Home Sales in Bonaire Georgia in February 2017

This month’s report covers the home sales in Bonaire GA in February 2017 as well as other pertinent information to help both buyers and sellers make smart real estate decisions in this market. Is it the right time to put your property on the market? Is it a good time to buy a home in this community? There is plenty of information in this report to help you find the right answer for your situation.

The real estate market in Bonaire GA had 27 closings this past month (up 5 over the previous month). In comparison, there were 25 homes that closed this time last year. The sales numbers this past month could have been even higher but inventory is limited right now (4 months worth available). When potential sellers start putting their Bonaire GA homes on the market with more regularity, the sales numbers should start to grow again.

This market may be heating up though because with 27 pending sales (up 2 over the previous month), both buyers and investors are finding properties to their liking in Bonaire right now. However, with only 121 houses available (up 2 over the previous month), sellers need to keep their home looking its best 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 February 2017 looked like!

Bonaire GA Homes Sales

With 27 homes sales in Bonaire GA in February 2017 (up 5 over the previous month), this market appears to be coming out of its winter slow down. The annual average home sales in this community is 36 closings. Average days on market for homes that sold was 70 days this past month, slightly off the the 12-month average of 73 days.

The average sales price came in at $200K+, $21K less than the previous month, but $3K more than the 12-month average of $197K. 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 a decent 98.71% last month. The 12-month average is 98.58%. 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 4+ months of available inventory (121 homes) to choose from. To review the home sales in Bonaire GA in February 2017 as well as other closing information, check out the following statistics:

  • Average Sales Price: $200,412
  • Median Sales Price: $186,900
  • Number of Monthly Sales: 27
  • Number of Distressed Sales: 3
  • Average Days-On-Market, Sold Homes: 70
  • Average Sales Price /List Price Ratio: 98.71%
  • Highest Priced Sale: $389,900
  • Lowest Priced Sale: $50,000
  • Highest Priced Listing: $674,900
  • Lowest Priced Listing: $80,000
  • Largest Home on the Market: 7,986 sq ft
  • Smallest Home on the Market: 1,164 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 . 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 January 2017

Home Sales in Bonaire Georgia in February 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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About Anita Clark Realtor

Anita Clark has written 875 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.