Batavia Homes Sales Update Covering March 2017 | Batavia Homes For Sale | Clermont Homes For Sale
Numbers have remained fairly consistent over the last couple of months with a few areas that well bear watching for 
the next few months. Batavia homes sales have been on the good side reflected in the increase of the number of homes under contract, i.e. pending. In part that is due to the time of year and the increase of activity in the market.
Of concern are a couple of areas. First is the increase of the average time a home is on the market. It increased 15 days in one month’s time. The second is the absorption rate which indicates if it is a buyer or seller’s market. That has crept up to 4.7 months of inventory. The number is still very good, showing a close to balanced market, but it has been slowly rising since the beginning of the year when it was at 2.9 months of inventory. Please see the chart below.
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 PriceAbsorption 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
