Hey Golden Isles! Are you ready for your Brunswick, GA 31525 and St. Simons Island, GA 31522 Real Estate market update?
What an exciting and crazy time in the real estate market. Wow, it’s HOT HOT HOT! In all of my years of experience selling hundreds of homes I’ve never experienced what we are seeing at this degree ever. From what I’ve read, this is the hottest market in the history of real estate. Homes are flying off of the shelf, bidding wars and multiple offers are giving sellers more leverage than ever before. Buyers are doing things like removing all of their contingencies, upping their deposits, giving insane rent backs to the seller, not asking for any repairs or considerations, simply put they are doing whatever it takes to get into these homes. One big reason is the lack of inventory that we are seeing for sale. If you are considering selling, now is the perfect time to capitalize on the lack of homes for sale.
Let’s look at what’s happening in our local market. The average days on market for the Golden Isles is 58, the national average days on market is 21, the average list price for a home in the Golden Isles is $226,995 but is selling on average for $231,000 which is about 2% above list price.
So as you can plainly see, here in the Golden Isles the market is on FIRE, and buyers are in need of properties. If you’re looking to get the most return on your investment and more money in your pocket with less hassle, there’s never been a better time to put your property on the market. I’m Lori Lynn with Coldwell Banker Access Realty. Give me a call for excellence you deserve from the Realtor you trust.