This Byron GA real estate market report for April 2013 includes an overview of the Byron GA active listings, pending sales, and overall sales over the last 90 days. Also discussed is the overall current market climate and where the Byron GA real estate market is headed as the summer months approach.
Both buyers and sellers should come away with a clear understanding how the market is currently performing and whether now is the right time for them to enter the Byron real estate market.
Byron GA 31008 Active Listings
Great news…For the 3rd month in a row the number of Byron GA 31008 active listings went up. In this sellers market (5 months of available inventory), inventory is slowing rising with the expectation this will be a balanced market very soon. Despite limited listings, there are still plenty of opportunities for new buyers in Byron GA!
Another positive sign…there were NO active Byron foreclosures for the 3rd straight month! As a reminder, foreclosures are lender owned properties.
For the 2nd consecutive month, new short sales listings made their way unto the market (i.e. short sales are homeowner owned but attempting to sell for less than is owed (with lender approval)) in Byron GA.
Byron GA 31008 Pending Sales
The slight upswing in new inventory helped the Byron GA 31008 pending sales go up slightly last month. Hopefully this positive trend will continue through the summer into the fall season.
Now is the perfect time for prospective sellers to be listing their homes. Take advantage of the low inventory and make your home stand out and be seen by buyers!
With limited distressed properties on the market, it is no surprise none went under contract in April. Savvy investors have limited options in Byron GA and need to act quickly if one of the few homes available catch their eye.
Byron GA 31008 Home Sales
The number of Byron GA home sales 31008 in April 2013 was disappointing! New listings lagged which sent many new buyers to other areas in Houston County. On a positive note, it was excellent to see a short sale property make it through closing!
The highest priced sale in Byron GA last month was $160,000 and the lowest was $92,500.
How can both buyers and sellers gain an advantage in the Byron real estate market? Employ the services of a local Byron real estate agent who knows and understands all the nuances of the Byron real estate market.
Byron Real Estate Summary
Currently, the Byron real estate market is a sellers market with 5 months worth of available inventory on the market. Overall, this April 2013 Byron real estate summary provides the following averages and totals for this market:
- Avg Sales Price: $132,580 (Up)
- # of Monthly Sales: 5 (Down)
- Avg Days-On-Market, Sold Homes: 82 (Up)
- Avg SP/LP Ratio: 98.60 (Up)
- Highest Priced Listing: $242,900
- Lowest Priced Listing: $97,000
- Largest Home on the Market: 2,954 sq ft
- Smallest Home on the Market: 1,256 sq ft
- Median Price of Available Homes: $139,900
Byron GA Homes for Sale
For a complete list of available Byron Real Estate, visit Byron GA Homes for Sale. Subscribe to my newsletter and get notified as soon as Byron GA homes for sale hit the market.
Call me at (478) 960-8055 to find out what your Byron GA home is worth or to discuss your middle GA housing needs.
Statistics represent homes and condos/townhouses for sale in Byron GA (Source: CGMLS). Information is deemed reliable, but not guaranteed.
Byron GA Real Estate Market Report, April 2013