LOCAL HOUSING REPORT: November 2015

Sales numbers for the month of November 2015 came in very similar to last years numbers. Showing signs of a steady market as we head into the colder winter months.

Highest Home Selling Price: $525,000    Lowest Home Selling Price: $4,900


Homes Sold
Slight increase. Up 10 units from November 2014

Average Sale Price
Very small decrease, down only $329.00 from November 2014

Days On Market
Slight improvement. Down 3 days from November 2014


Monthly Comparison by the Numbers

Month                # Sold         Avg. Price        Avg. Days on Market

Nov 2015            118              $108,477                  135

Last Month         167              $107,519                  114

Nov 2014            108              $108,806                  138



Current number of homes for sale by price range:

$0 - $99,999                      521

100,000 - 199,999             299

200,000 - 299,999             93

$300,000 - 399,999           35

$400,000 - $499,999         19

$500,000 and Up              15           Highest asking price: $1,575,000

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

Sales figures obtained 12/2/15 from the West Central Association of REALTORS® MLS and cover the time period 11/1/2014 - 12/2/2015. May not include all market activity. Information is deemed reliable but not guaranteed.

FOR SALE!! 8 ACRE BUILDING LOT IN BATH TWP

Great Opportunity and Location For Building A Dream Home. Approx. 8 Acres Of Vacant Land In Section 2, Bath Twp., Apx. 322′ Of Road Frontage. Mostly all tillable. Near the corner of Thayer and Sugar Creek roads in Bath School District. Land in Bath doesn't come up for sale everyday. Call me today to get more information. 419-236-7143

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Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

SOLD!!! 4758 Herr Rd. Allen East

WELL CARED FOR 2BR/1BTH RANCH HOME ON 1.37 ACRES, NEWER SIDING, WINDOWS, & FURNACE, 12X9 SUN ROOM, HARDWOOD FLOORS, REMODELED BATHROOM, NEW TRIM & CARPET THROUGHOUT THE HOUSE, 2 CAR GARAGE WITH 16X10 LEAN TO.

Connect with me on: FACEBOOK 

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

LOCAL HOUSING REPORT: October 2015

October in West Central Ohio saw the housing market continue to strengthen and we had another increase in home prices. Year to year numbers showed great improvement for the month. Check out the chart below to see what the average selling price of home is this year based on the number of bedrooms it has.

Price by Bedrooms

	-2	3	4+	Total
Sell Price Volume	$14,996,353	$96,056,410	$50,333,153	$161,385,916
List Price Volume	$16,133,870	$101,040,130	$53,004,664	$170,178,664
AVG Sell Price	$66,356	$99,129	$147,605	$105,069
AVG List Price	$71,389	$104,273	$155,439	$110,793
List/Sell Ratio	93%	95%	95%	95%
Median List Price	$62,750	$92,000	$139,900	$94,900
Median Sell Price	$58,250	$88,000	$135,000	$89,500
Rate of Sales (weekly/monthly)	5.2 / 22.6	22.4 / 97.0	7.9 / 34.1	35.5 / 153.8
Supply (weeks/months)	95.0 / 21.9	82.6 / 19.1	94.6 / 21.8	87.1 / 20.1

Homes Sold
Last October we saw 154 homes sell in 2014, this year we saw a slight increase up to 167. One thing to keep in mind is right now we are still seeing a decline in inventory. There are many buyers in this market still sitting on the sidelines waiting for the right home to come on the market.

Average Sale Price
Of course this is the number that gets most of the headlines and we made quite an improvement over last year. October 2015 average sales price came in at $107,519 in our area, that's up nearly $13,000 over last years number for the same month. In the chart below you can see the average sell price of a home based on the number of bedrooms.

Days On Market
Our average days on market fell nearly a full month compared to last years number. Homes priced right can expect to be on the market a little less than 4 months on average. With the typical home loan process taking about 30-60 days, that means the average home seller is getting an acceptable offer to purchase within about 2-3 months after being on the market.


