Chances of selling Paulding County Homes have been completely unbelievable for the last twelve months. Chances of selling dropped later in 2016, but in December they began to creep back up and now have dramatically increased! This does not mean you can’t/won’t find a fantastic home, it just means you’ll need professional help to do it. We expect the chances of selling will get even more unbelievable in February 2017. Don’t get discouraged, if you want a home, you can still get an amazing deal with the right help.
The below is the January 2017 market absorption rate of Paulding County homes priced between $100,000 to $125,000.
| Current number of homes on the market | 36 | ||||||
| Number of homes that failed to sell in the past 12 months | 92 | ||||||
| Number of homes that Sold in past 12 months | 408 | ||||||
| Total number of homes sold per month | 34.00 | ||||||
| Total Months worth of Inventory | 1.1 | ||||||
| Percentage | |||||||
| Current number of homes on the market | 36 | ||||||
| Number of new inventory for this period | 9 | ||||||
| Total Inventory | 45 | ||||||
| Number of Homes that will sell | 102 | 226.7% | |||||
| Number of Homes that will not sell | -57 | -126.7% | |||||
Average Sold Price during the last 12 months _$114,092
| % of Homes | Months | Days on | |
| Month | that will sell | of Inventory | Market |
| 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 |
| January 2017 | 226.70% | 1.1 | 54 |
This data demonstrates that demand and competition for Paulding County homes is ASTONISHINGLY HIGH. You’d better be ready to offer the day a home hits the market, if you’re looking for a home that is move in ready! We help buyers, just like you, every day and can better 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
