Archive for October, 2010

How is Real Estate Market in Albany, Georgia!

October 5, 2010

“How is the real estate market in Albany, Georgia?”  is a common question I am asked everyday.  UNBELIEVABLE!  Buyers are buying and Sellers are selling.

One interesting note is sellers are receiving 95% of the listing price.  What does this Mean?  Pricing your home becomes a very important element in selling your home. As your realtor at Coldwell Banker Walden and Kirkland, I will be able to provide this vital information that will help determine the value of your home. A comparable market analysis as well as determining the home’s competition that are actively on the market as well as expired listings is a feature that will guide the seller in knowing what his home is worth. Another part of pricing the home is looking at the condition of the home such as age of HVAC, ROOF, WATER HEATER, Electrical wiring and panel of the home to name a few. Cosmetic features as well as staging the home just puts the icing on the cake in helping get the house sold. 

 Albany’s Market Statistics:

                      Jan. 2010                                            August 2010

Ave list  $      $154302                                              $149766

Ave Sold $    $144442                                              $139857

It has been shown that one can make more money by selling down and buying down in this market!

Mary Linda Cotten, CRS , ABR, GRI, SSF        mlcotten@mchsi.com

Coldwell Banker Walden & Kirkland

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