Home Sales in Byron Georgia in April 2017
It is that time again…time to find out the latest real estate news about this market. For all the details concerning the home sales in Byron GA in April 2017, as well as a detailed analysis about the overall state of this market, you definitely should stay tuned.
With only 50 homes available (down 11 from the previous month), this market needs potential sellers to hop off the fence and get their property listed. With summer on the horizon, it is the perfect time to get your home seen and possibly sold too.
Because it is still a sellers market, buyers do need to be ready with their top offer if they find a home they really want. With more buyers than available homes, any delay could mean another consumer could get the home contracted while you waited.
Let’s take a look at the homes sales in Byron GA in April 2017 and see if there is hope for a strong spring market.
Byron GA Homes Sales
This past month there were 20 closings involving Byron homes. This was 1 sale above the 12-month average and represents the fifth highest total in the past year. In comparison, there were 22 sales over the same time frame last year. The key for sellers is to ensure they market price their home from the beginning. With plenty of inventory in other areas of Houston County, both buyers and investors will move on before they overpay.
Buyers found homes in mid-tier price points to their liking this past month. The average sales price for homes that sold came in at $157K+. That was $3K more than the previous month. The 12-month average is $154K. In comparison, homes sold for $149K during this month last year (on average).
The average number of days on market for homes that sold came in at a solid 69 days. The 12-month average is 70 days on the market. The sales price to list price ratio (SP/LP) for sold homes was 98.24%. The 12-month average SP/LP is 97.85%. When market priced, Byron GA homes will sell closer to full price.
How can both buyers and sellers gain an advantage in the real estate market in Byron GA? Employ the services of a local Byron GA Real Estate Agent who understands all of the ups-and-downs of this market.
Byron GA Real Estate Market
Currently, the Byron GA real estate market favors sellers with 2+ months of available inventory (50 homes) for consumers to choose from. Buyers who are interested in knowing more details about the home sales in Byron GA in April 2017 can review the following averages and totals for this past month to get a glimpse of the market activity in this community:
- Average Sales Price: $157,205
- Median Sales Price: $139,500
- Number of Monthly Sales: 20
- Number of Distressed Sales: 3
- Average Days-On-Market, Sold Homes: 69
- Average Sales Price /List Price Ratio: 98.24%
- Highest Priced Sale: $251,500
- Lowest Priced Sale: $85,000
- Highest Priced Listing: $284,900
- Lowest Priced Listing: $42,900
- Largest Home on the Market: 4,938 sq ft
- Smallest Home on the Market: 1,105 sq ft
When sellers market price their homes and keep them well maintained, they have every opportunity to get seen and sold in Byron GA right now! Get your home listed and reap the rewards.
Find Byron GA Homes for Sale
For a complete list of available real estate in Byron GA and all of Houston County, search for real estate in Byron GA. If you want homes that meet your criteria sent to you when they hit the market, subscribe for new listings so you do not miss out on any Byron home deals!
As always, call me at (478) 960-8055 to find out what your Byron GA home is worth or so we can discuss your housing needs. I would love the opportunity to earn your trust and business in this market!
You can check out last month’s report here: Byron GA Real Estate Report for March 2017.
Check Out the Home Sales in Byron GA in April 2017
Statistics represent single family homes and townhouses in Byron GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
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