Loveland Home Sales Update | May 2017 | Loveland School District
Loveland Home Sales
The Loveland home sales update for May is almost a copy of April’s numbers. While the total 
number of active, pending and sold homes is up over the last month, the days on market actually fell! That is great news for home sellers and a call to action for home buyers. At an average days on market of 41, if a home is well priced and in good shape for the market, the sellers had better start packing when the for sale sign goes into the yard!
Of continued concern is the absorption rate. April’s number jumped to 6.8, where it remained in May. This indicates a weak buyer’s market. What is reducing concerns is the average sale price increased by 1% from April to May. If that number flattens out, the trend will have to be paid closer attention to. Also, the sale to listing price percentage is actually stronger which is another measurement that counters the absorption rate.
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.
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 PriceAbsorption 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
