Centerville GA Real Estate Market in February 2014

Did the winter weather continue to have this market in a deep freeze? Or is it thawing out in time for spring buyers. By all accounts the latter appears to be where the Centerville GA Real Estate Market in February 2014 was headed. With nearly 9 months of available inventory, this city clearly favors buyers right now. However, sellers should not let that deter them…a market condition priced and well maintained home will get numerous opportunities to win over consumers in this market.

What are the expectations from this real estate report? How about an analysis of the current market and a preview of where it is likely headed near-term. Hop aboard and let’s see what the Centerville GA real estate market in February 2014 has been up to!

Homes Sales in Centerville GA

There were 5 home sales in Centerville GA last month, up 60% from January’s unremarkable total. A quick comparison to February 2013 shows that sales were exactly the same. Another positive trend was the number of pending sales (13) which was a good indicator the Centerville GA real estate market in February 2014 is beginning to heat up.

The average sales price took a dip to $84K (down $60K from the 12-month average) but that can be attributed to 3 of 5 sales going to distressed home buyers. The number of days on market for homes that sold (109 days) tracked consistently with the 12-month average (105 days), and although the sales price to list price dipped (94.75%) it was not too far off the annual total of 95.99%. Homes continue to sell in Centerville GA, with distressed property buyers purchasing 60% of the sold homes this past month. My advice to sellers is to not panic but instead stay-the-course in this market, assuming their home is already priced according to market conditions…it is not a time to panic!

How can all real estate consumers gain an advantage in the Centerville GA Real Estate market? Employ the services of a local Centerville Real Estate Agent who knows how this real estate market is performing. When ready, I look forward to discussing your real estate options with you!

Centerville Real Estate Market Summary

Currently, the Centerville real estate market is a severe buyers market with 20 months of available inventory (40 homes) to choose from. The averages and totals for the Centerville GA real estate market in February 2014 are as follows:

  • Average Sales Price: $84,025
  • Median Sales Price $73,000
  • Number of Monthly Sales: 5
  • Average Days-On-Market, Sold Homes: 109
  • Average SP/LP Ratio: 94.75%
  • Highest Priced Sale: $132,000
  • Lowest Priced Sale: $28,625
  • Highest Priced Listing: $489,900
  • Lowest Priced Listing: $83,000
  • Largest Home on the Market: 5,223 sq ft
  • Smallest Home on the Market: 1,204

Find Centerville GA Homes for Sale

For a complete list of available real estate in Centerville GA, visit . Make sure and subscribe to my newsletter so you do not miss out on any Centerville home deals!

Call me at (478) 960-8055 to find out what your Centerville GA home is worth or so we can discuss your housing needs.

Centerville GA Real Estate Market in February 2014

Statistics represent single family homes and townhouses in Centerville GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.

About Anita Clark Realtor

Anita Clark has written 1229 posts on this blog.

Anita is a residential Real Estate Agent in Warner Robins Georgia, with Coldwell Banker SSK Realtors (478) 953-8595, aiding buyers and sellers with all their real estate questions on her Warner Robins blog.