2012 was a good year to buy or sell Kathleen GA real estate. Buyers flocked to this community for new construction and resales while sellers reaped the rewards with quick sales and climbing prices. Going forward, demand will remain high so patient sellers will get plenty of opportunities to sell their homoes in 2013.
Home Sales in Kathleen GA
In December 2012, there were 10 home sales in Kathleen GA with an outstanding average sales price to list price ratio (SP/LP) of 99.61%. Although sales hit their 2nd lowest total this year (behind February), there is no reason for alarm, as sold homes kept their value and sold for almost full price. Sellers took advantage of the current market as a diversified mix of buyers purchased homes.
Compared to the same time-frame in 2011, last month sales were up 30%, average sales price was up 6%, SP/LP was up 3.08%, and homes sold in 21 less days. This market continues to improve and an exceptional 2013 is not out of the question.
How can both buyers and sellers gain an advantage in the Kathleen GA Real Estate market? Employ the services of a local Kathleen Real Estate Agent who knows and understands the Kathleen real estate market.
Kathleen Real Estate Report Summary
Currently, the Kathleen real estate market is a buyers market with nearly 10 months worth of available inventory for consumers to choose from. Reasonable housing prices and low interest rates are excellent reasons for new buyers to jump in the market. Overall, the 2012 Kathleen real estate market, as compared to 2011, is as follows:
- Number of Sales: 165 (Up from 2011, 114)
- Avg Sales Price: $188,911 (Down from 2011, $198,758)
- Avg Days-On-Market, Sold Homes: 77 (Improved over 2011, 84)
- Avg SP/LP Ratio: 98.31 (Up over 2011, 97.22%)
- Currently: 100 Homes are Available
Despite a dip in the average sales price in 2012, driven by lower priced new construction, the statistics are trending positively and show recovery is occuring.
Find Homes for Sale in Kathleen GA
For a complete list of available Kathleen Real Estate, visit Homes for Sale in Kathleen GA. Subscribe to my newsletter so you do not miss any future deals.
Call me at (478) 960-8055 to find out what your Kathleen GA home is worth in today’s market.
Statistics represent non-foreclosure single family homes and townhouses in Kathleen GA (Source: CGMLS). Information is deemed reliable, but not guaranteed.
Kathleen GA Real Estate Market Report, December 2012