Chad Wright
Real Estate Advisor
Phone: 419-236-7143
Email: chadwright95@hotmail.com
"Tell Someone You Love"
Friday, November 13, 2015
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
Wednesday, November 4, 2015
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.
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.
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
| 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.
Chad Wright
Real Estate Advisor
Phone: 419-236-7143
Email: chadwright95@hotmail.com
"Tell Someone You Love"
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