The median sales price for homes in Buford during the time frame of February 13, 2013 to April 13, 2013 was $178,458, which was based off of 216 home sales.  Compared to that same period last year, the median home sales price increased 29.3% or $40,458.  The average price per square foot is $81, which is an increase of 22.7% compared to the same period last year.  That really is an amazing increase in just 12 months.

Currently, there are around 450 homes on the market in Buford, including re-sales, new construction, pre-foreclosure, auction and bank owned properties.  Over half of these homes are already under contract.  The average listing price in Buford was $310,762 for the week ending May 8, 2013, which was an increase of 5.1% or $15,064, compared to the week before.

We see these statistics in action on a daily basis.  It is most definitely a Seller’s market right now, with every property we have listed lately going Under Contract, many times with multiple offers, within only a few days.  We also have a stack of folders full of qualified, ready-to-close, Buyer’s, who we are struggling to find homes for.  If you are considering selling your home, NOW is the time.  Even if you think you may not have any equity in your home, give us a call.  The market has surely changed, and you might be pleasantly surprised at what your home could sell for today.

We can be reached 7 days a week at (678)714-6384 or info@hillwoodhometeam.com