Goshen Home Sales | September 2017 | Goshen School District
Goshen Homes For Sale
Goshen home sales for September 2017 shows a continued healthy market that is great news for home sellers and buyers! There are four areas to note in contrast to last month’s report.
The average sale price has moderated slightly downward from the June and July high water marks. Too fast of an increase in sale prices isn’t good for a market. It could be compared to the dot com crash that occurred years back when the value of doing online stores that had no physical presence to support them skyrocketed only to crash, costing many investors to lose everything. Over inflation of prices usually results in a rapid deflation in prices
The sale price to list price is amazing. This month’s number is a new high for the year at 98.84%. Sellers are seeing almost $99 for every $100 they ask for their homes. That, combined with the average days on market of only 22 days shows there are frustrated buyers on the market. They are actively looking for a home and are competing with other buyers when a well priced home becomes available.
The other number of great interest is the absorption rate. It currently stands at the lowest it has been for 2017 at 2.7. That is an indicator of a decent seller’s market.
Check out the graph below for all the statistics.
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If your home has failed to sell, we can help! We specialize in selling homes other agents couldn’t. Call or text us at 513-201-7890 or Click Here or use the simple EZ Form below.
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Goshen 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 29 27 107 $236,750 $155,579 98.53% 3.1 34
February, 2017 25 26 103 $257,606 $158,139 97.39% 2.9 37
March, 2017 20 35 84 $278,678 $152,238 96.11 3.9 31
April, 2017 25 32 75 $264,374 $150,727 96.37% 4.6 32
May, 2017 25 41 75 $252,616 $157,347 96.05% 5.28 31
June, 2017 24 35 78 $261,292 $164,463 96.36% 4.54 29
July, 2017 24 42 80 $283,992 $162,763 96.45% 5.0 28
August, 2017 21 30 95 $226,318 $158,825 97.55% 3.2 24
September, 2017 21 24 100 $232,951 $158,201 98.84% 2.7 22
October, 2017
November, 2017 21 24 126 $310,408 $160,228 98.12% 2.1 18
December, 2017 20 28 118 $232,679 $159,303 97.96% 2.4 19
