Just like any other product that is bought and sold, real estate is affected by supply and demand. By determining the Dallas Georgia Home selling absorption rate we can tell what you should realistically sell your Dallas Georgia home for. Let's look at the below example, it is a for all the homes in Paulding County priced between $150,000 to $175,000. Statistically Dallas Georgia Homes in the $150K-175K price range that are on the market longer than 90 days have a 62.4% chance of not selling at all!
For Dallas Georgia Homes, here is the June 2011 Market Absorption for Dallas Georgia homes ranging from $150K-175K.
Current number of homes on the market _____67 _________
Number of homes that failed to sell in the past 12 months _____382_________
Number of homes that Sold in past 12 months _____126_________
Total number of homes sold per month _____10.50_______
Total Months worth of Inventory _____6.4_ _______
Current number of homes on the market ______67 ________
Number of new inventory for this period ______16.75_______
Total Inventory ______83.75______
Number of Homes that will sell ______31.5 ______ ___37.6%____
Number of Homes that will not sell ______52.25_____ ___62.4%____
Average Sold Price during the last 12 months _$157,363_
If you want to make sure your Dallas Georgia home in the $150K to $175K price range is one that sells as quickly as possible and with as little hassle as possible, we believe you need to be the best priced Dallas Georgia Home, in this price range, on the market. Therefore, you should list your home between $141,500 and $149,500.
For a FREE Weekly List of 3 Plus Bedroom Dallas Georgia Homes under $100,000 with prices, addresses, and descriptions click the link, fill out the form below or call 877 566 0511 Ext. 4010
