Home Sales in Centerville Georgia in May 2017
Yes indeed, it is time to check out the home sales in Centerville GA in May 2017. Was it a good time to be a buyer? How did sellers fare? This article will cover all the bases and give you the information about this real estate market you crave. Stay with me for all the details.
The Centerville real estate market is the smallest in Houston County GA so the numbers across the board are typically smaller/lower here. It sure looks like consumers who did not buy quickly moved on to other parts of the county in search of their dream home. There were only 5 sales this past month, half of what sold the previous month and 2 short of the 12 month average (7 sales).
Thankfully, with 9 pending sales this market looks to be gaining new momentum as summer arrives. Let’s go ahead and see what the home sales in Centerville GA in May 2017 looked like.
Homes Sales in Centerville GA
The number of home sales in Centerville GA in May 2017 (5 sales) was unimpressive and represents 6 less sales than the same time-frame in 2016. The average sales price did jump up ($172K), improving on the 12-month average of $161K.
The average sales price to list price ratio came in at 97.21%, nearly matching the 12-month average of 97.27%. The number of days-on-market for homes that sold came in at 99 days this past month. The 12-month average is 80 days. It was good to see some older inventory clear the market and exchange hands.
To continue to pique buyer and investor interest, sellers need to keep their home show ready at all times, perform general maintenance, and make sure their home is market priced. When those conditions are present, the home will have its best opportunity to be seen and sold!
How can all real estate consumers gain an advantage in the Centerville GA Real Estate market? Employ the services of a local Centerville GA Real Estate Agent who knows how this real estate market is performing. When ready, I look forward to discussing your real estate options with you!
Centerville Real Estate Market Summary
Currently, the Centerville real estate market favors sellers with 5 months of available inventory (28 homes) to choose from. The averages and totals for the real estate market in Centerville GA are as follows:
- Average Sales Price: $172,000
- Median Sales Price $165,000
- Number of Monthly Sales: 5
- Number of Distressed Sales: 0
- Average Days-On-Market, Sold Homes: 99
- Average SP/LP Ratio: 97.21%
- Highest Priced Sale: $223,000
- Lowest Priced Sale: $132,000
- Highest Priced Listing: $499,000
- Lowest Priced Listing: $99,000
- Largest Home on the Market: 4,906 sq ft
- Smallest Home on the Market: 1,428 sq ft
There are excellent opportunities for all consumers in Centerville GA right now. Like in all markets in Houston County GA, buyers and investors who act quickly are going to get the best deals right now.
Find Centerville GA Homes for Sale
For a complete list of available real estate in Centerville GA, visit the Available Centerville GA Homes for Sale. Make sure and subscribe to my newsletter so you do not miss out on any Centerville home deals!
Call me at (478) 960-8055 to find out what your Centerville GA home is worth or so we can discuss your home buying needs.
You can check out last month’s report here: Centerville GA Real Estate Report April 2017.
Preview the Home Sales in Centerville GA in May 2017
Statistics represent single family homes and townhouses in Centerville 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.