Market Stats and Reports for Pooler GA March 2015
We are winding down with winter this week and as we headed to spring and summer for those of you planning on listing and selling your property this year, here are some specifics to be aware of in market reports and trends for Pooler.
Whether you are buying or selling, knowing the property values, how long homes are on the market and the average and median list price is crucial to make a smart buying or selling decision.
The average listing price for Pooler Georgia is currently $248,000. This is down about 9% over where it was last year, which is good news for homebuyers not so good for sellers. The median sales price is about $177,000. The average price per square foot is currently $94, which is roughly the same as where it was last year at this time.
The average home price for Pooler is $264,000 with the average sold price of $188,000.
There are currently about 310 properties for sale with 150 recently sold within the last 30 days. There have been 36 new listings in the last 30 days and 106 properties listed for sale have had price reductions.
Comparing Pooler to the rest of Georgia, the average home price in Georgia is $118,000 but the average sales price is $220,000, up about 25% over Pooler’s average sales price of $188,000.
With home prices being as low as they are, investors tend to snatch up properties for either a quick flip or monthly cash flow income. The average rent price is about $1499 per month with more emphasis on three and four bedroom rentals than one or five-bedroom. The average two-bedroom rental is about $1000, whereas Chatham County’s average is $1250 and Georgia averages $968.
In general, Pooler’s population is at 3.3% over last year with unemployment rates relatively the same at 7.5%.
Top public and private schools continue to be Pooler Elementary school and West Chatham Elementary School, the Godley Station Middle School and the Savannah Adventist Christian School.
For more information about listing your Pooler home or real estate, please contact me today. With some research we can determine what your Pooler property could be worth and how quickly it could sell.