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 continues to be strong.
The number of homes available for sale declined year over year which then affected the number of closed sales for the month. No inventory equals fewer sales.
With strong demand and lower supply, we see that the average sale price is also up bby 9.1%.
Days on the market also increased which is contrary to the other trends. This would seem to indicate that there are some homes languishing on the market either because of being overprice, under prepared, or inadequately marketed.
This is a strong sellers market as buyers are scooping up anything desireable.
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 available for sale declined year over year which then affected the number of closed sales for the month. No inventory equals fewer sales.
With strong demand and lower supply, we see that the average sale price is also up bby 9.1%.
Days on the market also increased which is contrary to the other trends. This would seem to indicate that there are some homes languishing on the market either because of being overprice, under prepared, or inadequately marketed.
This is a strong sellers market as buyers are scooping up anything desireable.
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.
Maumee School District Long Term Real Estate Market Statistics
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