Avon Lake Market Sales

For the month of January across all price ranges the market showed a slight decrease in sales but an increase in number of homes in pending status.

With the growth in pending we should see great sales for for the month of February.

Date 11/11 12/11 1/12 2/12 3/12 4/12 5/12 6/12 7/12 8/12 9/12 10/12 11/12 12/12 1/13 For Sale 199 183 194 183 184 187 186 191 182 168 173 166 150 147 148 New Listing 26 20 30 38 50 42 41 51 46 39 30 30 22 23 41 Sold 16 20 15 14 21 25 30 38 23 37 37 37 25 19 14 Pended 20 14 10 27 32 33 27 37 43 33 25 21 15 22 29 Months of Inventory (Closed Sales) 12.4 9.2 12.9 13.1 8.8 7.5 6.2 5 7.9 4.5 4.7 4.5 6 7.7 10.6 Months of Inventory (Pended Sales) 10 13.1 19.4 6.8 5.8 5.7 6.9 5.2 4.2 5.1 6.9 7.9 10 6.7 5.1 Absorption Rate (Closed Sales) % 8 10.9 7.7 7.7 11.4 13.4 16.1 19.9 12.6 22 21.4 22.3 16.7 12.9 9.5 Absorption Rate (Pended Sales) % 10.1 7.7 5.2 14.8 17.4 17.6 14.5 19.4 23.6 19.6 14.5 12.7 10 15 19.6 Avg. Active Price 304 295 293 306 313 317 324 303 296 294 297 291 292 286 276 Avg. Sold Price 266 206 179 278 173 186 200 223 314 252 254 202 194 202 204 Avg. Sq. Ft. Price 115 99 91 103 82 92 101 109 119 111 117 104 98 98 107 Sold/List Diff. % 94 94 93 99 97 96 95 94 91 95 97 96 96 97 94 Sold/Orig LP Diff. % 87 90 89 96 92 94 94 92 85 93 94 92 91 92 91 Days on Market 136 176 90 165 115 123 96 141 158 91 94 109 133 99 127 Avg CDOM 189 174 174 250 152 184 117 192 152 110 147 151 165 115 196 Median 233 206 139 293 173 177 175 170 300 220 178 160 170 181 163

Its a great time to sell or buy a home in the area.  Give me a call for more info.  With the inventory so low we need your help! Call me and I will list your home today!!