Anthony Wayne School District Real Estate Monthly Market Report
This report is updated monthly around the second week of the month to reflect the previous months activity. Check below the video to see the long term trends for this market.
Click the picture below to watch the video.
Click the picture below to watch the video.
Sometimes it can be difficult to take the pulse of the market at this time of year. Seasonality is a factor but the weather has even more influence. That can make it difficult to compare one year to the next.
The Anthony Wayne School area real estate market appears to be resilient.
The number of homes on the market increased by 14.8% at the same time that the number of closed sales increased by 34.4%!! Since inventories have been a problem, it's nice to see them increase at the same time sales are increasing.
The days on the market crept up a little (+2.7%) but not enough to be of any consequence. Home prices were also relatively steady at $269,445, +3.9%. Of course, the average sale price number gives us the average price of the homes that sold in the month of February and does not reflect longer term price trends. However, prices are right in line with what we've been experiencing.
As always, some homes take longer to sell than others but that can be accounted for by either too aggressive pricing, a poorly prepared home, or a weak marketing effort by the agent. There are plenty of buyers waiting for homes, it's the agents job to get their listings in front of the right buyers.
If I can be of any help, please contact me at 419-779-6229.
The Anthony Wayne School area real estate market appears to be resilient.
The number of homes on the market increased by 14.8% at the same time that the number of closed sales increased by 34.4%!! Since inventories have been a problem, it's nice to see them increase at the same time sales are increasing.
The days on the market crept up a little (+2.7%) but not enough to be of any consequence. Home prices were also relatively steady at $269,445, +3.9%. Of course, the average sale price number gives us the average price of the homes that sold in the month of February and does not reflect longer term price trends. However, prices are right in line with what we've been experiencing.
As always, some homes take longer to sell than others but that can be accounted for by either too aggressive pricing, a poorly prepared home, or a weak marketing effort by the agent. There are plenty of buyers waiting for homes, it's the agents job to get their listings in front of the right buyers.
If I can be of any help, please contact me at 419-779-6229.
For a no obligation home valuation or general opinion for your neighborhood, please click the button below.
Anthony Wayne School District Long Term Real Estate Market Statistics
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