Perrysburg 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 the video.
Click the picture below to view the video.
The real estate market in the Perrysburg school area is struggling to meet the demand of home buyers with some changes from the same time period last year. Inventories shrank by 9.5% indicating home owners are missing the market opportunities available right now. That's also reflected in the sales numbers which are also 25.7% lower than the same period last year.
Days on the market also decreased by 17.1% indicating that what inventory is available is getting snatched up by motivated buyers. Prices, which are an average for the month of December 2018 only were $243,029, down 19.1%.
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.
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 also decreased by 17.1% indicating that what inventory is available is getting snatched up by motivated buyers. Prices, which are an average for the month of December 2018 only were $243,029, down 19.1%.
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.
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.
Perrysburg School District Long Term Real Estate Market Statistics
|
|
|
