Homes in the $175K-200K price range that are on the market longer than 90 days have a 76% chance of not selling at all!  If you want to sell your higher end Dallas Georgia Home, you've got to price it right!  Let's look at the absorption rate so we can tell what you should realistically expect to receive for your home in today's market.

For Dallas Georgia Homes, here is the June 2011 Market Absorption for homes ranging from $175K-200K.

Current number of homes on the market                                            _____85 _________
Number of homes that failed to sell in the past 12 months                _____308_________
Number of homes that Sold in past 12 months                                  _____102_________
Total number of homes sold per month                                              _____8.5_______
Total Months worth of Inventory                                                       _____10.1_   _______

Current number of homes on the market                    ______85  ________
Number of new inventory for this period                   ______21.25_______
Total Inventory                                                           ______106.25______
Number of Homes that will sell                                  ______25.5 ______              ___24%____
Number of Homes that will not sell                            ______80.75_____              ___76%____

 Average Sold Price during the last 12 months                             _$183,574_

Today's market is full of Dallas Georgia homes that have been foreclosed on.  Banks and Government institutions are pricing these Dallas Georgia homes to sell.  If you want to make sure your Dallas Georgia home is one of the homes that sells as quickly as possible and with as little hassle as possible, you must have a competitive price.  You may say, "but my home is not a foreclosure."  I am going to be blunt and honest, buyers don't care.  They are looking for the best deal for their money!  Buyers are focused on price and the rest of their criteria falls in line behind the price they want to pay.  If you don't price your Dallas Georgia home correctly, it will sit on the market and you will have to continually reduce your asking price until you've gone well below the market AND you will have paid many more mortgage payments while you wait to sell your home. 

For the $175K-200K price range we believe your list price should be between $164,900 and $169,900.  The closer you get your price to $164,900, the more quickly you'll be able to sell your home. 

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