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.
The real estate market in the Anthony Wayne schools area is showing the stresses of low inventories and uncertainty in the market due to the unrest we're seeing.
The number of available homes plummeted by 30.8% with sales down by 15.4% over last years performance. It hard to have good sales numbers when there's nothing to buy. Sellers appear afraid to enter the market leaving buyers fewer choices while low interest rates provide plenty of incentive.
Home prices were up 22.6% year over year, but the average home price really just measures the homes sold in that particular month. If the only thing available is higher priced homes, that's what gets computed into the average.
The lack of confidence in future events is putting a damper on the market.
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 number of available homes plummeted by 30.8% with sales down by 15.4% over last years performance. It hard to have good sales numbers when there's nothing to buy. Sellers appear afraid to enter the market leaving buyers fewer choices while low interest rates provide plenty of incentive.
Home prices were up 22.6% year over year, but the average home price really just measures the homes sold in that particular month. If the only thing available is higher priced homes, that's what gets computed into the average.
The lack of confidence in future events is putting a damper on the market.
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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