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Spring & Summer Are Coming, Buy Paulding County Homes NOW Before It Becomes A Seller

Posted by RCPAP on January 8, 2016
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The chance of selling Paulding County homes dipped slightly in February, but don’t let that fool you. From December to January they jumped an IMPRESSIVE 12.7%. We believe February is the calm before the storm. The spring selling season begins in March and we expect Spring & Summer of 2015 to be the next big upswing in the market. The chance of selling may go back above 100%. If you’ve been waiting to buy, NOW IS THE TIME! When the market gets stronger it is NOT good for buyers because seller’s can demand higher pricing. There is still time to buy while the number of homes on the market is high and the chances of selling are moderate. The below is the February 2015 market absorption rate of Paulding County homes priced between $100,000 to $125,000. It shows that it would take 3.8 Months to sell all the homes currently on the market, IF no other homes were listed. Don’t wait though, because you can see the average number of days on the market is still only 21. That’s extremely low!

Current number of homes on the market

105

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

692

Number of homes that Sold in past 12 months

336

Total number of homes sold per month

28.00

Total Months worth of Inventory

3.8

Percentage

Current number of homes on the market

105

Number of new inventory for this period

26.25

Total Inventory

131.25

Number of Homes that will sell

84

64.0%

Number of Homes that will not sell

47.25

36.0%

Average Sold Price during the last 12 months _$109,503_

% of Homes Months Days on
Month that will sell of Inventory Market
March 2014 79.3% 3.0 19
April 2014 76.5% 3.1 19
May 2014 72.1% 3.3 19
June 2014 71% 3.4 18
July 2014 68.6% 3.5 18
August 2014 57.7% 4.2 19
September 2014 55.5% 4.3 19
October 2014 50.7% 4.7 18
November 2014 54.5% 4.4 19
December 2014 57.2% 4.2 19
January 2015 69.9% 3.4 20
February 2015 64% 3.8 21

The days on market has been hovering around 20 days for the last 12 months! This tells us that demand for the best homes is still EXTREMELY HIGH and they are selling very fast, which is keeping this number extremely low. It also tells us that competition is extremely high for the nicest homes with the nicest prices. If you’re looking for a home that is move in ready and you’d better be ready to offer the day it hits the market! A real estate professional can better your chances of getting the home you love. We help buyers, just like you, every day by reducing the stress of home buying.

There is a lot of free information available to you about buying, selling or investing in Paulding County homes. For complete information about the Paulding County home market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Paulding County homes 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 you. 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.

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