What are Centerville GA Homes Worth in December 2016?
If you are in the market for a middle GA home, there is no doubt you have wanted to know what are Centerville homes worth in December 2016. Fortunately, the answer to that question and many others about the real estate market in Centerville GA will be answered in this monthly analysis.
In this smaller market, home sales (6) were a bit disappointing, but with the cooler temperatures many buyers decided to wait a bit longer and let the weather get warmer before venturing out to look at homes. The 12-month average is 8 sales for this community. With only 1 pending sale (down 5 from the previous month), this market looks like it may take awhile to start heating up again. Currently, there are only 26 properties to choose from in this sellers market (down 1 from the previous month).
No need to wait…let’s preview this market and determine what Centerville homes are worth in December 2016!
Homes Sales in Centerville GA
The number of home closings in Centerville GA (6 sales) stayed the same as the previous month as consumers shopped for properties in other parts of middle GA. The 12-month average sales total in Centerville GA is 8 sales per month. The average sales price ($100K+) went down considerably from the previous month (by $104K), but sellers should not be alarmed, as buyers and investors bought homes in the lower price tiers. The 12-month average sales price is over $167K.
The average sales price to list price ratio came in at 94.61% which was a good indicator that sellers must market price their home if they want to net a great return. The number of days-on-market for homes that sold came in at a decent 38 days this past month. The 12-month average is 66 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 sellers with 4 months of available inventory (26 homes) to choose from. The averages and totals for the real estate market in Centerville GA are as follows:
- Average Sales Price: $100,583
- Median Sales Price $89,500
- Number of Monthly Sales: 6
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 38
- Average SP/LP Ratio: 94.61%
- Highest Priced Sale: $190,000
- Lowest Priced Sale: $25,000
- Highest Priced Listing: $510,000
- Lowest Priced Listing: $64,900
- Largest Home on the Market: 5,015 sq ft
- Smallest Home on the Market: 1,137 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 the Available Centerville Homes. 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 November 2016.
SO…What are Centerville Homes Worth in December 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.