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 responded as expected to the pandemic and the stresses and strains that go along with it.
All the indicators behaved as expected.
The number of available listings was down 37%, while days on the market increased by a huge percentage showing there are a number of listings languishing on the market.
The number of closed sales was down, although the small numbers don't make a viable comparision, but it is a market with few buyers and few sellers.
The average sale gives little clue as to the market because the number of sales was so low.
At the beginning of June there is a sense that the market may be making a comeback with lots of buyer interest and some sellers finally willing to put themselves out there.
It should be an interesting summer!
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.
All the indicators behaved as expected.
The number of available listings was down 37%, while days on the market increased by a huge percentage showing there are a number of listings languishing on the market.
The number of closed sales was down, although the small numbers don't make a viable comparision, but it is a market with few buyers and few sellers.
The average sale gives little clue as to the market because the number of sales was so low.
At the beginning of June there is a sense that the market may be making a comeback with lots of buyer interest and some sellers finally willing to put themselves out there.
It should be an interesting summer!
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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