Home Sales in Kathleen GA in February 2017
Home sales in Kathleen GA in February 2017 remained steady as buyers and investors hit the streets looking for the perfect property for their needs. Stay with me during this market analysis so you can make an informed decision about the homes for sale in this community.
In this sellers market (4 months worth of available inventory), there is definitely a shortage of homes for consumers to choose from. However, if you are patient you will still find excellent opportunities for both buyers and investors to net a home at a decent price. For sellers, it is a very good time to get your Kathleen GA home listed, seen, and sold
No need to delay so let’s jump in and review the home sales in Kathleen GA in February 2017 and see what the overall market has been up to recently.
Homes Sales in Kathleen GA
The number of Kathleen GA home sales this past month (21) represents the third fewest sales in the past year. It was still 3 more than the previous month but 6 off the 12-month average. It was also 9 less than the same time period last year. Fortunately, with 26 pending sales, this market should rebound nicely next month.
The average sales price came in at $241K this past month, $46K more than the previous month. The 12-month average is $211K. The sales price to list price ratio last month was 94.16% and was dragged down by a luxury property selling for well over $100K less than asking price. The annual average is 98.78%.
The days on market for sold homes came in at 102 days this past month. The 12-month average is only 64 days. Sellers who are right pricing their home are definitely seeing top results at the moment!
How can both buyers and sellers gain an advantage in the Kathleen GA Real Estate market? Employ the services of a local Kathleen Real Estate Agent who knows and understands all the twists and turns of this market.
Kathleen Real Estate Market Summary
Currently, the Kathleen real estate market favors sellers with only 4 months of available inventory (91 homes) to pick from. The averages and totals for the Kathleen GA real estate market are as follows:
- Average Sales Price: $241,663
- Median Sales Price: $234,900
- Number of Monthly Sales: 21
- Distressed Home Sales: 0
- Average Days-On-Market, Sold Homes: 102
- Average SP/LP Ratio: 94.16%
- Highest Priced Sale: $605,000
- Lowest Priced Sale: $146,500
- Highest Priced Listing: $629,000
- Lowest Priced Listing: $135,900
- Largest Home on the Market: 5,452 sq ft
- Smallest Home on the Market: 1,401
Now is the time to make your mark in this real estate market. Do not delay or the home you want will be long gone when you are finally ready to make an offer.
Find Kathleen GA Homes for Sale
For a complete list of available real estate in Kathleen GA, visit the Available Kathleen GA Homes. Make sure and subscribe to my newsletter so you do not miss out on any Kathleen home deals!
Call me at (478) 960-8055 to find out what your Kathleen GA home is worth or so we can discuss your housing needs. The right home and/or buyer is out there…let me help you find it/them!
You can check out last month’s report here: Kathleen GA Real Estate Report for January 2017.
Preview the Home Sales in Kathleen GA in February 2017
Statistics represent single family homes and townhouses in Kathleen Georgia (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.