Loveland Home Sales Update Covering Feb 2017 | Clermont Homes For Sale | Loveland
Home Sales In The Loveland School District | Miami Township
Wow! February’s numbers are encouraging! The average sale price of Loveland home sales inched up by approximately $3000. While that doesn’t sound exciting, it addresses a pattern of sustained positive growth. To big on price swings going up have the pendulum effect of quickly swinging back to the negative side. Great Cincinnati has traditionally enjoyed a steady growth in value which was about 3% to 4% a year until 2007.
Another great sign is the absorption rate, or the indicator of whether it is a buyer’s or seller’s market. Loveland is sitting at 4.9 months of inventory which is very close to a balanced market. That means both buyers and sellers can approach buying and selling a home with more confidence, resulting in win – win situations for many currently in the market.
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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 |
