Home Sales in Perry GA 31069 – December 2017 Market Report
Home sales in Perry Georgia during December took a sharp upward rise as consumers found exactly what they were looking for in this community. Does this market have the stamina to keep the momentum going? Will buyers and investors become weary from the lack of inventory (2+ months) and begin to look for properties in other cities? Stay with me as we analyze this market and provide key information to help you make an informed decision about the real estate market in Perry GA!
The Perry real estate market had 33 closings in December. Despite the distraction caused by the holidays, it was the fifth highest monthly sales total in the past 12 months. Hear me homeowners…it is a fantastic time to get your home listed, seen, and sold in this market.
Unfortunately, with only 22 pending sales (down 4 from the previous month), this market could really slow down at the beginning of 2018 unless new homes are available. With just 77 properties currently available (down 5 from the previous month), consumers must act fast when they find a home they want or run the risk of losing the house to another buyer who is willing to make a quick offer.
Let us go ahead and take a longer look and check out all the details for the home sales in Perry Georgia in December 2017!
Perry Georgia Homes Sales
With 33 homes sales in Perry Georgia in December 2017 (up 12 over the previous month), this market appears like it is about to take off, but in reality it is ready for a slowdown as the available inventory is dwindling quickly. The annual average home sales is 30 houses exchanging hands. Time will tell if we see it take off again in the coming months.
The average days on market for home sales in Perry Georgia this past month was 121 days (from listing to closing). While not optimum, it was good to see a lot of older inventory finally make it through closing. The 12-month average is 76 days. As a comparison, it took homes 117 days to change hands during the same time-frame last year.
The average sales price came in at $168K+ which was $2K more than the previous month and $25K above the same time-frame last year. The 12-month average is $161K. 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 good coming in at 97.86% last month. The 12-month average is 98.27%. When consumers locate a house that meets their needs, they are making decent offers, giving sellers an incentive to negotiate and sell their home. 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 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 2+ months of available inventory (77 homes) to choose from. To review the home sales in Perry Georgia in December 2017 as well as other closing information, check out the following statistics:
- Average Sales Price: $168,259
- Median Sales Price: $155,000
- Number of Monthly Sales: 33
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 121
- Average Sales Price /List Price Ratio: 97.86%
- Highest Priced Sale: $345,000
- Lowest Priced Sale: $50,000
- Highest Priced Listing: $1,135,000
- Lowest Priced Listing: $35,000
- Largest Home on the Market: 10,128 sq ft
- Smallest Home on the Market: 1,125 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 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.