Maumee 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 view video
The real estate market in the Maumee school area remains strong with little change from the same time period last year in terms of on the market are concerned. However, inventories bumped up by 16.9% indicating some home owners are seeing the market opportunities available right now. That should be reflected in sales numbers down the road.
Sales were flat compared to last year, while the price of the average home that sold in December was $143,924, up 11.5%
Those results point to a market that is under supplied with affordable homes which creates slower sales and higher average prices.
Lucas county showed declines in all parameters with inventories lower by 10.8% and sales down 13.5% - less available homes equates to lower sales rate. The average priced home sold in Lucas Co. for December 2018 was $125,902 down only 1% from the same time period last year.
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!
Sales were flat compared to last year, while the price of the average home that sold in December was $143,924, up 11.5%
Those results point to a market that is under supplied with affordable homes which creates slower sales and higher average prices.
Lucas county showed declines in all parameters with inventories lower by 10.8% and sales down 13.5% - less available homes equates to lower sales rate. The average priced home sold in Lucas Co. for December 2018 was $125,902 down only 1% from the same time period last year.
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.
Maumee School District Long Term Real Estate Market Statistics
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