Warner Robins Georgia Real Estate Market Report – Sept 2011
With the exception of January 2011, which had several high priced hold-over sales from 2010, the past 12 months for the Warner Robins real estate market has been remarkably steady. With an average of 42 sales per month and an average sales price of just over $157K, homes that have been well maintained, updated as necessary, and priced based on current market conditions have typically sold in just over 3 months.
Why 3 months? Plain and simple, it’s a buyers market. Warner Robins GA has 10 months worth of non-foreclosure inventory so buyers can be choosy when looking for their ideal home. That doesn’t mean sellers are giving their homes away, as evident by the 97.44 average sales price to list price ratio….meaning buyers can expect to pay nearly $195K for a $200K home.
Remember, real estate is local. For our market, homes are selling! Expect modest gains for some sellers and a few bargains for buyers. Like all markets, employing the services of a Realtor who knows the area and understands the Warner Robins real estate market is invaluable.
Statistics represent ONLY non-foreclosure, single family homes in Warner Robins, for Oct 2010 – Sept 2011 (Source: CGMLS).
For a complete list of available Warner Robins GA Homes For Sale, visit my Warner Robins Real Estate Website or call me at (478) 960-8055 so we can discuss your housing needs.