Home Sales in Kathleen Georgia 31047
May 2021 Kathleen Market Report
Home sales in Kathleen GA took an upward tick this past month despite consumers having limited inventory to preview. Both buyers and investors were out pounding the pavement looking for properties that met their criteria in their price point. What is needed is considerably more homes to hit this market so buyers and investors have a variety of choices to pick from.
Hear that Kathleen 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 51 home sales this past month. In comparison, the previous month had 50 closings. During the same time-frame last year, 37 properties exchanged hands. The 12-month average is 48 home sales in Kathleen GA.
With 39 pending sales, this market does not have enough properties to satisfy all buyers. With only 19 homes available, it is getting more difficult for consumers to find what they seek in the real estate market in Kathleen GA at the moment.
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 51 homes sales in Kathleen GA last month, this market has gained traction but the next few months will show if this is actually a trend or just an anomaly. 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 18 days (from listing to contracted). The 12-month average is 33 days. As a comparison, the previous month was 16 days and during the same time-frame last year it took 57 days to sell (on average). When market priced, homes will move quickly in this market.
The average sales price came in at $290K+. The previous month the average was $299K+ and during the same time-frame last year the average sales price was $272K+. The 12-month average is $283K+. 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 outstanding coming in at 100.43% last month. The 12-month average is 99.64%. 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 2 months of available inventory (19 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: $290,040
- Median Sales Price: $296,650
- Number of Monthly Sales: 51
- Number of Distressed Sales: 0
- Average Days-On-Market, Sold Homes: 18
- Average Sales Price /List Price Ratio: 100.43%
- Highest Priced Sale: $520,515
- Lowest Priced Sale: $149,990
- Highest Priced Listing: $850,000
- Lowest Priced Listing: $145,000
- Largest Home on the Market: 6,910 sq ft
- Smallest Home on the Market: 1,512 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 in this community or anywhere in Houston County. ~ Anita ~
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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