Loveland Home Sales – For September 2017

Loveland Home Sales Update | September 2017 | Loveland School District

Loveland Home Sales

 

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 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, 20178138185$497,888$288,66497.19%3.947
February, 20178155167$506,495$291,78796.99%4.952
March, 20178468156$506,867$289,74997.16%5.849
April, 201710471154$503,010$294,84897.23%6.846
May, 201711286175$477,341$297,70097.92%6.841
June, 201712077199$459,160$297,77697.84%5.9333
July, 201713069238$456,436$312,53297.9%5.036
August, 201711945253$475,818$335,34198.12%3.941
September, 201711251258$488,301$335,90797.83%3.841
October, 2017
November, 20179945269$483,289$322,53597.73%3.243
December, 20179227239$464,882$322,47297.54%346

 

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Loveland Home Sales For September 2017
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