Current Market Statistics in Golden isles
In the Golden Isles
there have been a total of 1483 closed sales from January 1st
to December 12th 2011 compared to 1230 from January 1st to
December 13th 2010. The average selling price for that period in 2011 is
$211,077 compared to an average selling price of $197,233 for the same period in
2010,
a percentage increase
of 7.0 %. Homes have been selling at 93.5% of list price compared to 95.7% one
year earlier. The average number of days a house is on the market is 231,
compared to 211 days for the same period in 2010, an increase of 8.9%. Currently
there are 1804 homes on the market compared to last year with 2047, Inventory is
on the decline which is a good indicator that the market is ready to turn upward
so it is a great time to buy but don't wait to long before the deals are gone
and interest rates rise!