Clermont Northeastern Home Sales | September 2017 | CNE Homes For Sale
Clermont Northeastern Home Sales
The Clermont Northeastern Home Sales for September, 2017 is impressive. For the district, there are several high water marks that are great news for home sellers and buyers.
I am frequently asked about sale prices when it comes to the market. CNE just posted the highest average sale price of the calendar year at $172,446! It is not a spike, which is great news because it reflects a steady growth in a market with good stability. This is a hopeful sign for what the market should be like in 2018 and shows steady growth from last month’s report.
The average days on market has also hit a new record, this being a lower number. At 31 days on the market, home owners need to have plans to move before listing their home. This shows there are active buyers on the market and are jumping at well priced homes when they become available.
Two other numbers of note are the number of sales and the sale to listing price percentage. Setting another record for the calendar year, there were 76 closings over the last 6 months at a sale to listing percentage of 97.94%. The higher number of sales weren’t brought about because home owners were discounting their prices, rather it was the demand for homes in the school district. Basically, home sellers asking $100,000 for their homes received $98,000.
For details about the market, check the graph below.
If your home was on the market and didn’t sell, Contact Us, or use the simple EZ Form below. We specialize on selling homes which other agents struggled with.
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CNE 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 38 11 69 $342,995 $155,166 97.55% 4.3 38
February, 2017 33 14 65 $380,677 $165,560 96.94% 4.1 45
March, 2017 32 18 54 $359,094 $155,743 96.87% 5.55 47
April, 2017 35 26 49 $336,535 $158,682 96.96% 7.6 50
May, 2017 28 30 57 $377,786 $161,793 97.11% 6.1 41
June, 2017 27 26 59 $387,817 $163,681 96.96% 5.41 40
July, 2017 29 23 66 $394,966 $172,133 96.59% 4.7 37
August, 2017 31 23 68 $380,306 $169,494 96.90% 4.8 32
September, 2017 32 20 76 $368,125 $172,446 97.94% 4.1 31
October, 2017
November, 2017 35 9 80 $321,551 $185,537 98.15% 3.3 28
December, 2017 37 10 69 $319,874 $179,083 97.92% 4.1 29
