Batavia Home Sales | Year of 2017 | Batavia Homes For Sale

Batavia School District | Batavia Home Sales

Batavia home sales for the year of 2017 followed a comfortable, normal pattern with a trend toward becoming stronger. There are several measures of significance.

The first is the days on market.  The years started with and average of 60 days of market time before going under contract.  It was as high as 77 days going into March but started into a decline, ending the year at 46 days.

The second is the sale price to list price ratio.  January’s average covering a six month period was 96.47%.  By years end, that moderated higher to 97.5% and had been as high in the later part of the year at 97.89%.  When combined with the diminished days on market, buyers were being faced with fewer choices, pushing buyers to choose faster and not try to dicker as much on the price.

The biggest indicator of a happy 2017 market was the average sale price.  It started the year at $170,721 and ended about 9% higher at $187,681.  Four times during the year the average sale price was close to or just over $200,000.

Projections for 2018 continue to look good.  Domestic indicators point to a solid year.  The main hesitation expressed by some deal only with international concerns.

Check out all the statistics in the graph below.

To see how the school districts in Clermont have done, Click Here.

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Batavia 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 Price	Absorption Rate > 6 = Buyer's Market < 5 = Seller's Market	Avg Days On Market
January, 2017	48	13	127	$176.972	$170,721	96.47%	2.9	60
February, 2017	48	25	108	$220,589	$179,458	96.84%	4.1	62
March, 2017	48	30	99	$228,197	$178,117	96.97%	4.7	77
April, 2017	46	40	91	$235,236	$176,146	96.99%	5.7	68
May, 2017	32	39	108	$221,912	$187,577	97.27%	3.94	74
June, 2017	38	30	117	$237,082	$196,218	97.58	3.49	67
July, 2017	41	31	120	$230,471	$197,532	97.86%	3.6	65
August, 2017	32	19	91	$256,178	$219,622	97.89%	3.4	62
September, 2017	38	22	142	239,995	198,815	97.88	2.5	55
October, 2017
November, 2017	37	17	119	$232,956	$189,478	97.65%	2.7	42
December, 2017	34	18	106	$237.149	$187,681	97.5%	2.9	46