If you are looking to sell in the near future you should be happy to know that sales in the Avon area are up. Yes up. How much 20% from this time last year. This is very impressive considering the market we have been told by the media that we are in.
| 1 year | ||||||
| Dec 07 | Dec 08 | % Change | ||||
| - | ||||||
| Sold | 15 | 18 | 20%  |
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| Date | 10/07 | 11/07 | 12/07 | 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| For Sale | 203 | 203 | 178 | 163 | 181 | 176 | 180 | 187 | 184 | 177 | 169 | 164 | 160 | 158 | 131 |
| Sold | 23 | 26 | 15 | 14 | 10 | 20 | 22 | 21 | 22 | 26 | 25 | 17 | 24 | 14 | 18 |
| Pended | 23 | 14 | 13 | 20 | 22 | 25 | 15 | 25 | 27 | 22 | 25 | 19 | 18 | 8 | 9 |
| Months of Inventory based on Closed Sales | 8.8 | 7.8 | 11.9 | 11.6 | 18.1 | 8.8 | 8.2 | 8.9 | 8.4 | 6.8 | 6.8 | 9.6 | 6.7 | 11.3 | 7.3 |
| Months of Inventory based on Pended Sales | 8.8 | 14.5 | 13.7 | 8.2 | 8.2 | 7.0 | 12.0 | 7.5 | 6.8 | 8.0 | 6.8 | 8.6 | 8.9 | 19.8 | 14.6 |
| Avg. