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 school area remains variable with some changes from the same time period last year. Inventories shrank by 14.3% indicating home owners are missing the market opportunities available right now. That's also reflected in the sales numbers which are also lower than the same period last year.
Days on the market increased by 14.8% indicating that what inventory is available is getting a little stale. Prices, which are an average for the month of December 2018 only were $160,460, down 16%.
Those results point to a market that is undersupplied with affordable homes which creates slower sales and longer days on the market.
Wood county showed declines in all parameters with inventories slightly lower and sales down 12.8% - less available homes equates to lower sales rate. The average priced home sold in Wood Co. for December 2018 was $197,081 up 1.9% from the same time period last year.
The average sale price, which is a measure of the price range of the homes that actually closed last month has shown strength.
As always, homes that are properly prepared, marketed, and priced are selling faster that the normal rates. If you'd like a consultation on how The Kelley Knitz Team is able to achieve exceptional results for our clients, give Kelly a call or text at 419-779-6229. Thanks!
Days on the market increased by 14.8% indicating that what inventory is available is getting a little stale. Prices, which are an average for the month of December 2018 only were $160,460, down 16%.
Those results point to a market that is undersupplied with affordable homes which creates slower sales and longer days on the market.
Wood county showed declines in all parameters with inventories slightly lower and sales down 12.8% - less available homes equates to lower sales rate. The average priced home sold in Wood Co. for December 2018 was $197,081 up 1.9% from the same time period last year.
The average sale price, which is a measure of the price range of the homes that actually closed last month has shown strength.
As always, homes that are properly prepared, marketed, and priced are selling faster that the normal rates. If you'd like a consultation on how The Kelley Knitz Team is able to achieve exceptional results for our clients, give Kelly a call or text at 419-779-6229. Thanks!
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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