Loveland Home Sales Update | April 2017 | Loveland School District

Loveland Home Sales

The Loveland home sales update for April is 90% great news!  Home sales in Loveland set the pace for all other school districts in Clermont County.  At $503,010 as the average price of all homes active on the Multiple Listing Service, Loveland was strong than others in the area.  Loveland schools also led in average square feet, average pending price and the average sale price of $303,249.  

Of concern is the rising absorption rate.  April’s number jumped to 6.8 which indicates a weak buyer’s market.  While not a call to be overly concerned, it will bear watching for the next few months.  The jump is likely due to an increase of about 20 additional homes on the market in contrast to previous months.  The sale price to asking price percentage has remained the same and the sale price has not fallen.  If either of those two measures becomes weaker, that will be a time where home sellers will need to get more proactive in pricing and incentives offered to buyers.

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.  Call or text 513-201-7890 or Click Here.

[table id=22 /]