Home Sales in Warner Robins Georgia 31088
December 2019 Market Report
Home sales in Warner Robins GA were a bit disappointing, especially since the weather was good for much of the month and buyers were out looking at homes. With limited inventory available this market could flatten out unless new properties hit the market soon.
Hear that homeowners…now is a great time to get your home on the market as there are not many properties for buyers and investors to choose from. Stay tuned as I explain what this means for the Warner Robins GA real estate market.
The real estate market in Warner Robins had 87 houses close last month. In comparison, 75 properties exchanged hands during the same time-frame last year.
With just 2+ months of inventory for consumers to choose from, it is becoming increasingly more difficult for real estate buyers and investors to find properties that meet their needs in this community. That is a great reason for existing homeowners to get their property on the Warner Robins real estate market while buyers and investors are still interested in finding their dream home.
With 66 pending sales, this market should start 2020 on solid footing, despite the low number of available homes for sale. Currently, there are 178 homes available so both buyers and investors should act quickly when they find a property that meets their needs in Warner Robins GA.
Let’s go ahead and take a longer look to check out what the home sales in Warner Robins Georgia looked like last month!
Warner Robins Georgia Homes Sales
It was great to see Warner Robins Georgia home sales take a slight uptick this past month (87 sales). However, while consumers are out looking in force, more inventory is definitely needed to push this market towards a strong start to 2020. The 12-month average is 101 closings per month.
The average days on market for Warner Robins GA home sales this past month was 35 days (from listing to closing). For comparison, the average days for the previous month was 34. During this same time-frame in 2018 it took homes 43 days to sell (on average). The 12-month average is 40 days.
The average sales price came in at $157K+. The average for the previous month was $158K+ and it was $149K+ for the same time-frame in 2018. The 12-month average was $158K+. Properties 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 98.24% last month. The 12-month average is 98.42%. 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 Warner Robins GA Real Estate market? Employ the services of a local Warner Robins GA Real Estate Agent who understands all of the ups-and-downs and twists and turns of this market.
Warner Robins GA Real Estate Market
Currently, the Warner Robins GA real estate market favors sellers with only 2+ month of available inventory (178 homes) to choose from. To review the home sales in Warner Robins GA as well as other closing information, check out the following statistics:
- Average Sales Price: $157,681
- Median Sales Price: $148,000
- Number of Monthly Sales: 87
- Number of Distressed Sales: 1
- Average Days-On-Market, Sold Homes: 35
- Average Sales Price /List Price Ratio: 98.24%
- Highest Priced Sale: $424,242
- Lowest Priced Sale: $33,000
- Highest Priced Listing: $649,900
- Lowest Priced Listing: $34,900
- Largest Home on the Market: 6,312 sq ft
- Smallest Home on the Market: 725 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 Warner Robins GA!
Find Warner Robins GA Homes for Sale
For a complete list of available real estate in Warner Robins GA, check out all of the Warner Robins GA Homes for Sale. In addition, subscribe to my real estate newsletter so you do not miss out on another Warner Robins GA home deal!
Call me at (478) 960-8055 to find out what your Warner Robins home is worth in this market or so we can discuss your housing needs. I look forward to talking with you and assisting with your real estate needs. ~ Anita ~
Review Home Sales in Warner Robins GA
Statistics represent single family homes and townhouses in Warner Robins GA (Source: CGMLS) for the referenced month. Information (as of the posting date) is deemed reliable, but not guaranteed.
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