Statistically these Paulding County homes have a 60/40 chance of selling. That may not sound great, BUT, that is the best it has been in a 12 month history. Another thing to remember is, todays buyers are able to get 30 year interest rates in the 3-5% range, which is lower than they have EVER been. Buyers are buying Paulding County homes.
Just like any other product that is bought and sold, real estate is affected by supply and demand. The below example is the March 2012 Market Absorption Rate for Paulding County homes priced between $100,000 to $125,000. Using this, we can tell what you should realistically expect to sell your Paulding County home.
Current number of homes on the market _____81 _________
Number of homes that failed to sell in the past 12 months _____445_________
Number of homes that Sold in past 12 months _____239_________
Total number of homes sold per month _____19.92_______
Total Months worth of Inventory _____4.1_ _______
Current number of homes on the market ______81 _____
Number of new inventory for this period ______20.25____
Total Inventory ______101.25___
Number of Homes that will sell ______59.76 ____ __59.9%____
Number of Homes that will not sell ______41.49___ ___40.1%____
Average Sold Price during the last 12 months _$110,550_
Here are the percentages over the last 12 months for Paulding County homes ranging from $100K-125K
% of Homes Months Days on
Month that will sell of Inventory Market
March 2011 27.6% 9.4 74
April 2011 27.3% 8.4 79
May 2011 15.6% 9.7 81
June 2011 32.3% 9.7 81
July 2011 29.3% 9.7 81
August 2011 32.1% 9.0 83
September 2011 38.9% 7.7 85
October 2011 46.1% 5.2 82
November 2011 54.4% 4.4 86
December 2011 49.3% 4.9 87
January 2012 31% 8.9 74
January 2012 52.2% 4.6 86
February 2012 54.1% 4.4 81
March 2012 59.9% 4.1 95
Selling your home today with the right price will cause it to receive multiple offers. Multiple offers creates a war between buyers pushing the price of your home above the listed price. If your home falls into the range of $100,000 to $125,000 and you want to make sure your home is one of the homes that sells as quickly as possible, with as little hassle as possible, and for the most money possible; we believe your list price should be between $105,000 and 110,000.
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 firstname.lastname@example.org
For a FREE List of 3 Plus Bedroom Paulding County Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below.