Anthony Wayne 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 watch the video.
Click the picture below to watch the video.
The real estate market in the Anthony Wayne Schools area is a classic representation of what is going on in the housing market nationwide.
December brought a huge reduction in inventory, down 29.2%, average days on the market, down 30.7%, and sales, down 7.8%, over the same time period last year.
The average sale price held steady but as we know that is showing us the average of the homes sold for that month.
2022 should bring some relief for home buyers. Interest rates are projected to continue the rise that started near the end of the year for mortgages. A somewhat questionable economy and national temperment may also have some influence.
The housing market for 2022 is expected to be good, but not crazy good like we've been experiencing.
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.
December brought a huge reduction in inventory, down 29.2%, average days on the market, down 30.7%, and sales, down 7.8%, over the same time period last year.
The average sale price held steady but as we know that is showing us the average of the homes sold for that month.
2022 should bring some relief for home buyers. Interest rates are projected to continue the rise that started near the end of the year for mortgages. A somewhat questionable economy and national temperment may also have some influence.
The housing market for 2022 is expected to be good, but not crazy good like we've been experiencing.
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.
Anthony Wayne School District Long Term Real Estate Market Statistics
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