Home Sales in Kathleen GA 31047
JUNE 2017 MARKET REPORT
The home sales in Kathleen Georgia have been steady so far this summer, falling just short of the spring market totals but still ahead of the monthly average for this community. In this report you will find a plethora of information about the Kathleen GA real estate market to help you make an informed decision on whether it is the right time for you to enter it. Stay tuned for all the details!
The real estate market in Kathleen GA had 33 closings in June. That is an increase of 4 sales over the previous month. In comparison, there were 30 home sales during the same time-frame last year. With just over 2 months of available houses to choose from, it is getting harder for both buyers and investors to find what they need in this market. More new inventory is definitely needed (hear that sellers?)!
With only 22 pending sales (down 3 from the previous month), the summer selling season is not getting off to the type of start many expected. Unfortunately, with only 79 homes available (down 18 from the previous month), next month may look very similar to what we are seeing now.
Let’s go ahead and take a deeper dive to see what the home sales in Kathleen Georgia 31047 in June 2017 looked like!
Kathleen Georgia Homes Sales
With only 33 homes sales in Kathleen Georgia in June 2017 (increase of 4 over the previous month), this market is performing as expected so far this summer. this market remains steady. The monthly average home sales is 27 closings but sales are typically increased during the summer months to make up for slower winter sales. It is time for potential sellers to get their inventory listed so buyers will continue to look in this community for a home that fits their needs.
The average days on market for home sales in Kathleen Georgia this past month was good coming in at 62 days (from listing to closing). That is one day off the 12-month average of 61 days and a 9 days off the same time-frame last year.
The average sales price came in at $226K which was $11K better than the previous month, $12K more than the same time-frame last year, and $13K higher than the 12-month average of $205K. YAY! 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 98.41% last month. The 12-month average is 98.79%. When buyers and investors find a home 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 right now, despite the shortage of inventory.
How can both buyers and sellers gain an advantage in the current Kathleen GA Real Estate market? Employ the services of a local Top Kathleen Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Kathleen GA Real Estate Market
Currently, the Kathleen GA real estate market favors sellers with 2+ months of available inventory (79 homes) to choose from. To review the home sales in Kathleen Georgia in June 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $226,718
- Median Sales Price: $227,900
- Number of Monthly Sales: 33
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 62
- Average Sales Price /List Price Ratio: 98.41%
- Highest Priced Sale: $459,000
- Lowest Priced Sale: $121,500
- Highest Priced Listing: $629,000
- Lowest Priced Listing: $134,900
- Largest Home on the Market: 5,652 sq ft
- Smallest Home on the Market: 1,336 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 Kathleen GA!
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!
Preview the Home Sales in Kathleen Georgia in June 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.