Batavia Home Sales Update Covering June 2017

Batavia Homes Sale Update | June 2017 | Batavia Homes For Sale

Batavia School District | Batavia Home Sales Update

 

Batavia Home Sales Update

Batavia Home Sales Update has the strongest numbers of the year to report for two key categories.  For 2017, June showed the highest average sale price.  It is up $9000 from May and approximately $20,000 for the months prior to that!  That is a great trend for home sellers and home buyers are taking advantage of the interest rates making both winners.

Another record setter is the highest sale price to listing price ratio.  It climbed to 97.58%.  That is 2% higher than earlier months in the year.  

Home sales in the school district also lead other school districts in Clermont in it’s absorption rate of 3.4.  That means that based on the average rate of sales for the last 6 months, if no new listings were added to the current inventory, there would only take 3.4 months to sell every listing.  That is a indication of a mild seller’s market.

Of interest, the one category where Batavia homes sale are being the other school districts is the days on market.  It is showing that homes that sold in June, they were on the market for 67 days.  Uh…. based on the market from even a year ago, that is great!

If you are looking for an agent to sell your home who understands home sales in our area, call or text us at 513-201-7890 or Click Here!

Batavia 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, 20174813127$176.972$170,72196.47%2.960
February, 20174825108$220,589$179,45896.84%4.162
March, 2017483099$228,197$178,11796.97%4.777
April, 2017464091$235,236$176,14696.99%5.768
May, 20173239108$221,912$187,57797.27%3.9474
June, 20173830117$237,082$196,21897.583.4967
July, 20174131120$230,471$197,53297.86%3.665
August, 2017321991$256,178$219,62297.89%3.462
September, 20173822142239,995198,81597.882.555
October, 2017
November, 20173717119$232,956$189,47897.65%2.742
December, 20173418106$237.149$187,68197.5%2.946