What are Centerville GA Homes Worth in August 2016?
Have you been wondering what are Centerville Georgia homes worth in August 2016? If so, you will find exactly what you have been seeking in this market analysis. Rest assured, there are details for buyers, investors, and sellers to digest.
This past month saw home sales (13) jump up to the highest total in the past 12 months! However, with only 4 pending sales, this market may have finally turned away from summer and settled into the autumn season. should bounce back next month. Currently, there are 28 properties to choose from in this buyers market (2 months worth of homes available).
Let’s go ahead and see exactly what are Centerville Georgia homes worth in August 2016!
Homes Sales in Centerville GA
The number of home sales in Centerville GA (13 closings) went up by 9 this past month as buyers found homes to their liking. The 12-month average sales total in Centerville GA is 8 sales per month. The average sales price ($194K+) went down from the previous month (by $43K) but that is attributed to consumers finding homes in lower price points more to their liking. The 12-month average sales price is over $182K.
The average sales price to list price ratio came in at 94.42% which was a disappointment and off the annual average (96.95%). The 2 distressed sales contributed to pulling the average down slightly. The number of days-on-market for homes that sold remained solid coming in at 66 days this past month too. The 12-month average is 71 days.
To continue to pique buyer and investor interest, sellers need to keep their home show ready at all times, perform general maintenance, and make sure their home is market priced. When those conditions are present, the home will have its best opportunity to be seen and sold!
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 favors buyers with 8 months of available inventory (31 homes) to choose from. The averages and totals for the real estate market in Centerville GA in August 2016 are as follows:
- Average Sales Price: $194,923
- Median Sales Price $190,000
- Number of Monthly Sales: 13
- Number of Distressed Sales: 2
- Average Days-On-Market, Sold Homes: 66
- Average SP/LP Ratio: 94.42%
- Highest Priced Sale: $550,000
- Lowest Priced Sale: $43,001
- Highest Priced Listing: $489,000
- Lowest Priced Listing: $67,500
- Largest Home on the Market: 5,006 sq ft
- Smallest Home on the Market: 1,174 sq ft
There are excellent opportunities for all consumers in Centerville GA right now. Like all markets in Houston County, those who act quickly are going to get the best deals.
Find Centerville GA Homes for Sale
For a complete list of available real estate in Centerville GA, visit Centerville Homes for Sale. 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 home buying needs.
You can check out last month’s report here: Centerville GA Real Estate Report July 2016.
SO…What are Centerville Georgia Homes Worth in August 2016?
Statistics represent single family homes and townhouses in Centerville GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.