Perry GA Real Estate Market in February 2014

The Perry GA Real Estate Market in February 2014 has shifted over to a buyers market which means sellers need to keep their home looking its best or it may get passed over by consumers who have many choices in this market. Hopefully the winter weather has passed us by and this real estate market can get its leverage back…time will tell!

Is it a good time for buyers and investors to jump into the market? Should sellers list or wait? These questions and more will be answered as we take a long look at Perry GA real estate market in February 2014.

Homes Sales in Perry GA

A bit disappointing after January’s strong showing but there were only 12 home sales in Perry GA last month, down 4 from the previous month and 2 off the 12-month average. With 137 properties for consumers to choose from, there are plenty of homes for both buyers and investors to pick through right now. The available inventory represents 11.4 months worth of homes on the market.

The average sales price was only $110K (down $29k from the 12-month average) as many buyers either purchased distressed homes, lower priced properties, or opted for houses in other communities this past month. This is an excellent that  sellers must ensure their home is listed at a price the current market can handle.

A quick comparison to the February 2012 market shows homes in February 2013 sold for $18K more and had a slightly higher sales price to list price (SP/LP) ratio (88.81% to 88.66%). This is positive and with 26 homes currently under contract, the spring market should begin to once again pickup momentum.

How can both buyers and sellers gain an advantage in the Perry GA Real Estate market? Employ the services of a local Perry Real Estate Agent who knows and understands the nuances of this market.

Perry Real Estate Market Summary

Currently, the Perry real estate market is slanted towards buyers with over 11 months of available inventory (137 homes) to choose from. The averages and totals for the Perry GA real estate market in February 2014 are as follows:

  • Average Sales Price: $110,524
  • Median Sales Price: $116,450
  • Number of Monthly Sales: 12
  • Average Days-On-Market, Sold Homes: 183
  • Average SP/LP Ratio: 88.81%
  • Highest Priced Sale: $180,900
  • Lowest Priced Sale: $2,500
  • Highest Priced Listing: $1,200,000
  • Lowest Priced Listing: $15,000
  • Largest Home on the Market: 10,128 sq ft
  • Smallest Home on the Market: 482

Find Perry GA Homes for Sale

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

Call me at (478) 960-8055 to determine what your Perry GA home is worth in this market or so we can discuss your home buying needs.

Perry GA Real Estate Market in February 2014

Statistics represent non-foreclosure single family homes and townhouses in Perry 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.