This real estate report for Byron Georgia 31008 is a snapshot of the Feb 2013 market and provides oversight of the Byron Georgia active listings, pending sales, and overall sales over the last 3 months. If you want to know what the current market is doing and where it is headed, this is the Byron GA real estate resource for you!
Feb 2013 was another slow real estate month in Byron GA as there were not many active listings available. In fact, there are only 2 months worth of inventory available in this severe sellers market.
On a positive note, for the second month in a row, there were no active Byron foreclosures. As a reminder, foreclosures are lender owned properties.
For the 3rd consecutive month there were zero active short sales (i.e. homeowner owned but attempting to sell for less than is owed (with lender approval)) in Byron GA.
The Byron GA Pending Sales went down in Feb 2013, due in large part to low (and older) inventory on the market. There is still plenty of time for this market to rebound so sellers should not be hitting the panic button just yet.
With a drop in foreclosure movement and short sale pending's remaining extremely low, this community has an opportunity to see home prices slowly rise as the busy summer season approaches. Savvy investors have a few options in this city but need to act quickly as the best deals sell quickly!
An unexpected surprise in February was the number of Byron GA Home Sales, especially the larger than average number of distressed homes leaving the market.
This market is currently a sellers market with only 2 months of available inventory to choose from. The highest priced sale last month was $138,500 and the lowest was $90,000.
How can both buyers and sellers gain an advantage in the Byron real estate market? Employ the services of a local Byron real estate agent who knows and understands the Byron real estate market.
Currently, the Byron real estate market is a sellers market with only 2 months worth of available inventory on the market. Overall, the Feb 2013 Byron real estate averages and totals are as follows:
For a complete list of available Byron Real Estate, visit Homes for Sale in Byron GA. Make sure and subscribe to my newsletter so you get notified as soon as homes for sale in Byron GA hit the market.
Call me at (478) 960-8055 to find out what your Byron GA home is worth or to discuss your housing needs.
Statistics represent homes and condos/townhouses for sale in Byron GA (Source: CGMLS). Information is deemed reliable, but not guaranteed.