This Byron Georgia Real Estate Market Report provides a preview of the number of Byron Georgia active listings, pending sales, and overall sales over the last 90 days. It also breaks down the overall January 2013 market, giving both buyers and sellers in the Byron real estate market a synopsis of how the market is currently performing, and what they can expect in the near term in this community.
Byron Georgia Active Listings
Quite surprisingly, the number of Byron Georgia active listings fell off the winter pace set by the 2 previous holiday months. New sellers are needed to infuse some fresh inventory into this community, especially now that the distressed properties have been depleted.
On a positive note, for the first time in many months, there were no active foreclosures in this market. As a reminder, foreclosures are lender owned properties.
For the 3rd consecutive month there were zero active short sales (i.e. homeowner owned but attempting to sell for less than is owed (with lender approval)) in Byron Georgia.
Byron Georgia Pending Sales
It is a very good time to have your home on the market as the Byron Georgia Pending Sales went up for the 3rd straight month which indicates serious buyers are finding homes they like and making acceptable offers. It looks to be a strong spring with plenty of sales on the horizon for the Byron Georgia real estate market.
With no new foreclosures or short sales on the market, this community has an opportunity to see home prices slowly rise as the busy summer season approaches. Savvy investors have options in this city but need to act quickly as the best deals are selling rapidly!
Byron Georgia Home Sales
While Byron Georgia Home Sales have gone down each month in the last 90 days, it has been good to see distressed homes leaving the market. With numerous pendings working their way through the system, sales are expected to go up into spring and through the summer.
This market is currently a sellers market with only 4 months of available inventory to choose from. The highest priced sale last month was $325,000 and the lowest was $45,000 (foreclosure).
How can both buyers and sellers gain an advantage in the Byron real estate market? Employ the services of a local Byron real estate agent who knows and understands the Byron real estate market.
Byron Real Estate Report Summary
Currently, the Byron real estate market is a sellers market with only 4 months worth of available inventory on the market. Overall, the January 2013 Byron real estate averages and totals are as follows:
- Avg Sales Price: $117,746 (Up over Dec 2012, $105,270)
- # of Monthly Sales: 4 (Down over Dec 2012, 5)
- Avg Days-On-Market, Sold Homes: 30 (Up from Dec 2012, 82)
- Avg SP/LP Ratio: 98.95 (Up over Dec 2012, 98.47%)
- Highest Priced Listing: $164,900
- Lowest Priced Listing: $97,000
- Largest Home on the Market: 2,167 sq ft
- Smallest Home on the Market: 1,256 sq ft
- Median Price of Available Homes: $139,075
Homes for Sale in Byron Georgia
For a complete list of available Byron Real Estate, visit Homes for Sale in Byron Georgia. Make sure and subscribe to my newsletter so you get notified as soon as homes for sale in Byron Georgia hit the market.
Call me at (478) 960-8055 to find out what your Byron GA home is worth or to discuss your housing needs.
Statistics represent homes and condos/townhouses for sale in Byron Georgia (Source: CGMLS). Information is deemed reliable, but not guaranteed.
Byron Georgia Real Estate Market Report, January 2013