Eastwood 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 to view video.
Click the picture to view video.
The real estate market in the Eastwood schools area is remaining a strong sellers market. The average sale prices jumped considerably, but these are really a reflection of the most popular price range that buyers are looking for or that buyers have limited choices and are limited to the price range of homes that are currently for sale.
The number of homes for sale increased - up 31.3% which is exagerated by the low numbers we're looking at here - but it will take more than that to satisfy the buyer demand that is out there right now. That is evidenced by the average days on the market dropping 12.5% over the same period last year and number of closed sales increasing by 14.3%.
What all of this means is that sellers are controlling the market right now. When a home that is well staged and properly marketed hits the market, buyers jump and the offers fly! The strong economy is being felt in the housing 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 homes for sale increased - up 31.3% which is exagerated by the low numbers we're looking at here - but it will take more than that to satisfy the buyer demand that is out there right now. That is evidenced by the average days on the market dropping 12.5% over the same period last year and number of closed sales increasing by 14.3%.
What all of this means is that sellers are controlling the market right now. When a home that is well staged and properly marketed hits the market, buyers jump and the offers fly! The strong economy is being felt in the housing 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.
Eastwood School District Long Term Real Estate Market Statistics
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