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Sellers – Paulding County Home Sales Have Taken a DIVE, But We Can Help!

Posted by Craig Summers on July 20, 2012
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The market has been on a roller coaster ride in the last year. The percentage of homes that will sell went through the rough and has dropped an enormous 67.7% in just four short months. A big part of this is because the hedge fund buyers are no longer buying homes in the Atlanta market. We’ll show you what we’re talking about. Below is the July 2013 Market Absorption for Paulding County homes ranging from $125K-150K

Current number of homes on the market

73

Number of homes that failed to sell in the past 12 months

603

Number of homes that Sold in past 12 months

216

Total number of homes sold per month

18.00

Total Months worth of Inventory

4.1

Percentage

Current number of homes on the market

73

Number of new inventory for this period

18.25

Total Inventory

91.25

Number of Homes that will sell

54

59.2%

Number of Homes that will not sell

37.25

40.8%

Average Sold Price during the last 12 months _$132,538_

Here are the percentages over the last 12 months for Paulding County homes ranging from $125K-150K
% of Homes Months Days on
Month that will sell of Inventory Market
August 2012 54.5% 4.4 28
September 2012 61.7% 3.9 28
October 2012 67.8% 3.5 31
November 2012 79.6% 3.0 31
December 2012 92.1% 2.6 33
January 2013 103.8% 2.3 29
February 2013 108.1% 2.2 37
March 2013 126.9% 1.9 29
April 2013 126.7% 1.9 32
May 2013 89.1% 2.7 32
June 2013 63.8% 3.8 32
July 2013 59.2% 4.1 31

Again, in the four months the percentage of homes that WILL sell dropped a MASSIVE 67.7%. This is right in the middle of the home selling season. The buying frenzy has come to a hault. Interest rates have gone up, owner occupant buyers have gotten frustrated with the buying process and decided not to buy. Now the hedge fund buyers that were inflating the market have moved to other markets.

So what does this mean for Paulding County Homes? Now, you’ve got to have a SKILLFUL plan to sell Paulding County homes. If you want to sell your Paulding County Home we have the secret to going from “For Sale” to “SOLD.” We can help you make your home one of the homes that sells in 30 days or less. So what is the secret? For that information, you’ll need to call me at 404 374 1620 or email me at craig@pauldingandpolk.com

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 craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Paulding County Homes under $150,000 with prices, addresses, and descriptions click the link or fill out the form below.