Contact Information

Craig Summers
Cobb County Realty's Paulding & Polk Team
PO Box: 2523
Dallas, GA, 30132
Cell: 404 374 1620
Fax: 877 201 0627
Can You Sell Your Dallas Georgia Home in Today's Market? Yes You Can! | Print |

Just like any other product that is bought and sold, real estate is affected by supply and demand.  By determining the absorption rate we can tell what you should realistically expect to receive for your Dallas Georgia Home sale.  Let's look at the below example, it is a for all the Dallas Georgia homes priced between $150,000 to $175,000. 

Statistically homes that don't sell in 90 days or less sell at a lower price.  Homes in the $150K-175K price range that are on the market longer than 90 days have a 69.9% chance of not selling! 

So how can you sell your Dallas Georgia Home?  Lets look at the Dallas Georgia market absorption rate.

For Dallas Georgia Homes, here is the November 2011 Market Absorption for homes ranging from $150K-175K.

Current number of homes on the market                                            _____81 _________
Number of homes that failed to sell in the past 12 months                _____424_________
Number of homes that Sold in past 12 months                                  _____122_________
Total number of homes sold per month                                              _____10.16_______
Total Months worth of Inventory                                                       _____7.97_   _______

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                                  ______30.48 ______              ___30.1%____
Number of Homes that will not sell                            ______70.77_____              ___69.9%____

 Average Sold Price during the last 12 months                             _$156,695_

 

There are 10.16 Dallas Georgia homes selling each month in the $150K-175K price range.  There are only 81 Dallas Georgia homes on the market and it will only take 7.97 months to sell all of these homes in this price range.  This means the the demand is increasing, supply is low, and prices are begining to rise.  The average sold price in the $150K-175K price range during the last 12 months in Dallas Georgia was $156,695.  In this environment we are seeing homes that are priced at or below this price get multiple offers.  This means people who are interested will offer more than the list price for the home.  They get into an offer war and the price point gets pushed up.  If you want to make sure you are able to sell your Dallas Georgia home for the best possible price, you need to sell today!  Over the next few months prices should rise further.  We suspect in the spring of 2012 we will see prices go up even more.  DON'T WAIT!  If you want to sell your Dallas Georgia home in the $150K-175K price range you need to get it on the market for $139,900 to $145,900. 

For a FREE List of 3 Plus Bedroom Dallas Georgia Homes under $150,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010

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