What are Kathleen GA Homes Worth in October 2016?
Consumers who want to know what are Kathleen homes worth in October 2016 have found their way home! The answer to that question and several others will be answered in this market analysis. Check out all the details so you can make an informed decision about the real estate market in Kathleen GA.
In this sellers market (only 5 months of available inventory), the number of homes on the market is not ideal for new buyers. All the more reason for potential sellers to consider getting their home listed now instead of waiting until after the holidays.
Let’s go ahead and jump in and see what are Kathleen homes worth in October 2016!
Homes Sales in Kathleen GA
The number of Kathleen GA home sales this past month (18) went down considerably as consumers found homes in other parts of Houston County more to their liking. The total was down 8 sales from the previous month and also 9 below the 12-month average (27). The sales total was the lowest in the last year. In comparison, there were 33 sales this time last year. The low number is proof that more inventory is needed to continue to entice both buyers and investors in this market.
The average sales price came in at $213K this past month, higher than the previous month by $13K. The 12-month average is $210K. The sales price to list price ratio last month was an outstanding 99.02%. That was an improvement over the annual average (98.95%). Sellers who are right pricing their home are definitely seeing top results at the moment!
The days on market for sold homes came in at an excellent 53 days this past month. That was an improvement over the 12-month average of 72 days. Currently, there are only 16 pending sales in Kathleen GA.
How can both buyers and sellers gain an advantage in the Kathleen GA Real Estate market? Employ the services of a local Kathleen Real Estate Agent who knows and understands all the twists and turns of this market.
Kathleen Real Estate Market Summary
Currently, the Kathleen real estate market favors sellers with only 5 months of available inventory (91 homes) to pick from. The averages and totals for the Kathleen GA real estate market are as follows:
- Average Sales Price: $213,286
- Median Sales Price: $212,084
- Number of Monthly Sales: 18
- Distressed Home Sales: 0
- Average Days-On-Market, Sold Homes: 53
- Average SP/LP Ratio: 99.02%
- Highest Priced Sale: $290,000
- Lowest Priced Sale: $136,400
- Highest Priced Listing: $865,000
- Lowest Priced Listing: $65,000
- Largest Home on the Market: 8,505 sq ft
- Smallest Home on the Market: 1,367
Now is the time to make your mark in this real estate market. Do not delay or the home you want will be long gone when you are finally ready to make an offer.
Find Kathleen GA Homes for Sale
For a complete list of available real estate in Kathleen GA, visit Available Kathleen GA Homes. Make sure and subscribe to my newsletter so you do not miss out on any Kathleen home deals!
Call me at (478) 960-8055 to find out what your Kathleen GA home is worth or so we can discuss your housing needs. The right home and/or buyer is out there…let me help you find it/them!
You can check out last month’s report here: Kathleen GA Real Estate Report for September 2016.
So…What are Kathleen Homes Worth in October 2016?
Statistics represent single family homes and townhouses in Kathleen Georgia (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.