Monthly Comparison by the Numbers

Month                # Sold         Avg. Price        Avg. Days on Market

Oct 2015            167              $107,519                 114

Last Month         176              $112,377                 112

Oct 2014             154              $94,459                  141

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

Sales figures obtained 11/4/15 from the West Central Association of REALTORS® MLS and cover the time period 10/1/2014 - 10/31/2015. May not include all market activity. Information is deemed reliable but not guaranteed.

SOLD!! 1105 Roush Rd. Bath SD **Virtual Tour**

3br/1.5bth Ranch Home In Bath Schools For Less Than $90,000, Apx. 1176 Sq.ft. Plus 580 Sq.ft. In Partially Finished Full Basement W/kitchen, Large Wooden Back Deck W/above Ground Pool, Newer Vinyl Siding & Roof, Newer Carpet, Vinyl Replacement Windows, Central A/c, 2 Car Det. Garage, City Water & County Sewer.

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Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

SOLD !! 333 S. NAPOLEON RD. ALLEN EAST **VIRTUAL TOUR**

Updated 3 bedroom home in Allen East. New plumbing and 

wiring. Updated kitchen with new appliances. Updated bath 

with tile floor. Furnace 2006, Roof 2010. New concrete patio 

and sidewalk.

CLICK BELOW TO SEE A VIRTUAL TOUR:

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Chad Wright

Quality Country Homes and Farms

Phone: 419-236-7143

Email: chadwright95@hotmail.com

FOR SALE: 11540 SANDUSKY RD. ALLEN EAST SCHOOLS

BEAUTIFUL 4BR/2.5BTH BRICK 2 STORY HOME ON 2.88 ACRES IN ALLEN EAST, BUILT IN 2000, APX. 3158 SQ.FT., LARGE FOYER ENTRANCE, ALL OAK TRIM AND SIX PANEL DOORS, OAK KITCHEN CABINETS WITH CENTER ISLAND, FORMAL DINING AND LIVING ROOM, LARGE FAMILY ROOM WITH CATHEDRAL CEILINGS, OPEN STAIRCASE WITH 15'X8'LOFT, MAIN FLOOR MASTER BEDROOM AND LAUNDRY ROOM, 10' CEILINGS THROUGHOUT,FULLY INSULATED GARAGE, 45'X60'HEATED OUTBUILDING WITH WATER AND 8" CONCRETE FLOOR.

FOR MORE INFORMATION AND PICS CLICK ON THE LINK>>> 11540 Sandusky Rd.

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

SOLD!! 11050 STEMPLE RD. ALLEN EAST SCHOOLS *Virtual Tour*

Amazing 4br/2.5bth 2 Story In Allen East Sd, Built 2006, Apx. 3924 Sq.ft., 5 Acre Lot, 2 Car Att. Garage, 30×40 Outbldg. W/electric & Asphalt Floor, Large Living Room/family Room/master Br W/ Walk In Closet, Back Yard Patio Area, And Asphalt Drive Way.

Click Below to See A Virtual Tour!!

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

Local Housing Report: September 2015

The housing market here in West Central Ohio has kept its momentum as we head into the fall. We saw better numbers in all three categories. Fall is typically the second busiest time of year for the housing market in our area because home buyers want to get moved in before winter hits and the holiday season begins.


Monthly Comparison by the Numbers

Month                # Sold         Avg. Price        Avg. Days on Market

SEP 2015           176            $112,377               112

Last Month         169            $108,444               134

Sep  2014           162            $106,558               146

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

Sales figures obtained 10/6/15 from the West Central Association of REALTORS® MLS and cover the time period 9/1/2014 - 9/30/2015. May not include all market activity. Information is deemed reliable but not guaranteed.

For Sale!! 7265 FAULKNER RD. ALLEN EAST **VIRTUAL TOUR**

Very Clean & Well Kept 3br/2bth Ranch In Allen East Sd, Apx. 1632 Sq.ft., Updated Kitchen And Baths, Newer Carpet, Newly Redone Laundry, Roof ’05, Large Master Br, Above Ground Pool With Wood Deck, Attached Garage & Shaded Lot.

