Batavia Home Sales Update Covering May 2017

Batavia Homes Sale Update | May 2017 | Batavia Homes For Sale

Batavia School District | Batavia Home Sales Update

 

Batavia Home Sales Update continues on a strong and consistent Batavia Home Sales Updatepath.  Home sales in the Batavia School District have the second highest absorption rate among other Clermont County school districts at 3.94 months.  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 3.94 months to sell every listing.  That is a indication of a mild seller’s market.

That is supported by increase of the average sale price.  It is now at the highest price for 2017 at $187,577.  That is about $11,000 higher than the April numbers.

The one item of concern is that Batavia home sales lag behind in the amount of time it takes the average home to sell.  Currently at 74 days, it is the slowest in the area.

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