Kathleen Georgia Real Estate Market Report, January 2013

This Kathleen Georgia Real Estate Market Report provides a snapshot of the number of Kathleen Georgia active listings, pending sales, and overall sales over the last 90 days. It also further breaks down the overall January 2013 market, providing both buyers and sellers in the Kathleen real estate market a synopsis of how the market is currently performing, and what they can expect in the near term in this community.

Kathleen Georgia Active Listings

The number of Kathleen Georgia active listings dropped across the board in January 2013. Standard listings were down 8% and foreclosures were down 60% from December. As a reminder, foreclosures are lender owned properties. Fortunately, the number of short sales (homeowner owned but attempting to sell for less than is owed (with lender approval)) remained very low in this community over the last 90 days.

Currently, the real estate market in Kathleen is a balanced market with 8 months of available inventory for buyers to choose from. Sellers who are keen on entering the market need to ensure their home is well maintained and priced according to the current market conditions to have the best opportunity of selling.

Kathleen Georgia Pending Sales

It is encouraging to see Kathleen Georgia pending sales on the rise over the last quarter (up 30%) as that indicates serious buyers are purchasing when they find a home they like. This bodes well for both February and March sales too and should help carry the Kathleen Georgia real estate market into spring.

Foreclosures continue to sell, with an uptick in January pending sales over the previous 2 months. Investors looking for a bargain need to be in this market right now!

Kathleen Georgia Home Sales

Kathleen Georgia Home Sales have been going down as the weather has gotten colder, however that trend should reverse next month as many of the pending sales close out. The good news is distressed homes continue to sell in this market, leaving few foreclosure options for interested buyers.

The highest priced sale last month was $286,000 and the lowest was $80,000.

How can both buyers and sellers gain an advantage in the Kathleen 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 balanced (meaning it does not favor buyers or sellers) with 8 months worth of homes on the market. Overall, the January 2013 Kathleen real estate averages and totals are as follows:

Avg Sales Price: $193,558 (Up over Dec 2012, $190,237)
# of Monthly Sales: 12 (Up over Dec 2012, 10)
Avg Days-On-Market, Sold Homes: 140 (Down from Dec 2012, 108)
Avg SP/LP Ratio: 96.64 (Down over Dec 2012, 99.61%)
Highest Priced Listing: $575,000
Lowest Priced Listing: $120,000
Largest Home on the Market: 5,084 sq ft
Smallest Home on the Market: 1,500 sq ft
Median Price of Available Homes: $209,900

Homes for Sale in Kathleen Georgia

For a complete list of available Kathleen Real Estate, visit Homes for Sale in Kathleen Georgia. Make sure and subscribe to my newsletter so you get notified as soon as homes for sale in Kathleen Georgia hit the market.

Call me at (478) 960-8055 to find out what your Kathleen home is worth or to discuss your housing needs.

Statistics represent homes and condos/townhouses for sale in Kathleen Georgia (Source: CGMLS). Information is deemed reliable, but not guaranteed.