CLICK BELOW FOR TO SEE A VIRTUAL TOUR

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Chad Wright

Quality Country Homes and Farms

Phone: 419-236-7143

Email: chadwright95@hotmail.com

SOLD!! 3265 N. DIXIE HWY BATH SCHOOLS **VIRTUAL TOUR**

SALE PENDING!!

PRICE REDUCED $159,000

WAS $169,900

Spacious 3 Bedroom, 2.5 Bath One Level Ranch Home, Open Floor Plan With Updated Kitchen And Large Family Room/dining Room Combo, Large Master Bedroom Addition, New Natural Gas Furnace And Hot Water Heater, 3 Car Att. Garage, 2.85 Acres.

CLICK BELOW TO VIEW A VIRTUAL TOUR:

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Chad Wright

Quality Country Homes and Farms

Phone: 419-236-7143

Email: chadwright95@hotmail.com

SOLD 20 Acres Allen County Jackson Township

Presenting another Quality Farm: SOLD

Small farm acreage in Allen County, Jackson Township. 20 acres m/l with approx. 19 acres tillable, good soils. Located on Phillips road between Sugar Creek and Sandusky roads. Allen East Schools. Asking price $140,000

Connect with me on: FACEBOOK 

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Chad Wright

Quality Country Homes and Farms

Phone: 419-236-7143

Email: chadwright95@hotmail.com

SOLD!!! 566 Lutz Rd. Bath Schools

3BR/1BTH WELL MAINTAINED RANCH ON SPRINGBROOK GOLF COURSE, BUILT 1957, APX. 1092 SQ.FT., FULL PARTIALLY FINISHED BASEMENT, NEW WINDOWS 2015, HEATED ATT. GARAGE, HEATED 26X26 OUTBLDG., CITY WATER, COVERED PATIO AREA OUT BACK.

Connect with me on: FACEBOOK 

"Tell Someone You Love About"

Chad Wright

Quality Country Homes and Farms

Phone: 419-236-7143

Email: chadwright95@hotmail.com

Local Housing Report: March 2015

The spring housing market got off to a fast start this year with a nice increase in home prices and number of homes sold.

Home prices soared, up $13,000, on average compared to March of 2014. We also saw a nice rise in the number of homes sold, up nearly 20 percent. 

Market activity has also been very active in the month of April as well. A sharp increase in listing activity was a welcome sign to eager buyers looking for a home. There are currently 194 homes sale pending on the market, so not only are more homes coming on the market, buyers are finding what they like and are making a move. Good sign we may see a strong housing market this year.


Monthly Comparison by the Numbers

Month                # Sold         Avg. Price        Avg. Days on Market

March 2015        127            $104,985              140

Last Month          68              $93,518                147

March 2014         104            $91,882                172

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

Sales figures obtained 4/26/15 from the West Central Association of REALTORS® MLS and cover the time period 3/1/2015 - 3/30/2015. May not include all market activity. Information is deemed reliable but not guaranteed.

SOLD 1388 Fetter Rd. Bath Schools.

Country Location with the convenience of city utilities. This 3 bedroom home sits on a country lot and has an attached garage and a full basement. Kitchen has lots of cabinets and plenty of counter space plus a dining area for the kitchen table. Beautiful wood floors can be found throughout the home. Clean bathroom with Stand Up shower and tub. Lots of closet space in the bedrooms. Well maintained home.

Click below to see a Virtual Tour

Connect with me on: FACEBOOK 

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Chad Wright

Quality Country Homes and Farms

Phone: 419-236-7143

Email: chadwright95@hotmail.com

SOLD 8400 Sugar Creek Rd. Lima, OH - *VIRTUAL TOUR*

Country Ranch. Live the country life you've been wanting in this great 3 bedroom, 2 bath home on 2.5 acres with a fenced in pasture. This home features a great family room w/ wood burner, kitchen with center island, master bedroom and bath, separate laundry room and an enclosed porch that will allow you to enjoy the quite countryside all year long. Convenient 2 car attached garage, no more sloshing through the snow to get into your house. Contact Chad Wright today to schedule a private showing: 419-236-7143.

