Loveland Home Sales Update | September 2017 | Loveland School District
Loveland Home Sales
The Loveland home sales update for September continues a pattern of continued strong indicators for the market.
The number of sales has gone up again! It is at the highest point for the year at 258, up from last month’s 253. Part of what is driving this are the interest rates. Much to everyone’s surprise, instead of going up, they actually dropped leaving buyers with more buying power.
Last month we report how the average sale price had increased to $335,341. Again, likely due to the lower interest rates, the average sale price crept a bit higher to $335,907. That is supported by a low absorption rate of 3.8. That number indicates a moderate seller’s market. When combined with a higher demand and the interest rate, that can easily explain the continued higher sale prices. That is also a very welcomed indicator when looking toward 2018.
See the graph below for all the market stats.
See all the market updates for Clermont County school districts, Click Here!
If you’ve had your home on the market and it didn’t sell, let us know! We specialize in selling homes other agents struggled with. We’d love to show you why we are a top agent for Loveland! Call or text 513-201-7890 or Click Here or use this simple EZ Form.
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Loveland School District Market Update (Each month is the previous 6 months totals & averages)
Active Listings Pending Listings Sold Listings Avg Active Price Avg Sold Price % of List
To Sale PriceAbsorption Rate
> 6 = Buyer's Market
< 5 = Seller's Market Avg Days
On Market
January, 2017 81 38 185 $497,888 $288,664 97.19% 3.9 47
February, 2017 81 55 167 $506,495 $291,787 96.99% 4.9 52
March, 2017 84 68 156 $506,867 $289,749 97.16% 5.8 49
April, 2017 104 71 154 $503,010 $294,848 97.23% 6.8 46
May, 2017 112 86 175 $477,341 $297,700 97.92% 6.8 41
June, 2017 120 77 199 $459,160 $297,776 97.84% 5.93 33
July, 2017 130 69 238 $456,436 $312,532 97.9% 5.0 36
August, 2017 119 45 253 $475,818 $335,341 98.12% 3.9 41
September, 2017 112 51 258 $488,301 $335,907 97.83% 3.8 41
October, 2017
November, 2017 99 45 269 $483,289 $322,535 97.73% 3.2 43
December, 2017 92 27 239 $464,882 $322,472 97.54% 3 46
