Home Sales in Bonaire Georgia in April 2017
If you have been looking for the number of home sales in Bonaire GA in April 2017 you are in the right spot. That number and plenty of other statistics about the real estate market in this community will be explored in this month’s analysis. Whatever your real estate situation, there is a lot of information in this report to help you find the correct solution for your needs.
The real estate market in Bonaire GA had 37 closings this past month (up 2 over the previous month). In comparison, there was only 24 homes that closed this time last year. The sales numbers this past month could have been significantly higher but inventory is very limited right now (3 months worth of homes available). When potential sellers start putting their Bonaire GA homes on the market with more regularity, the number of closings should start to climb again.
With 41 pending sales (down 6 from the previous month), it is good to see continued activity in this community. However, with only 120 homes available (up 9 over the previous month), sellers need to keep their home updated and well maintained to have the best opportunity to sell right now.
No reason to delay so let’s go ahead and jump in to determine what the home sales in Bonaire GA in April 2017 looked like!
Bonaire GA Homes Sales
With 37 homes sales in Bonaire GA in April 2017 (increase of 2 over the previous month), this market is heating up! The annual average home sales in this community is 37 closings. Average days on market for homes that sold was 82 days this past month, slightly off the the 12-month average of 72 days and 10 days better than the same time-frame last year.
The average sales price came in at $189K+, $18K less than the previous month, and $9K less than the 12-month average of $198K. Homes in all price points have a good opportunity to be seen and sold in this market right now, especially if they are market priced and well maintained!
The sales price to list price ratio (SP/LP) was solid at 99.14% last month. The 12-month average is 98.68%. When buyers and investors locate a property they want, they are making decent offers giving sellers an incentive to negotiate and sell their property. What they are not doing is overpaying in this market.
How can both buyers and sellers gain an advantage in the current Bonaire GA Real Estate market? Employ the services of a local Bonaire Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Bonaire GA Real Estate Market
Currently, the Bonaire GA real estate market favors sellers with 3+ months of available inventory (120 homes) to choose from. To review the home sales in Bonaire GA in April 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $189,439
- Median Sales Price: $185,900
- Number of Monthly Sales: 37
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 82
- Average Sales Price /List Price Ratio: 99.14%
- Highest Priced Sale: $364,475
- Lowest Priced Sale: $71,000
- Highest Priced Listing: $674,900
- Lowest Priced Listing: $69,900
- Largest Home on the Market: 7,986 sq ft
- Smallest Home on the Market: 1,070 sq ft
This is a good real estate market to be part of for buyers, investors, and sellers. Do not delay or you may miss out on the home of your dreams in Bonaire GA!
Find Bonaire GA Homes for Sale
For a complete list of the available real estate in Bonaire GA and all of Houston County, search all the available Bonaire GA homes for sale. As always, subscribe to my newsletter so you do not miss out on any Bonaire home deals!
Call me at (478) 960-8055 to find out what your Bonaire GA home is worth or so we can discuss your housing needs.
You can check out last month’s report here: Bonaire GA Real Estate Report for March 2017
Review The Home Sales in Bonaire GA in April 2017
Statistics represent single family homes and townhouses in Bonaire GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
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