Folks in the real estate sales & investing industry have been telling me for years, “Summer is the best time to sell a home.” That statement is NOT TRUE! The Winter months are the best time to have Paulding County homes on the market. The winter sales season has already gotten under way! The chances of selling Paulding County homes started increasing in December and will peak February 2017. Get your home ready and put it on the market in December in order to sell in February. Don’t believe me? Look at the data below!
The Paulding County home selling statistics listed below are from December 2016 Market Absorption Rate for Paulding County homes priced between $100,000 and $125,000.
| Current number of homes on the market | 47 | ||||||
| Number of homes that failed to sell in the past 12 months | 107 | ||||||
| Number of homes that Sold in past 12 months | 408 | ||||||
| Total number of homes sold per month | 34.00 | ||||||
| Total Months worth of Inventory | 1.4 | ||||||
| Percentage | |||||||
| Current number of homes on the market | 47 | ||||||
| Number of new inventory for this period | 11.75 | ||||||
| Total Inventory | 58.75 | ||||||
| Number of Homes that will sell | 102 | 173.6% | |||||
| Number of Homes that will not sell | -43.25 | -73.6% | |||||
Average Sold Price during the last 12 months _$114,334_
| % of Homes | Months | Days on | |
| Month | that will sell | of Inventory | Market |
| December 2015 | 109.70% | 2.2 | 59 |
| January 2016 | 118.10% | 2 | 58 |
| February 2016 | 492.90% | 0.5 | 57 |
| March 2016 | 382.70% | 0.6 | 58 |
| April 2016 | 311.40% | 0.8 | 58 |
| May 2016 | 255.30% | 0.9 | 57 |
| 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 |
The statistics show that Paulding County homes have had over 100% chance selling most all year, but with the days on market hovering around 50 days, to sell in the top selling month of February, your home needs to get on the market in December. DON’T WAIT any longer before you put your home on the market, the chances of selling will decrease each month after February.
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
