Home Sales in Byron GA 31008
June 2017 Market Analysis
It looks like we just had another excellent month for home sales in Byron Georgia 31008! Do not take my word for it…check out all the information in this article and determine if it is a good time for you to buy or sell a home in this community.
The Byron GA market saw 27 closings in June. It is the second highest total in the past 12 months! It is also 4 higher than the previous month and 7 more than the same time-frame last year. As a comparison, the 12-month average is 20 sales per month. However, with only 1+ month of homes to choose from, an infusion of new properties for consumers to check out is definitely needed in Byron right now.
There are currently 29 pending sales (up 8 over the previous month), which is a good sign that both buyers and investors are still finding what they like despite the low number of available homes. With only 40 homes available (down 14 from the previous month), it is a great time for potential sellers to get their home listed, seen, and sold in Byron GA.
Let’s go ahead and take a longer look and check out what the home sales in Byron Georgia in June 2017 looked like!
Byron Georgia Homes Sales
With 27 homes sales in Byron Georgia in June 2017 (4 more than the previous month), this market remains steady. As a comparison, the annual average home sales is 20 per month. We are entering the busiest time of the year, real estate wise, so buyers need to be ready with offers if they find a home they cannot live without.
The average days on market for home sales in Byron Georgia this past month was steady, coming in at 68 days (from listing to closing). That is only 3 days off the 12-month average of 65 days but exactly the same as June of last year.
The average sales price came in at $156K which was $14K better than the previous month, $16K higher than the same time-frame last year, and $3K more than the annual average of $153K. 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 outstanding, coming in at 99.20% last month. The 12-month average is 98.13%. When consumers find a property that fits their needs, they are making legitimate offers, giving sellers every reason to negotiate in good faith to come to an agreement on the house. What buyers and investors are not doing is overpaying in this market right now, despite the shortage of inventory.
How can both buyers and sellers gain an advantage in the current Byron GA Real Estate market? Employ the services of a local Top Byron Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Byron GA Real Estate Market
Currently, the Byron GA real estate market favors sellers with slightly more than 1 month of available inventory (40 properties) to pick from. To review the home sales in Byron Georgia in June 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $156,263
- Median Sales Price: $148,000
- Number of Monthly Sales: 27
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 68
- Average Sales Price /List Price Ratio: 99.20%
- Highest Priced Sale: $256,841
- Lowest Priced Sale: $75,000
- Highest Priced Listing: $495,000
- Lowest Priced Listing: $110,000
- Largest Home on the Market: 7,338 sq ft
- Smallest Home on the Market: 1,275 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 Byron GA!
Find Byron GA Homes for Sale
For a complete list of the available real estate in Byron GA and all of Houston County, search all the available Byron GA homes for sale. As always, subscribe to my newsletter so you do not miss out on any Byron home deals!
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 know this market incredibly well and can assist with all your residential real estate needs in this market.
Review the Home Sales in Byron Georgia in June 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.