Home Sales in Bonaire GA in January 2017
This month you can find out about all the home sales in Bonaire GA in January 2017 as well as a host of other information about this real estate market. Is it the right time to list your home? Should you consider buying? 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 22 closings this past month (down 7 from the previous month). In comparison, there were only 15 closings this time last year. The sales numbers could have been even higher but inventory is limited right now (5 months worth available). When potential sellers get their Bonaire GA home listed, the sales numbers should start to grow again.
This market is encouraging though because with 25 pending sales (up 7 over the previous month), consumers are definitely finding properties to their liking in this community. However, with only 119 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 January 2017 looked like!
Bonaire GA Homes Sales
With 22 homes sales in Bonaire GA in January 2017 (down 7 from the previous month), this market appears to be in its winter slumber. The annual average home sales in this community is 36 closings. Average days on market for homes that sold was 82 days this past month, well off the the 12-month average of 74 days.
The average sales price came in at nearly $222K+, $19K better than the previous month, and $23K 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 an outstanding 99.46% last month. The 12-month average is 98.62%. 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 5+ months of available inventory (119 homes) to choose from. To review the home sales in Bonaire GA in January 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $221,804
- Median Sales Price: $217,175
- Number of Monthly Sales: 22
- Number of Distressed Sales: 0
- Average Days-On-Market, Sold Homes: 82
- Average Sales Price /List Price Ratio: 99.46%
- Highest Priced Sale: $399,900
- Lowest Priced Sale: $123,000
- Highest Priced Listing: $849,900
- Lowest Priced Listing: $90,000
- Largest Home on the Market: 7,986 sq ft
- Smallest Home on the Market: 1,146 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 December 2016
Home Sales in Bonaire Georgia in January 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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