Bethel Tate Home Sales Update For June 2017

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

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The Bethel Tate home sales update for June 2017, in comparison to last month’s could be called “Steady Eddy.”  The absorption rate that indicates either a seller’s or buyer’s market continues at a healthy 4.48, which is pretty much a balanced market.  That shows sellers who want to sell are able to while buyers are finding good opportunities while feeling a slight pressure from other buyers on the market.

On average, homes are selling in just under 2 months on the market and are gleaning 96.17% of asking price.  That is rather solid as historically the Greater Cincinnati area use to see 94% to 96% of asking price.

Of the best news, the average sale price has climbed by about $1000 over May’s numbers indicating a continued buyer demand while the inventory continues to be lower.

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 June 2017
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