Home Sales in Bonaire Georgia 31005
December 2019 Market Report
Home sales in Bonaire GA really took off this past month. Call it holiday bliss or buyers deciding now was the right time to get off the fence and become homeowners, but it was a welcomed sight! In this sellers market, a fresh new supply of inventory would be very helpful to keep the momentum going as we start 2020.
Do you hear that homeowners? Now is a great time to get your property listed, viewed, and sold in the Bonaire real estate market. What are you waiting for? Call me and let’s discuss your options!
The home sales in Bonaire GA totaled 50 closings this past month. That is 22 more than the previous month. With only 2+ months worth of houses for consumers to choose from, you can bet buyers and investors will start to look elsewhere in Houston County if they do not find what they need here. Now is the time sellers…get your house on the market!
There was 27 pending sales this past month. That is 21 more homes going under contract than the previous month. With only 106 houses available, buyers should be prepared to act fast when they find a Bonaire GA home that meets their needs. Any delay could cost them an opportunity to own that property. It really is that simple right now!
Stay with me as we deep dive into this market and what home sales in Bonaire Georgia looked like this past month and where they are likely headed in the near future.
Bonaire Georgia Homes Sales
With 50 Bonaire Georgia homes sales, this market took off after looking like it was going to hibernate for the winter. As a comparison, during the same time frame last year, there was only 34 closings. The average number of homes sales in Bonaire GA (per month) over the past 12 months is 44 properties exchanging hands. There are still deals to be had which should be an incentive for buyers and investors to get out and preview the available inventory in this market.
The average days on market for home sales in Bonaire Georgia this past month was 63 days (from listing to closing). That is 12 days slower than the 12-month average of 51 days. As a comparison, it took 73 days to close homes (on average) during this time-frame last year. Quick closures are always a testament to both motivated buyers and sellers.
The average sales price came in at $237K+. That is $1K below the previous month but $7K more than the 12-month average. The total was $13K higher than the same time-frame last year. Homes in all price points have a good opportunity to be seen and sold in the Bonaire real estate market right now, especially if they are market priced and well maintained!
The sales price to list price ratio (SP/LP) was excellent coming in at 99.15% last month. The 12-month average is at 99.06%. When buyers and investors find a home they want, they are making decent offers giving sellers an incentive to negotiate and sell their property. What they are not doing is overpaying in this market right now, despite the shortage of inventory.
How can both buyers and sellers gain an advantage in the current Bonaire GA Real Estate market? Employ the services of a local Bonaire GA Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Bonaire GA Real Estate Market
Currently, the Bonaire GA real estate market favors sellers with 2+ month of available inventory (106 homes) to choose from. To review the home sales in Bonaire GA this past month as well as other closing information, check out the following statistics:
- Average Sales Price: $237,102
- Median Sales Price: $228,800
- Number of Monthly Sales: 50
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 63
- Average Sales Price /List Price Ratio: 99.15%
- Highest Priced Sale: $484,305
- Lowest Priced Sale: $97,250
- Highest Priced Listing: $1,200,000
- Lowest Priced Listing: $94,000
- Largest Home on the Market: 7,223 sq ft
- Smallest Home on the Market: 1,240 sq ft
This is a good real estate market to be part of for buyers, investors, and sellers. Do not delay or you may miss out on the home of your dreams in Bonaire GA!
Find Bonaire GA Homes for Sale
For a complete list of the available real estate in Bonaire GA and all of Houston County, search all the available Bonaire homes for sale. As always, subscribe to my newsletter so you do not miss out on any Bonaire home deals!
Call me at (478) 960-8055 to find out how much your Bonaire GA home is worth or so we can discuss your specific housing needs. I know this market incredibly well and can assist with all your Bonaire residential real estate needs. ~ Anita ~
Preview the Home Sales in Bonaire GA 31005
Statistics represent single family homes and townhouses in Bonaire GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
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