What are Perry GA Homes Worth in October 2016?
Home buyers and sellers who are seeking real estate answers will want to know what are Perry homes worth in October 2016. That question and many others will be answered in this month’s market analysis. This report helps consumers make smarter real estate decisions about the market in Perry GA. Stay tuned for all the important information!
This sellers market (4 months of available homes) still has decent choices for buyers but an infusion of new inventory is certainly needed at the moment. While sellers have the upper hand, they must ensure their property is 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 property? Let’s jump in and see exactly what are Perry homes worth in October 2016!
Homes Sales in Perry GA
Home sales climbed a bit this past month, coming in as the 4th highest total in the past year. The 30 closings was certainly a surprise. It was a 3 sale rise over the previous month and 7 more than the same time-frame last year. It was also 5 closings higher than the 12-month average of 25 home sales. With 32 pending sales (up 14 over the previous month), this market is poised to start the winter season off well.
Currently, Perry Georgia only has 110 homes for sale (up 8 from the previous month). This past month the average sales price came in at $157K+ (up $27K over the previous month). While buyers found plenty of homes they liked, the majority of sales were in mid-tier price points this month. There were 2 distressed sales which slightly affected the average sales price in this market.
The number of days on the market for homes that sold came in at an excellent 56 days. A decent improvement over the 12-month average of 100 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 (110 homes) to choose from. The averages and totals for the real estate market in Perry Georgia are as follows:
- Average Sales Price: $157,010
- Median Sales Price: $141,500
- Number of Monthly Sales: 30
- Number of Distressed Sales: 2
- Average Days-On-Market, Sold Homes: 56
- Average SP/LP Ratio: 98.51%
- Highest Priced Sale: $407,500
- Lowest Priced Sale: $27,500
- Highest Priced Listing: $1,200,000
- Lowest Priced Listing: $15,000
- Largest Home on the Market: 10,128 sq ft
- Smallest Home on the Market: 1,032
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 Available Perry 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 September 2016.
So…What are Perry homes worth in October 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.