Milford Home Sales Update | September, 2017 | Milford School District
Milford Homes For Sale
As with last month’s report, this month’s Milford Home Sales is yet another award winner! There are several consistent indicators as well as some new records for the year.
A great confidence builder for home sales in the school district is the continued sale to listing price ratio. It has been steady all calendar year just below or above 98%. In other words, sellers see $98 for every $100 they ask. That consistency is a great confidence booster for buyers that they aren’t likely to loose money when buyer a home in the Milford school district.
Another great indicator that home sales in the school district have enjoyed throughout 2017 is the days on market. At 22 for this month’s report, it has never been higher than 29 since January. Other school districts have seen greater swings. This is another indicator of a very solid and consistent market.
The last indicator of good stability is the average sale price of $245,238. That is slightly higher than last month’s. Overall, the trend on the average sale price has continued upward.
Check out the graph below for all the statistics.
To see the reports for the other school districts, Click Here. Check out the graph below to see it for yourself. If it is marketed correctly, your home should sell quickly.
If your home didn’t sell, let us know. We specialize in selling homes other agents couldn’t. Either call or text 513-201-7890 or Click Here. We’d love to show you why we a top agent in Milford and Miami Township. Or use the simple EZ Form.
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If you’d like to create your own specialized home search, Click Here!
Milford School District Market Update (Each month is the previous 6 months totals & averages)
Active Listings Pending Listings Sold Listings Avg List Price Avg Sold Price % of List
To Sale PriceAbsorption Rate
> 6 = Buyer's Market
< 5 = Seller's Market Avg Days
On Market
January, 2017 75 69 284 $311,690 $225,164 97.71% 3.0 28
February, 2017 72 110 256 $322,054 $220,537 97.27% 4.3 29
March, 2017 73 100 257 $313,552 $212,245 97.56% 4 28
April, 2017 73 113 255 $337,389 $218,194 97.76% 4.4 28
May, 2017 107 117 273 $334,048 $218,148 98% 4.92 28
June, 2017 101 95 314 $331,422 $222,558 98.26% 3.75 25
July, 2017 107 97 339 $323,223 $228,951 98.33% 3.6 23
August, 2017 93 79 324 $317,147 $242,944 98.42% 3.2 23
September, 2017 88 84 327 $327,060 $245,238 98.29% 3.2 22
October, 2017
November, 2017 65 55 350 $311,357 $235,978 97.93% 2.1 24
December, 2017 64 34 309 $315,098 $230,386 97.80% 2 26
