Bethel Tate Home Sales Update | For June 2017 | Bethel Tate School District
Bethel Homes For Sale
The Bethel Tate home sales update for June 2017, in comparison to last month’s could be called “Steady Eddy.” The absorption rate that indicates either a seller’s or buyer’s market continues at a healthy 4.48, which is pretty much a balanced market. That shows sellers who want to sell are able to while buyers are finding good opportunities while feeling a slight pressure from other buyers on the market.
On average, homes are selling in just under 2 months on the market and are gleaning 96.17% of asking price. That is rather solid as historically the Greater Cincinnati area use to see 94% to 96% of asking price.
Of the best news, the average sale price has climbed by about $1000 over May’s numbers indicating a continued buyer demand while the inventory continues to be lower.
When it comes time to sell your home, get an agent who understands our market and stays on top of what is happening. Call or text 513-201-7890 or Click Here!
Bethel Tate 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
February, 2017 27 17 57 $250,188 $122,690 97.17 4.6 52
March, 2017 22 16 59 $257,008 $127,607 96.37% 3.87 61
April, 2017 17 19 57 $288,159 $125,625 95.58% 3.8 66
May, 2017 24 22 63 $252,713 $136,178 95.79 4.38 62
June, 2017 25 22 63 $260,950 $137,040 96.17% 4.48 59
July, 2017 28 16 74 $224,183 $145,363 96.47% 3.6 50
August, 2017 32 19 91 $251,950 $151,944 96.99% 4.1 41
September, 2017 21 23 73 $271,574 $145,831 97.56% 3.7 31
October, 2017
November, 2017 26 15 74 $196,523 $156,978 96.52% 3.3 34
December, 2017 22 17 60 $207,209 $152,854 96.1% 3.9 28
