Goshen Home Sales Update For May 2017

Goshen Home Sales Update |May 2017 | Goshen School District

Goshen Homes For Sale

The Goshen home sales update for May 2017 reflects a trend being shared by home sales in Goshen home sales upateseveral other Clermont school districts.  The absorption rate, the number that indicates whether it is a buyer or seller’s market, is rising.  Goshen’s number is much closer to being a balanced market than the seller’s market which it was earlier in the year.  For Goshen, this is being fed by a slow down in the number of home sales.  As reflected in the grid below, the number of sales has been tapering off a bit.  Again, it isn’t something to panic about, however, it will need to be closely monitored over the next couple months.

Worst case scenario is the rate starts sliding into a buyer’s market. That would mean home sellers would have to be more aggressive on their pricing and paying closer attention to the condition of their home.  We have tools that are a tremendous help when buyers are confronted with many homes to chose from.

For now, a home that is well priced and in good condition should be selling within a couple of months. 

If your home has failed to sell, we can help!  We specialize in selling homes other agents couldn’t.  Call or text us at 513-201-7890 or Click Here!

Goshen 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, 20172927107$236,750$155,57998.53%3.134
February, 20172526103$257,606$158,13997.39%2.937
March, 2017203584$278,678$152,23896.113.931
April, 2017253275$264,374$150,72796.37%4.632
May, 2017254175$252,616$157,34796.05%5.2831
June, 2017243578$261,292$164,46396.36%4.5429
July, 2017244280$283,992$162,76396.45%5.028
August, 2017213095$226,318$158,82597.55%3.224
September, 20172124100$232,951$158,20198.84%2.722
October, 2017
November, 20172124126$310,408$160,22898.12%2.118
December, 20172028118$232,679$159,30397.96%2.419

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Goshen Home Sales Update
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