This is the market trends report from one of my recent sales.
The home had 3 bedrooms 1 full and one half bathroom.
It's located in a popular area of Douglasville near I20 off the Fairburn Road exit.
It was listed at $34,900 and the sale went through for $33,000. The seller wouldn't bend on the price and the great thing about this sale is that it closed 17 days after we got under contract.
My home buyer got a great deal on this house because the comps come in at $88,317 and the average value range is $68,887-$107,747.
As of September 2011 the median home value for the zip is $80,000 and for the county is $118,000.
The highest number of foreclosures in the last year were in the month of January 2011 right at about 1400 in Douglas County.
The lowest number of foreclosures in the last year were in the month of October 2011 right at about 700 in Douglas County.
A decrease in the number of foreclosures can indicate that ownership is stabilizing.
The area has 64% home owners and 36% renters.
$800-$1,999 is the mortgage payment range with the highest percentage and $500-$749 is the rent range with the highest percentage.
This report is provided as information to homeowners in Douglasville as well as people looking to buy in the area.
To search mls listings of Douglas County foreclosures click here
If you need any assistance buying, selling or renting a home please feel free to contact me.
Priscilla Hammond
404.503.6562
The home had 3 bedrooms 1 full and one half bathroom.
It's located in a popular area of Douglasville near I20 off the Fairburn Road exit.
It was listed at $34,900 and the sale went through for $33,000. The seller wouldn't bend on the price and the great thing about this sale is that it closed 17 days after we got under contract.
My home buyer got a great deal on this house because the comps come in at $88,317 and the average value range is $68,887-$107,747.
As of September 2011 the median home value for the zip is $80,000 and for the county is $118,000.
The highest number of foreclosures in the last year were in the month of January 2011 right at about 1400 in Douglas County.
The lowest number of foreclosures in the last year were in the month of October 2011 right at about 700 in Douglas County.
A decrease in the number of foreclosures can indicate that ownership is stabilizing.
The area has 64% home owners and 36% renters.
$800-$1,999 is the mortgage payment range with the highest percentage and $500-$749 is the rent range with the highest percentage.
This report is provided as information to homeowners in Douglasville as well as people looking to buy in the area.
To search mls listings of Douglas County foreclosures click here
If you need any assistance buying, selling or renting a home please feel free to contact me.
Priscilla Hammond
404.503.6562
1 comment:
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