It has always been simple rules and market trends that establish virtually all pricing structures to everything that is purchased. Real estate fits into the same criteria. Price is establish by the market not by thought, feelings or other credibly perceived areas outside the particular market you may work.
FACTS, recent documentable facts will always allow buyers and seller the information they need to make sound real estate decisions. Below are the market facts for Cumming Georgia over the past years.
'ALWAYS KNOW YOUR NUMBERS'
THIS INFORMATION IS FROM THE LOCAL 1ST FMLS SYSTEM AS OF 4/23/2010 FOR THE YEAR 2010
Active - 1497 Properties Found ACTIVE with the following averages:
| Avg |
4
BEDROOMS |
3
FULLBATHS |
1
HALF |
$
378,658 AVG. LIST PRICE
|
Pending - 274 Properties Found PENDING with the following averages:
| Avg |
4
BEDROOMS |
3
FULL BATHS |
1
HALF |
$ 268,793
LIST AT SALE TIME |
Sold - 352 Properties Found SOLD with the following averages:
| Avg |
4
BEDROOMS |
3
FULL BATHS
|
1
HALF BATHS
|
LIST AT SALE
$ 286,533
|
$ 271,410
AVG SOLD PRICE |
TRUSTING IN THE NUMBERS IS PARAMOUNT...KNOW HOW TO USE THEM WHEN ITS TIME TO BUY OR SELL IS WHERE WE COME IN.