Real Estate Market Update for Ellabell, GA
Welcome to October's Market Update. Lets take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 62% from one year earlier, and up 67% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 700%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 200-thousand dollars. The number of units sold was consistent year-over-year, and decreased 67% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Ellabell, GA
Local Weather for Ellabell, GA
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.