Clermont Northeastern Home Sales – For September 2017

Clermont Northeastern Home Sales | September 2017 | CNE Homes For Sale 

Clermont Northeastern Home Sales

Clermont Northeastern home sales

The Clermont Northeastern Home Sales for September, 2017 is impressive.  For the district, there are several high water marks that are great news for home sellers and buyers.

I am frequently asked about sale prices when it comes to the market.  CNE just posted the highest average sale price of the calendar year at $172,446!  It is not a spike, which is great news because it reflects a steady growth in a market with good stability.  This is a hopeful sign for what the market should be like in 2018 and shows steady growth from last month’s report.

The average days on market has also hit a new record, this being a lower number.  At 31 days on the market, home owners need to have plans to move before listing their home.  This shows there are active buyers on the market and are jumping at well priced homes when they become available. 

Two other numbers of note are the number of sales and the sale to listing price percentage.  Setting another record for the calendar year, there were 76 closings over the last 6 months at a sale to listing percentage of 97.94%.  The higher number of sales weren’t brought about because home owners were discounting their prices, rather it was the demand for homes in the school district.  Basically, home sellers asking $100,000 for their homes received $98,000.  

For details about the market, check the graph below.

If your home was on the market and didn’t sell, Contact Us, or use the simple EZ Form below.  We specialize on selling homes which other agents struggled with.

I'd like to talk about selling my home...

CNE 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, 2017381169$342,995$155,16697.55%4.338
February, 2017331465$380,677$165,56096.94%4.145
March, 2017321854$359,094$155,74396.87%5.5547
April, 2017352649$336,535$158,68296.96%7.650
May, 2017283057$377,786$161,79397.11%6.141
June, 2017272659$387,817$163,68196.96%5.4140
July, 2017292366$394,966$172,13396.59%4.737
August, 2017312368$380,306$169,49496.90%4.832
September, 2017322076$368,125$172,44697.94%4.131
October, 2017
November, 201735980$321,551$185,53798.15%3.328
December, 2017371069$319,874$179,08397.92%4.129

Summary
Review Date
Reviewed Item
Clermont Northeastern homes sales update for September, 2017
Author Rating
51star1star1star1star1star