Goshen Home Sales Update |June 2017 | Goshen School District
Goshen Homes For Sale
The Goshen home sales update for June 2017 continues on a solid, consistent pattern. The absorption rate, the number that indicates whether it is a buyer or seller’s market, is sitting in pretty much a balanced market position at 4.54 months of inventory. That means buyers are in some competition with other buyers while sellers are seeing their homes sold if they are being marketed correctly.
Last month we were going to watch how the number of sales faired. The number has dropped from the first of the year which is opposite of what other local school districts are experiencing. While it hasn’t increased to the numbers from previous months, it continues to hold its own. We’ll continue watching in the months to come.
Goshen has the second lowest days on market in contrast to the other Clermont County school districts. 29 days is an EXTREMELY short market time. Basically, if the home is marketed as it should be, while paying attention to condition and pricing, a home seller should have moving plans BEFORE the home is put on the market.
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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
