Wednesday, February 4, 2015

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

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