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.
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