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The Market is shifting! Sell Paulding County Homes NOW While You Can!

Posted by Craig Summers on August 14, 2014
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We’re not kidding around. The percentage of homes that will sell has dropped 62.9% in two short months. The hedge fund buyers are backing out. We’ll get straight to the point and show you. Below is the June 2013 Market Absorption for Paulding County homes ranging from $125K-150K

Current number of homes on the market

63
Number of homes that failed to sell in the past 12 months 597
Number of homes that Sold in past 12 months
201
Total number of homes sold per month

16.75
Total Months worth of Inventory

3.8

Percentage

Current number of homes on the market
63

Number of new inventory for this period
15.75

Total Inventory

78.75

Number of Homes that will sell

50.25
63.8%
Number of Homes that will not sell
28.5
36.2%
Average Sold Price during the last 12 months _$132,046_

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
July 2012 56.3% 4.3 28
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 2012 63.8% 3.8 32

Again, in the two months the percentage of homes that WILL sell dropped a MASSIVE 62.9%. This is right in the middle of the home selling season. We’ve been saying the buying frenzy would not continue and it has not. 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 seem to be backing out as well.

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.