Realtors, Joyce & Terry Thomas want you to know what the market is truly doing in Tipp City, instead of the doom and gloom you hear on the news every day. Comparing home sales statistics from December of 2006 to December of 2007, the facts are:
Home sales in Tipp City are up! In December 2006 8 homes sold compared to December of 2007, when 9 homes sold.
Average time on market is down! In December of 2006 average days on market was 123 days compared to December of 2007, average days on market was 95!
The average price of homes sold remains about the same. In December of 2006 it was $173,000 and in December of 2007 it was $172,000!
There are LESS homes on the market! In December of 2006 there were 16.5 months of inventory of homes on the market while in December of 2007 it had decreased to only 12.1 months of inventory. (Keep in mind, this is all homes and all price ranges in Tipp City, Ohio).
This information is obtained from the DABR MLS. We hope you find this market update informative. For a Highest Price Analysis on your home, call us today to get your free report. 937-623-9468
Joyce & Terry Thomas
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