Anthony Wayne School Area Real Estate Market Update for April 2018 Sales

Описание: The Anthony Wayne School area real estate market continues it's strong performance while being hampered by low inventories that are keeping sales in check.

The average home price increased to $272,336 (+17.7%). Keep in mind that, in the short term, this number reflects the homes sold in April 2018 and not the overall average price. However, the numbers continue to increase which is good news for homeowners.

The number of homes for sale decreased by 13.4% to 155, confirming the ongoing shortage of available homes. As economics would dictate, the lower inventories brought a decrease in the amount of time to sell a home. The average days on market decreased 4% to 95.

Finally, closed sales increased by 11.6% to 48 which also provides a drain on the available homes for sale.

All in all, it's a sellers market with buyers eagerly searching for available homes. If you're thinking of selling, now is the time!

To see longer term trends, go to our website: http://www.toledoareahomes.com and scroll to the bottom of the home page to see long term trend charts for the entire Toledo area, or, if you would like the long term trends for your market, click the Communities tab at the top and select your market. Scroll down to see your local trends.

For a free valuation of your home, call or text me at 419-779-6229. Thanks!

To search for homes, visit: http://homesearch.toledoareahomes.com...


The Kelley Knitz Team is among the leaders in the Toledo area real estate market.
Kelley is sharing her 25+ years of experience to help new home buyers and home sellers understand the complexities of the home buying process.

Please visit our website at: http://www.toledoareahomes.com