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Winter 2012 Market Update
1700 listings on the market... BUYERS MARKET!!
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 10-15% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $600,000 - $649,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Fayetteville is | No Change |
| Seller Activity for the past 90 days in Fayetteville is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | If Bank owned, the foreclosures are getting multiple offers. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Yes... Call for details.. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Atlanta |
| Housing Hot Spots | Highgrove, Whitewater Creek, Edgewood, Horseman's Run, Jackson Estates, Goza Woods |
| Average Sold Price | $250,000 - View Graph Trend |
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Tonya Anderson
Keller Williams Realty Atlanta Partners
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