Why “think about” putting your home on the market during the winter….just do it! “45 percent of respondents said there is not enough inventory within price range”
http://www.realtor.com/news/tight-inventory-tops-winter-home-buyers-challenges/
Serving the Athens, GA metro area
Why “think about” putting your home on the market during the winter….just do it! “45 percent of respondents said there is not enough inventory within price range”
http://www.realtor.com/news/tight-inventory-tops-winter-home-buyers-challenges/
Although listing inventory is slightly down, there are still plenty of good deals to be had.
Under contract or “pending sales” are up 26.5%. That’s huge for sellers contemplating entering or re-entering the market! The average days on market until a sale are also down 16.7%.
The Median Sales Price has increased by 30.5% & the Average Sales Price has increased 21.1% over May 2012!
Right now there is a 4.9 months supply of inventory in the overall market. A stable market is typically considered to be a 6 months supply. These statistics favor a slight Seller’s Market at this time with more buyers competing for lower inventory.
According to the GA Association of REALTORS® “The sun is shining brighter for longer, the birds are chirping a bit louder and people have a renewed spring in their step. And then there’s
the climate. Home buyers and sellers are readying themselves for an exciting Spring market.”
In the Athens GA metro area we are seeing low inventory, multiple offers, and homes in good condition selling near, at, & above list prices. The real estate market is definitely on the upswing!
Happy Spring!
We are not just a college town …. come check out Athens, GA if you are looking to retire!!
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Michelle DeRepentigny, Broker
GREC# 47230
95 Glenn Carrie Road,
Hull, GA 30646
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