Thinking of buying or selling a home in Fayetteville, Georgia? Then you've come to the right page. This article is concerned with the real estate market in Fayetteville and how prospective buyers and sellers should navigate it to maximize their financial return and minimize their stress component. Whether you're the previous owner of Arlington, TX homes or a lifetime resident of Fayetteville, you should find the information contained herein useful.

The first thing you should know about the city's market is that the advantage rests heavily with the buyer rather than the seller at present. The recession and mortgage crisis are still making themselves felt here in Georgia. Although places like Windsor real estate have begun to recover already, Fayetteville has not. The number of homes sold and the average value per square foot of these homes have both decreased in the last year by as much as 10%.

Therefore, if you're looking to sell we recommend you wait, but if you're a buyer, jump in now. There's never been a better time, especially if you've put up old homes for sale in Lorne Park or another area that has weathered the recession better. The average listing price for a home in Fayetteville as of late December of 2009 was $352,000 while the median sales price was closer to $183,000. This gives us an average price per square foot of just $88.

These are averages, however. Between neighborhoods in Fayetteville the listing prices of homes vary considerably, as they do in any city. For instance, Edmonton condos for sale list in the multi millions of dollars, while a few blocks away in Cabbagetown you might find a townhouse for under half a million. The neighborhood range in listing prices in Fayetteville among the zip codes most popular with buyers is $274,000 to $473,000.

It's all well and good to know how much a home will cost, but what will it look like? Fayetteville has an eclectic mix of architectural styles represented in its listings, from Toronto luxury condo style high rises to sprawling Victorian homes that date back to the city's founding in the mid 1800s. There are apartments, condos, duplexes, detached homes, and even mobile homes in all states of repair and styles you can imagine. You really have to see for yourself.

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