Home Sales in Byron Georgia in May 2017
Yes, the latest information and news about the home sales in Byron GA in May 2017 can be found here. So can a host of other information to aid consumers in making an informed real estate decision about this market. With just 54 properties on the market, (up 4 over the previous month), this market could really use an infusion of new inventory to keep consumer interest high.
Because this market favors sellers (2+ months inventory), buyers need to be prepared to make a decent offer if they find a home they like. Any delay could cost them an opportunity to own the property. It is that simple in Byron GA at the moment.
Let’s take a closer look at the homes sales in Byron GA in May 2017 and see if this market is prepared for a strong summer selling season.
Byron GA Homes Sales
This past month there were 23 homes that exchanged hands in this community. It was 3 sales above the 12-month average and represents the third highest total in the past year. In comparison, there were only 14 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 $142K+. That was $15K less than the previous month. The 12-month average is $152K. In comparison, homes sold for $167K during this month last year (on average).
The average number of days on market for homes that sold came in at a decent 54 days. The 12-month average is 65 days on the market. The sales price to list price ratio (SP/LP) for sold homes was 97.69%. The 12-month average SP/LP is 97.89%. 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 (54 homes) for consumers to choose from. Buyers who are interested in knowing more details about the home sales in Byron GA in May 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: $142,134
- Median Sales Price: $129,000
- Number of Monthly Sales: 23
- Number of Distressed Sales: 3
- Average Days-On-Market, Sold Homes: 54
- Average Sales Price /List Price Ratio: 97.69%
- Highest Priced Sale: $290,000
- Lowest Priced Sale: $60,000
- Highest Priced Listing: $495,000
- Lowest Priced Listing: $41,900
- Largest Home on the Market: 7,338 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 April 2017.
Check Out the Home Sales in Byron GA in May 2017
Statistics represent single family homes and townhouses in Byron 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.