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Kathleen GA Real Estate Market Report - July 2017 Edition

Anita Clark's picture
Kathleen GA Real Estate Market Report - July 2017 Edition

For the latest news and market information about the Kathleen GA real estate market, check out this report...

Kathleen GA Single Family Home Report - July 2017

The real estate market in Kathleen GA stayed hot this past month, with the second highest sales total in the past year. However with less than 3 months of homes for consumers to preview, unless new inventory hits this market soon, buyers will begin moving on to other markets in Houston County GA to find what they need.

You can bet that real estate agents in Kathleen GA are doing their best to help both buyers and investors find properties in this community. Homeowners...It is a great time to put your home up for sale in this market. Get it listed and be prepared for a firm offer.

So, what happened during July in the Kathleen real estate market? This market analysis outlines the current status and what the short-term outlook for this market looks like. If you have questions about real estate in Kathleen GA or want help with your real estate needs, contact me and put my market expertise to work for you.

Active Kathleen GA Homes For Sale

As of this article, there are a total of 91 houses for sale in Kathleen GA. The highest priced listing in this market is currently available at $629,000 and the lowest is only $134,900. Square footage of available properties ranges from 1,336 feet up to 5,652. Also, there are homes available in numerous price points to meet the needs of real estate buyers.

Consumers who want a fixer-upper property may have to wait a bit longer to find what they seek. Currently, there is one 1 distressed home on the Kathleen real estate market. Fortunately for sellers, there has not been an increase in foreclosure/short sale homes in the past quarter so the effect on appraisals and future sales prices is minimal right now.

The highest priced home for sale in Kathleen is a home located at 212 Fieldfare Drive. Available for $629,000, this 5.4K+ square foot home has 5 bedrooms, 6 bathrooms, and a host of amenities worth checking out.

Sale Pending Kathleen Single Family Homes

Currently, there are 23 Kathleen homes that are pending sale. This represents an increase of 1 property from the previous month. Of these 23 homes, only 1 property is a distressed home. Buyers are looking...make it easy for them by getting your home listed, seen, and sold!

With conditions in their favor at the moment, sellers would be wise to make sure their home is ready for showings, updated as necessary, and priced according to the current market conditions. Rest assured, homes that are not in good shape will sit on this market.

Kathleen GA Single Family Homes Sold For July 2017

There was a total of 36 home sales in Kathleen GA during the month of July 2017.  This represents the second highest number of monthly sales in the past year (the annual average this past year is 28 closings). The average sale price for these homes was $234K+ and they took an average of 54 days to sell! The 12-month average for both of these categories is $214K+ and 63 days.

The average days on the market was decent this past month and is a good reminder that homeowners must make sure to market price their home if they want consumers to take serious interest in the property. The sales price to list price ratio in July was 97.91%. The 12-month average is 98.68%.

The most expensive sale in Kathleen real estate during July 2017 sold for $385,000. The lowest priced sale was $142,250. In addition, only 1 of the sales this past month was a distressed home.

What Can Kathleen GA Residents Expect Regarding Real Estate In The Coming Months?

You can expect plenty of competition when you are ready to make an offer on a Kathleen GA home right now. This could mean a bidding war if you are not ready to write an offer as soon as you decide the property is the home you want. Just remember, any delay could cost you the home as plenty of other buyers are also out looking!

The amount of inventory and low pending sales will be worth monitoring for the next few months to determine if this is a trend or just an anomaly. Time will tell if a host of fresh inventory hits the market and if buyers continue to find homes to their liking in the Kathleen real estate market.

More Houston County Real Estate Market Reports For July 2017

This Kathleen GA real estate market report for July 2017 was provided by Anita Clark. Anita is a licensed residential real estate agent in Kathleen GA for Coldwell Banker SSK, Realtors.

You can find Anita on numerous social media networks or via her Kathleen Real Estate Blog. She is an active online real estate marketer who loves helping residential real estate consumers in Houston County GA.

If you have more questions about the Kathleen real estate market, you can call or text Anita at 478-960-8055 or by e-mail at [email protected].

**The information provided in this real estate market analysis was generated via the Central Georgia Multiple Listing Service (CGMLS) at the time/date this market report was published. All information is deemed accurate, but not guaranteed.**

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