on getting their kids back to school and getting back to their normal routines.  After that they’ll begin focusing on the Holidays and the chances of selling will DECREASE AGAIN!  If you want to get your home SOLD, get it on the market right now!

The Paulding County home selling statistics listed below are from June 2017 Market Absorption Rate for Paulding County homes priced between $100,000 and $125,000.

Current number of homes on the market 20
Number of homes that failed to sell in the past 12 months 73
Number of homes that Sold in past 12 months 380
Total number of homes sold per month 31.67
Total Months worth of Inventory 0.6
   
Percentage
Current number of homes on the market 20
Number of new inventory for this period 5
Total Inventory 25
Number of Homes that will sell 95 380.0%
Number of Homes that will not sell -70 -280.0%

Average Sold Price during the last 12 months                             _$114,448_

% of Homes Months Days on
Month that will sell of Inventory Market
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
April 2017 432.20% 0.6 48
May 2017 461.20% 0.5 47
June 2017 380.00% 0.6 46

Even though the market dipped 87.2% from May to June, June 2017 is still up 198.7% from June 2016.  Keep in mind, July through December are typically the lowest selling chances all year.  DON’T WAIT any longer, list your home today.

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