Home Sales in Perry GA 31069
JUNE 2017 MARKET REPORT
What are home sales in Perry Georgia looking like now that summer has arrived? Is there plenty of homes available? Are buyers and investors finding what they want in this market? Stay tuned for all the information and key details about the real estate market in Perry GA!
The real estate market in Perry had 42 closings in June. This is the highest total in the last year and 14 more than the previous month. In comparison, 31 homes changed hands during the same time-frame last year. With only 2 months of properties to choose from, buyers have not been deterred by the low amount of inventory to check out. However, new listings are desperately needed to keep this market going strong for the rest of the hot summer months.
With only 25 pending sales (down 10 from the previous month), this market may be prepping for a slight slowdown next month. Time will tell. Unfortunately, with just 85 homes available (down 8 from the previous month), consumers should be prompt when they see a home that meets their needs in Perry GA or risk losing the property to another buyer who is willing to make a quick offer.
Why don’t we go ahead and take a deeper dive to check out the home sales in Perry Georgia in June 2017!
Perry Georgia Homes Sales
With 42 homes sales in Perry Georgia in June 2017 (increase of 14 over the previous month), this market has started the summer off with a bang. The annual average home sales is 31 closings but sales are typically a bit higher during the summer months so an increase in June was expected.
The average days on market for home sales in Perry Georgia this past month was outstanding coming in at only 41 days (from listing to closing). That is an incredible 44 days better than the 12-month average of 85 days but 10 days longer than the same time-frame last year.
The average sales price came in at $185K+ which was $41K better than the previous month, $22K more than the same time-frame last year, and $30K higher than the 12-month average of $155K. 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 98.47% last month. The 12-month average is 97.99%. 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 Perry GA Real Estate market? Employ the services of a local Top Perry Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Perry GA Real Estate Market
Currently, the Perry GA real estate market favors sellers with only 2 months of available inventory (85 homes) to choose from. To review the home sales in Perry Georgia in June 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $185,564
- Median Sales Price: $188,865
- Number of Monthly Sales: 42
- Number of Distressed Sales: 2
- Average Days-On-Market, Sold Homes: 41
- Average Sales Price /List Price Ratio: 98.47%
- Highest Priced Sale: $426,000
- Lowest Priced Sale: $45,000
- Highest Priced Listing: $1,135,000
- Lowest Priced Listing: $65,000
- Largest Home on the Market: 10,128 sq ft
- Smallest Home on the Market: 975 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 Perry GA!
Find Perry GA Homes for Sale
For a complete list of available real estate in Perry GA, visit Perry GA Available Homes for Sale. Make sure and subscribe to my newsletter so you do not miss out on any Perry home deals!
Call me at (478) 960-8055 to determine what your Perry GA home is worth in this market or so we can discuss your home buying needs. I look forward to assisting with all your Perry GA real estate needs and hope !
Review The Home Sales in Perry GA in May 2017
Statistics represent single family homes and townhouses in Perry 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.