Home Sales in Bonaire Georgia in March 2017
Home sales in Bonaire GA in March 2017 really took off as buyers and investors came out of their winter slumber and found plenty of properties they liked. Now that they are actively looking, it makes much sense for potential sellers to dust off the cobwebs and get their Bonaire home listed. 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 35 closings this past month (up 8 over the previous month). In comparison, there were also 35 homes that closed this time last year. The sales numbers this past month could have been even higher but inventory is limited right now (3 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 is heating up because with 47 pending sales (up 20 over the previous month), both buyers and investors are getting homes contracted quickly. However, with only 111 houses available (down 11 from 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 March 2017 looked like!
Bonaire GA Homes Sales
With 35 homes sales in Bonaire GA in March 2017 (increase of 8 over the previous month), this market is poised for a busy spring! The annual average home sales in this community is 36 closings. Average days on market for homes that sold was 87 days this past month, slightly off the the 12-month average of 73 days and exactly the same as March 2016.
The average sales price came in at $207K+, $7K more than the previous month, and $9K more 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 a decent 99.11% last month. The 12-month average is 98.64%. 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 (111 homes) to choose from. To review the home sales in Bonaire GA in March 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $207,192
- Median Sales Price: $208,000
- Number of Monthly Sales: 35
- Number of Distressed Sales: 3
- Average Days-On-Market, Sold Homes: 87
- Average Sales Price /List Price Ratio: 99.11%
- Highest Priced Sale: $386,850
- Lowest Priced Sale: $37,000
- Highest Priced Listing: $674,900
- Lowest Priced Listing: $99,500
- Largest Home on the Market: 7,986 sq ft
- Smallest Home on the Market: 1,227 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. 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 February 2017
Review The Home Sales in Bonaire GA in March 2017
Statistics represent single family homes and townhouses in Bonaire 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.