Byron GA Real Estate Market in September 2016
Have you been seeking an answer to the question…what are Byron homes worth in September 2016? If so, check out all the details including information about the current real estate market in Byron GA. You can also preview where this market is likely going in the near future.
With only 47 homes to choose from (down 5 from the previous month), this sellers market has few new options for consumers at the moment. However, the market can shift quickly so buyers and investors should be prepared to act quickly if they do find a home that piques their interest in this market.
What can you expect from this Byron real estate report? Let’s take a look and check out exactly what are Byron homes worth in September 2016!
Byron GA Homes Sales
This past month there were 28 Byron GA home sales. That was the highest total in the past 12 months, 7 closings more than the previous month, and 25 more sales over the same time frame last year. The 12-month average is 18 sales. This is fantastic news considering the lack of inventory. When sellers market price their homes and keep them well maintained, they have every opportunity to get seen and sold in this market!
The average sales price went up slightly this past month but many of the homes that sold were in lower price points so do not be alarmed by the numbers. The average sales price for homes that sold came in at $142K+. That was $3K higher than the previous month. The 12-month average is $149K. In comparison, homes sold for $143K during this month last year.
The average number of days on market for homes that sold came in at 92 days. The 12-month average is 77 days on the market.
The sales price to list price ratio (SP/LP) for sold homes was decent at 97.24%. The 12-month average SP/LP is 97.34%. When accurately market priced, Byron GA homes will sell closer to full price.
How can both buyers and sellers gain an advantage in the real estate market in Byron GA? Employ the services of a local Byron GA Real Estate Agent who understands all of the ups-and-downs of this market.
Byron GA Real Estate Market
Currently, the Byron GA real estate market favors sellers with 2 months of available inventory (52 homes) for consumers to choose from. Buyers who are interested in knowing what are Byron homes worth in September 2016 can review the following averages and totals for this past month to get a glimpse of the market activity in this community:
- Average Sales Price: $142,222
- Median Sales Price: $142,000
- Number of Monthly Sales: 28
- Number of Distressed Sales: 3
- Average Days-On-Market, Sold Homes: 92
- Average Sales Price /List Price Ratio: 97.24%
- Highest Priced Sale: $315,000
- Lowest Priced Sale: $40,000
- Highest Priced Listing: $495,000
- Lowest Priced Listing: $52,000
- Largest Home on the Market: 7,338 sq ft
- Smallest Home on the Market: 1,260 sq ft
Find Byron GA Homes for Sale
For a complete list of available real estate in Byron GA and all of Houston County, search for real estate in Byron GA. If you want homes that meet your criteria sent to you when they hit the market, subscribe for new listings so you do not miss out on any Byron home deals!
As always, call me at (478) 960-8055 to find out what your Byron GA home is worth or so we can discuss your housing needs. I would love the opportunity to earn your trust and business in this market!
You can check out last month’s report here: Byron GA Real Estate Report for August 2016.
SO…What Are Byron Homes Worth In September 2016?
Statistics represent single family homes and townhouses in Byron GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
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