Bethel Tate Home Sales Update For July 2017

Bethel Tate Home Sales Update | For July 2017 | Bethel Tate School District

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The Bethel Tate home sales update for July 2017, in a word… WOW!  This past months numbers set some high water points for the market!

The average sale price climbed to $145,363!  Compared to January of this year, that is an increase of over $22,000!  That can be influenced by different items, but is overall an indicator of a healthy market.  It is a continuation of a trend that has continued so far this year.

Another record for the year number days on the market it takes for a home to sell.  That is now down to 50.  While not the strongest in the county, homes are selling in about 2 months.  If homes listed under $160,000 are not getting serious interest within a couple weeks of going on the market, buyers are sending a message.  First check the marketing to make sure that it is being seen by buyers and also that the marketing is presenting a desirable message about the home.  Second, check the price against what has actually closed.  Too often homes are listed primarily looking at homes that are active, i.e. have failed to sell so far.  A home seller must understand what buyers have actually been will to pay for a home, not what a seller is hoping to get.

The other great news is that sellers are getting more of their asking price than at any previous time of the year!  Priced right, marketed right and in good condition, homes are now getting 96.47% of their asking price!

When it comes time to sell your home, get an agent who understands our market and stays on top of what is happening.  Call or text 513-201-7890 or Click Here!

Bethel Tate School District Market Update (Each month is the previous 6 months totals & averages)

 Active ListingsPending ListingsSold ListingsAvg Active PriceAvg Sold Price% of List
To Sale Price
Absorption Rate
> 6 = Buyer's Market
< 5 = Seller's Market
Avg Days
On Market
January, 2017
February, 2017271757$250,188$122,69097.174.652
March, 2017221659$257,008$127,60796.37%3.8761
April, 2017171957$288,159$125,62595.58%3.866
May, 2017242263$252,713$136,17895.794.3862
June, 2017252263$260,950$137,04096.17%4.4859
July, 2017281674$224,183$145,36396.47%3.650
August, 2017321991$251,950$151,94496.99%4.141
September, 2017212373$271,574$145,83197.56%3.731
October, 2017
November, 2017261574$196,523$156,97896.52%3.334
December, 2017221760$207,209$152,85496.1%3.928

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Bethel Tate Home Sales Update For July 2017
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