Clermont Northeastern Sales Update Covering Feb 2017

Clermont Northeastern Sales Update Covering Feb 2017 | Clermont Homes For Sale | Clermont Northeastern

Home Sales In The Clermont Northeastern School District

Over all, when the average sale price goes up for home sales in a school Clermont Northeaster Sales Updatedistrict, it is good news!  That is the case for Clermont Northeastern sales!  In contrast to the previous month, the average price increased by $10,000!  What accounts for that?

There are several issues which can be involved.  There are a few less homes available which often means buyers get into bidding wars.  More likely is the uptick in sales of new construction.  Price per square foot for a new built home is usually more than for the sales of existing homes, however, that doesn’t mean the sale of existing homes suffers.  When new construction thrives, it pulls the rest of the market along for the ride.

You’ll also see the average price for all active properties in the school district took a nice jump.  Again, this covers all types of residential properties, but when this number rises, it is also a likely good sign for sales in the next couple of months.

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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