West Clermont Home Sales | September 2017 | West Clermont School District
West Clermont Homes For Sale
Last month’s West Clermont Home Sales report is similar to this month’s. Last month we report home were only on the market for 22 days. This month the number is the same, the average home is only on the market for 22 days before going under contract. That is an amazingly short period! In so many words a home seller has to have moving plans made BEFORE putting their home on the market.
The average sale price moderated slightly. Last month’s average sale price was $182,272. This month’s is $181,589. That is a slight decrease but is normal in a healthy market. A continuing growing price is a bit scary due to being unrealistic. Upward trends have peaks and valleys. This is a good sign for the market in 2018.
The total number of closing hit a new high for the calendar year. For the last six months there have been 544 closings. That is more than Milford and Loveland combined!
The 2.7 number for the absorption rate indicates a seller’s market, which is supported by all the other numbers of days on market, sale price ratio and average sale price.
Check out all the statistics in the graph below.
To see how the school districts in Clermont have done, Click Here.
Bottom line, if your home failed to sell, CALL US! We specialize in selling homes other agents couldn’t sell! Call or text 513-201-7890 or Click Here! You can also use the simple EZ Form below!
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West Clermont 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 | 142 | 123 | 538 | $184,311 | $162,810 | 97.71% | 2.9 | 40 |
| February, 2017 | 113 | 158 | 498 | $188,124 | $161,705 | 97.63% | 3.3 | 43 |
| March, 2017 | 118 | 162 | 495 | $196,279 | $164,055 | 97.59% | 3.39 | 43 |
| April, 2017 | 124 | 184 | 484 | $212,749 | $165,746 | 97.81 | 3.8 | 42 |
| May, 2017 | 129 | 173 | 518 | $220,999 | $165,586 | 97.87% | 3.5 | 40 |
| June, 2017 | 162 | 162 | 536 | $221,210 | $166,168 | 98.23% | 3.65 | 32 |
| July, 2017 | 169 | 179 | 572 | $216,736 | $165,702 | 98.32% | 3.7 | 29 |
| August, 2017 | 134 | 155 | 523 | $235,922 | $182,272 | 98.57% | 3.3 | 22 |
| September, 2017 | 130 | 118 | 544 | $240,338 | $181,589 | 98.44% | 2.7 | 22 |
| October, 2017 | ||||||||
| November, 2017 | 141 | 129 | 602 | $220,907 | $173,841 | 98.30% | 2.7 | 24 |
| December, 2017 | 119 | 95 | 578 | $219,570 | $175,00 | 98.08% | 2.2 | 26 |
