Home Sales in Perry Georgia 31069
March 2022 Perry Market Report
Home sales in Perry GA jumped way up as much of the older inventory finally closed. However, there is still a shortage of available properties for consumers to pick from. It means many of those properties that hit the market this past month were grabbed quickly. Time will tell if this market can sustain the forward momentum.
Homeowners…now is the time to get your home listed, seen, and sold in the Perry GA real estate market. Stay with me as we review this market to help you make an informed decision on buying or selling a Perry GA home!
The Perry real estate market saw 62 homes exchange hands last month. If there had been more inventory, that number most likely would have been higher. As a comparison, there was 37 closings during the previous month and 37 sales during the same time-frame last year. The 12-month average is 47 homes exchanging hands each month.
There are only 28 pending sales which is a good reminder more fresh inventory is needed! With only 36 houses currently available, consumer options are still limited. As usual, they must act fast when they find a home they want or run the risk of losing the house to another buyer who is willing to make a quick offer.
Let us go ahead and take a longer look and check out all the details for the home sales in Perry Georgia last month!
Perry Georgia Home Sales
With 62 Perry Georgia home sales this past month, sellers were very happy, but it is worth repeating…fresh inventory would be helpful to maintain the momentum into summer. As a comparison, the monthly average home sales is 47 closings over the past 12 months.
The average days on market for Perry GA home sales this past month was 50 days (from listing to contracted). The 12-month average is 15 days. As a comparison, the previous month the average was 10 days. It took homes 50 days to change hands during the same time-frame last year. When buyers find what they want, they are making firm offers and getting to the closing table in a decent amount of time.
The average sales price came in at $277K+. The previous month the average was $245K+. During the same time-frame last year, the average was $224+. The 12-month average is $244K+. 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 excellent coming in at 101.01% last month. The 12-month average is 100.86%. When consumers locate a house that meets their needs, they are making decent offers, giving sellers an incentive to negotiate and sell their home. 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 Perry GA Real Estate market? Employ the services of a local Perry Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Perry GA Real Estate Market
Currently, the Perry GA real estate market favors sellers with less than 1 month of available inventory (39 homes) to choose from. To review the home sales in Perry GA last month as well as other closing information, check out the following statistics:
- Average Sales Price: $277,025
- Median Sales Price: $253,998
- Number of Monthly Sales: 62
- Number of Distressed Sales: 0
- Average Days-On-Market, Sold Homes: 50
- Average Sales Price / List Price Ratio: 101.01%
- Highest Priced Sale: $610,000
- Lowest Priced Sale: $37,500
- Highest Priced Listing: $1,795,000
- Lowest Priced Listing: $40,000
- Largest Home on the Market: 6,241 sq ft
- Smallest Home on the Market: 1,526 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 Perry GA!
Find Perry GA Homes for Sale
For a complete list of available real estate in Perry GA, visit 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! ~ Anita ~
Review the Home Sales in Perry GA
Statistics represent single family homes and townhouses in Perry GA (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
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