Bonaire GA Real Estate Market Report for June 2013


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Bonaire GA Real Estate Market Report for June 2013, courtesy of Anita Clark Realtor LLC with Coldwell Banker SSK Realtors.

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Bonaire GA Real Estate Market Report for June 2013

  1. 1. Bonaire GA Real Estate Market Report for June 2013 This Bonaire GA Real Estate Market Report for June 2013 gives readers a clear indication how the market is performing and an opportunity to compare how the market has done over the most current 90-day period. This report breaks down the active listings, pending sales, and overall sales for the last quarter, providing both buyers and sellers a realistic market view. Also previewed in this Bonaire GA real estate market report for June 2013 is an overall analysis of the market, with a synopsis of both the current market conditions and future expectations as we march into the dog days of summer. Active Listings in Bonaire GA 31005 The number of active listings in Bonaire GA 31005 shot up 13% in June as summer hit and sellers decided the time was right to get their home out there for buyers and investors to see.
  2. 2. Currently, Bonaire GA is a seller’s market with nearly 5 months’ worth of inventory for potential buyers to check out. June was the third month in a row the number of foreclosures hitting the market increased. This market is fairly stable so there is no reason for sellers to get worried that prices will start to drop like they have the last few years. As a reminder, foreclosures are lender owned properties. Short sales doubled from previous months this quarter with 1 new property entering the market in June. Short sales are homeowner owned properties where they are attempting to sell for less than is owed (with lender approval). With inventory levels low, now is the ideal opportunity for prospective sellers to enter the Bonaire real estate market! Buyers are ready for fresh inventory, giving sellers an excellent chance to get their home seen and sold!
  3. 3. Pending Sales in Bonaire GA 31005 The pending sales in Bonaire GA 31005 were extremely disappointing in June, especially after the push forward in the spring months. Sellers need to heed their agents' advice and price their home in accordance with current market conditions to have the best opportunity to sell this summer. Although there are not many Bonaire foreclosures for consumers to choose from, those that make the market continue to quickly go under contract...excellent news for this market! Now is the ideal time for investors to join this market and pick up a real estate bargain! With interest rates starting to rise, now is the best time to purchase Bonaire GA real estate.
  4. 4. Home Sales in Bonaire GA 31005 The home sales in Bonaire GA 31005 went back up as many of the late spring pending sales finally closed. With limited inventory, this could be a long summer for sellers looking to take up their stakes and move quickly. The highest priced sale last month was $393,974 and the lowest was $59,400. How can both buyers and sellers gain an advantage in the Bonaire real estate market? Employ the services of a local Bonaire real estate agent who knows and understands the Bonaire real estate market. Bonaire Real Estate Summary
  5. 5. This Bonaire real estate summary provides a review of the Bonaire GA real estate market for June 2013. Included in this Bonaire real estate report are monthly averages and totals.  Avg Sales Price: $177,383  Number of Monthly Sales: 32  Avg Days-On-Market, Sold Homes: 102  Avg SP/LP Ratio: 97.32%  Highest Priced Listing: $579,000  Lowest Priced Listing: $50,000  Largest Home on the Market: 5,384 sq ft  Smallest Home on the Market: 1,060 sq ft  Median Price of Available Homes: $208,818 Homes for Sale in Bonaire GA For a complete list of available Bonaire Real Estate, visit Homes for Sale in Bonaire GA. Subscribe to my newsletter so you get notified as soon as homes for sale in Bonaire GA hit the market. As always, call me at (478) 960-8055 to find out what your Bonaire GA home is worth or to discuss your housing needs. Bonaire GA Real Estate Market Report for June 2013 Statistics represent homes and condos/townhouses for sale in Bonaire GA (Source: CGMLS) as of the date posted. Information is deemed reliable, but not guaranteed.