Milford Home Sales Update | Milford School District | Clermont Homes For Sale
Welcome to the FIRST of the monthly updates for the various school districts in Clermont County. Here are the numbers for January, 2017 for the Milford School District…
As of January 30, 2017…
- Active Listings: 75
- Pending Listings: 69
- Sold Listings (last 6 months): 284
- Average Sold List Price: $230,448
- Average Sold Price: $225,164
- Average Sale to List Price: 97.71%
- Average Sold Homes Days On Market: 28
When taking the average number of sales for the last six months and dividing that into the number of active and pending listings, that means there is 3 months of inventory. That means it is more of a seller’s market than a buyers, but not a strong one. Bottom line, it is expected that sales should continue to be good with slight increases in prices continuing.
Just take a look around and you’ll see the increase in new construction. That is another good sign as healthy new construction not only indicates more financial security for the average family, but it is also a reflection of consumer confidence in the economy.