Take the Virtual Tour Below:

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Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

FEBRUARY 2015: Local Housing Report

In February 2015 68 homes sold here in our local market with an average sales price of $93,518. This is about a $6,500 increase over the average sale price from last February. 

10 fewer homes sold in Feb. 2015 than did last February which I think is more of an indication of lower inventory than anything else. With the average sale price going up we should see the market continue its momentum into the spring season. 

The DOM (Days on Market). which measures how long homes sit on the market before selling, was flat when compared to the same month last year. Not surprising because these last two winters have been fairly similar when it comes to weather.

The month of March begins the spring selling season and in my book, its the best month of the year to put your home on the market. Buyers who are planning to move this spring and summer are already starting to look. Most sellers will wait to list their home when the weather warms up more in April and May. But if you plan on selling this year and your house is ready to go on the market, my advice is to do it now. You'll have less homes to compete against and you just may catch an early buyer. Meaning your home could sell before your neighbor across the street ever even gets theirs on the market.


Monthly Comparison by the Numbers

Month                # Sold         Avg. Price        Avg. Days on Market

Feb. 2015             68              $93,518                147

Last Month           78             $115,402               148

Feb. 2014              78             $87,913                144

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

"Tell Someone You Love"

Sales figures obtained 3/11/14 from the West Central Association of REALTORS® MLS and cover the time period 2/1/2014 - 2/28/2014. May not include all market activity. Information is deemed reliable but not guaranteed.

SOLD 19093 Spencer Rd. *Virtual Tour*

3 BEDROOM RANCH STYLE HOME ON 4 ACRES WITH POND,LARGE KITCHEN, MASTER SUITE, LIVING ROOM WITH CATHEDRAL CEILING, FINISHED BASEMENT WITH FAMILY ROOM & FULL BATH & 3 BEDROOMS. POSSIBLE 6 BEDROOM HOME. LARGE DECK WITH 2 GAZEBOS. 3 CAR ATT. GARAGE.



Click on the movie below to see a virtual tour.




Questions or comments? If so you can reach me at:
chadwright95@hotmail.com

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

Celebrity Real Estate: Michael Jordan's 56,000 sqft Home

Michael Jordan just joined the list of Forbes Magazines' billionaires this year.

Check out the home he lived in during the Bulls championship runs in the 90's. It is currently on the market for $16 Million. It's totals 56,000 sqft including the basketball court and finished lower level. The home has 9 bedrooms and 15 full baths. It also has a pool with a grass island in the middle of it. 

See the link below for the full story and to see a video about the home.

Click Here => Michael Jordan's 16 Million Dollar Mansion




Questions or comments? If so you can reach me at:
chadwright95@hotmail.com

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

Sale Pending!! 121 S. WASHINGTON ST. LAFAYETTE

NEWLY REMODELED 3 BEDROOM/1BTH HOME WITH A POSSIBLE 4TH BEDROOM UPSTAIRS. APX. 1819 SQ.FT. ALL NEW PLUMBING, WIRING, WINDOWS, METAL ROOF, FURNACE, HEAT PUMP, AND NEWLY CONSTRUCTED 24X24 2 CAR ATTACHED GARAGE. REMOTE CONTROLLED GAS FIREPLACE IN FAMILY ROOM. 

CLICK ON THE VIDEO TO SEE A SLIDESHOW

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com

January 2015 Local Housing Report

January 2015 saw 78 homes sell with an average sales price of $115,402. This was a very slight increase in the number of homes sold when compared to last January but there was a sharp increase in the average price. The DOM (Days on Market). which measures how long homes sit on the market before selling, that number decreased by 23 days. This indicates that the housing trends may continue to move away from a buyers market and into a more neutral market for 2015.



Monthly Comparison by the Numbers

Month                # Sold         Avg. Price        Avg. Days on Market

Jan. 2015             78              $115,402          148

Last Month          114            $107,894           158

Jan. 2014              76             $103,326           171


Questions or comments? If so you can reach me at:
chadwright95@hotmail.com

Chad Wright

Real Estate Advisor

Phone: 419-236-7143

Email: chadwright95@hotmail.com