What are Perry GA Homes Worth in August 2016?
Looking to find out what are Perry Georgia homes worth in August 2016? This report will help buyers, investors, and sellers make real estate decisions about the market in this city. Stay tuned for all the details!
This sellers market (4 months of available homes) still has decent choices for buyers. While the market is leaning towards sellers, they must ensure their home remains show ready and market priced to entice buyers.
Is it a good time to buy a home in Perry GA? Is it time to list your home? Let’s jump in and see exactly what are Perry GA homes worth in August 2016!
Homes Sales in Perry GA
Home sales remained very strong this past month. In fact, the 35 closings was the highest total in the last year. It was a 13 sale improvement over the same time-frame last year. Also, the sales this past month bettered the 12-month average of 24 home sales. However, with only 12 pending sales (down 9 from the previous month), new inventory is definitely needed as we head into the fall real estate season.
Currently, Perry Georgia has 129 homes for sale (down 10 from the previous month). This past month the average sales price came in at $148K+ (down $25K from the previous month). While buyers found plenty of homes they liked, the majority of sales were in lower price points this month. There were 3 distressed sales this past month which did slightly affect the average sales price but not enough to make a large difference.
The number of days on the market for homes that sold came in at a pedestrian 115 days. The 12-month average is 107 days. If your property is market priced, you should expect it to sell in this market!
Although consumers have reasonable real estate opportunities in Perry GA , it is smart for potential sellers to make sure they are maintaining their home in top shape, updating where they need to, and market pricing their property to ensure they have a good opportunity to have their home seen and sold quickly in this city.
How can both buyers and sellers gain an advantage in the Perry GA Real Estate market? Employ the services of a local Perry Real Estate Agent who knows and understands the nuances of this market.
Perry Real Estate Market Summary
Currently, the Perry real estate market favors sellers with 4 months of available inventory (129 homes) to choose from. The averages and totals for the real estate market in Perry Georgia in August 2016 are as follows:
- Average Sales Price: $148,165
- Median Sales Price: $135,000
- Number of Monthly Sales: 35
- Number of Distressed Sales: 3
- Average Days-On-Market, Sold Homes: 115
- Average SP/LP Ratio: 97.36%
- Highest Priced Sale: $437,000
- Lowest Priced Sale: $27,298
- Highest Priced Listing: $1,200,000
- Lowest Priced Listing: $59,900
- Largest Home on the Market: 10,128 sq ft
- Smallest Home on the Market: 893
If one of the homes for sale in Perry GA catches your attention, now is the right time to act, to ensure you have a realistic opportunity to purchase the property before the market is flooded with new buyers.
Find Perry GA Homes for Sale
For a complete list of available real estate in Perry GA, visit Perry GA 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!
You can check out last month’s report here: Perry GA Real Estate Report for July 2016.
So…What are Perry Georgia homes worth in August 2016?
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.