What can readers expect from this report? It is a synopsis of the Centerville GA real estate market for April 2013, providing buyers, investors, and sellers an overview of the current market as well as a look-see where I believe the Centerville GA real estate market is headed near-term in the future.
The current Centerville GA real estate market is currently steady with minimal movement this past quarter in the number of active listings, pending sales, and overall sales over the last 90 days.
Centerville GA 31028 Active Listings
Fantastic news…the Centerville GA 31028 active listings market is balanced at the moment with 6+ months of available homes for new buyers to pick through. Moreover, the outlook heading into the summer months is bright as new inventory continues to make its way onto the real estate market.
YAY…for the third straight month the number of available foreclosures in Centerville GA has dropped! As a reminder, a foreclosure is a lender owned property.
Status quo for the short sale market as no new properties made their way on the Centerville real estate scene in April. Short sales are properties that are homeowner owned and they are attempting to sell for less than is owed (with lender approval).
Pending Sales in Centerville GA 31028
The number of pending sales in Centerville GA 31028 took a slight dip in April, but the numbers remain strong. As is always the case, when homes are priced according to the current market conditions, they have their best opportunity to sell.
More positive signs in this market…2 foreclosures in Centerville GA went under contract in April. There are still a couple of distressed deals for investors, but they need to act fast to take advantage of this market.
Same story for Centerville short sales as pending sales stayed at zero for the third month in a row.
Home Sales in Centerville GA 31028
Home sales in Centerville GA 31028 stayed high with half of the sales taking foreclosures from the market (YAY!). With new inventory and pending sales remaining strong, 2013 is shaping up to be a solid year for consumers looking to purchase Centerville real estate.
The highest priced sale last month was $192,500 and the lowest was $35,000.
How can both buyers and sellers gain an advantage in the Centerville real estate market? Employ the services of a local Centerville real estate agent who knows and understands the Centerville real estate market.
Centerville GA Real Estate Report
This Centerville GA real estate report is an overview of the April market. With 6 months of available inventory, the Centerville GA real estate market favors neither buyers or sellers at the moment. The overall April 2013 Centerville real estate averages and totals are as follows:
- Avg Sales Price: $109,883
- Number of Sales: 6
- Avg Days-On-Market, Sold Homes: 80
- Avg SP/LP Ratio: 91.39
- Highest Priced Listing: $489,900
- Lowest Priced Listing: $59,900
- Largest Home on the Market: 5,223 sq ft
- Smallest Home on the Market: 1,050 sq ft
- Median Price of Available Homes: $148,200
Homes for Sale in Centerville GA
For a complete list of available Centerville Real Estate, visit Homes for Sale in Centerville GA. Subscribe to my newsletter and get notified as soon as homes for sale in Centerville GA hit the market.
Call me at (478) 960-8055 to find out what your Centerville GA home is worth or to discuss your housing needs.
Statistics represent homes and condos/townhouses for sale in Centerville GA (Source: CGMLS). Information is deemed reliable, but not guaranteed.