I was expecting the Warner Robins GA real estate market to really take off in 2012 and instead it stayed in neutral most of the year. While the overall 2012 numbers were close to 2011s totals (see below) there is plenty of room for improvement in all real estate areas in 2013!
Home Sales in Warner Robins GA
In December 2012, there were 38 home sales in Warner Robins GA, with an average sales price over $143K, and a sales price to list price ratio of 97.03%. How does that compare to December 2011? The average sales price was $8K less in December 2012, sales were down 21%, but the average days on market was 32% better than during the same time-frame in 2011. Lower end inventory was the name of the game in 2012.
How can both buyers and sellers gain an advantage in the Warner Robins GA Real Estate market? Employ the services of a local Warner Robins Real Estate Agent who knows and understands the local market.
Warner Robins Real Estate Report Summary
Currently, the Warner Robins real estate market is a buyers market with over 9 months of available inventory (347 properties) to choose from. Overall, the 2012 Warner Robins real estate market, as compared to 2011, is as follows:
- Number of Sales: 496 (Down from 2011, 542)
- Avg Sales Price: $146,304 (Down from 2011, $154,355)
- Avg Days-On-Market, Sold Homes: 97 (Improved over 2011, 105)
- Avg SP/LP Ratio: 97.17 (Down over 2011, 97.56%)
- Currently: 382 Homes are Available
Despite a the market dip in 2012, there is optimism the market will rebound with a strong 2013, showing positive signs of real estate recovery.
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Statistics represent non-foreclosure single family homes and townhouses in Perry GA (Source: CGMLS). Information is deemed reliable, but not guaranteed.
Warner Robins GA Real Estate Market Report, December 2012