Home Sales in Kathleen Georgia 31047
December 2018 Market Report
Home sales in Kathleen GA went down again this month as winter rolled in. It is typical for this time of year so there should be no reason for alarm. go right back up. What is needed is more inventory to be prepared for the spring market. Hear that homeowners…now is the right time to get your house listed, seen, and sold in the Kathleen real estate market.
The real estate market in Kathleen GA had just 31 home sales this past month. In comparison, the previous month only had 32 closings. As a comparison, just 27 properties exchanged hands during the same time-frame last year.
With 20 pending sales (up 9 over the previous month) still not where they need to be, it should be another slow month for this market. With only 104 homes available (12 more than the previous month), without new listings, this market will continue to sputter as spring approaches. Time will tell!
No reason to delay so let us go ahead and take a longer look to see what the home sales in Kathleen GA looked like last month. Stay tuned for all the details!
Kathleen Georgia Homes Sales
With 31 homes sales in Kathleen GA last month, this market slipped back due partly to a shortage of inventory. It would be ideal for potential sellers to get their inventory listed while the market favors them. We want consumers to continue looking for a home that fits their needs in this community so fresh inventory is necessary. Hear that sellers!
The average days on market for home sales in Kathleen GA this past month was 61 days (from listing to closing). That is 1 day slower than the 12-month average (60 days). However, it was 55 days better than the previous month and 2 days less than the same time-frame last year. When market priced, homes will move quickly in this market.
The average sales price came in at $258K+ which was $7K less than the previous month, but $50K more than the same time-frame last year. It was also $23K above the 12-month average. Homes in all price points have a good opportunity to be seen and sold in this market right now, especially if they are market priced and well maintained!
The sales price to list price ratio (SP/LP) was very good coming in at 99.22% last month. The 12-month average is 99.16%. 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 Kathleen GA Real Estate market? Employ the services of a local Kathleen GA Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Kathleen GA Real Estate Market
Currently, the Kathleen GA real estate market favors sellers with 3+ months of available inventory (104 homes) to choose from. To review the home sales in Kathleen GA last month as well as other closing information, check out the following statistics:
- Average Sales Price: $258,014
- Median Sales Price: $264,090
- Number of Monthly Sales: 31
- Number of Distressed Sales: 0
- Average Days-On-Market, Sold Homes: 61
- Average Sales Price /List Price Ratio: 99.22%
- Highest Priced Sale: $443,000
- Lowest Priced Sale: $112,000
- Highest Priced Listing: $795,000
- Lowest Priced Listing: $182,500
- Largest Home on the Market: 8,164 sq ft
- Smallest Home on the Market: 1,072 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 Kathleen GA!
Find Kathleen GA Homes for Sale
For a complete list of available real estate in Kathleen GA, visit the available Kathleen Homes for Sale. 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!
Preview the Home Sales in Kathleen GA
Statistics represent single family homes and townhouses in Kathleen Georgia (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
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