We all wonder how the real estate market is doing (maybe not all of us) and hoping to see an improvement in the coming months.
The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more located on my web site http://homesforsalelucascounty.com Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
Call (419-481-3117) or email linda@lindasabo.com anytime to discuss how this information can benefit you!
Review the inventory and health of the market by looking at the number of sold and listed properties.
To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.
Gage the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.
- Sold: Properties sold that month
- New: Listings that are new on the market
- Distressed: Listings that are short sales, bank owned, or up for auction.
- Standard: Non-distressed listings
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