Loveland Home Sales | For 2017 | Loveland School District

Loveland Home Sales

 

Loveland home sales for 2017 was rather consistent.  The average time on market stayed close to 40 to 50 days throughout the year.  Some school districts saw some swings on how long a home stayed on the market from as few as 20 days up to 90 or more.

The absorption rate for the year varied some from a balanced 6 to more of a seller’s market of 3.  That seemed to have followed the supply of homes on the market. When there were more homes available during Spring and early Summer,and closings were not keeping up with the number, the absorption rate naturally raised.  That shouldn’t be a cause for alarm.

The sale price to list price ration stayed very steady through the year, basically running around 97% to 98% of asking price.

The biggest mover was the sale price of homes.  It started out in January at an average of $288,644 and ended at $322,472.  That is better than 11% increase.  Some analysts are expecting the trend to continue in 2018.  It is a bit of a concern when prices increase that quickly that it might be forming a bubble that will need to be adjusted for.  We’ll continue watching the numbers for you.

See the graph below for all the market stats.

See all the market updates for Clermont County school districts, Click Here!

If you’ve had your home on the market and it didn’t sell, let us know!  We specialize in selling homes other agents struggled with.  We’d love to show you why we are a top agent for Loveland!  Call or text 513-201-7890 or Click Here or use this simple EZ Form.

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Loveland 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 Price	Absorption Rate > 6 = Buyer's Market < 5 = Seller's Market	Avg Days On Market
January, 2017	81	38	185	$497,888	$288,664	97.19%	3.9	47
February, 2017	81	55	167	$506,495	$291,787	96.99%	4.9	52
March, 2017	84	68	156	$506,867	$289,749	97.16%	5.8	49
April, 2017	104	71	154	$503,010	$294,848	97.23%	6.8	46
May, 2017	112	86	175	$477,341	$297,700	97.92%	6.8	41
June, 2017	120	77	199	$459,160	$297,776	97.84%	5.93	33
July, 2017	130	69	238	$456,436	$312,532	97.9%	5.0	36
August, 2017	119	45	253	$475,818	$335,341	98.12%	3.9	41
September, 2017	112	51	258	$488,301	$335,907	97.83%	3.8	41
October, 2017
November, 2017	99	45	269	$483,289	$322,535	97.73%	3.2	43
December, 2017	92	27	239	$464,882	$322,472	97.54%	3	46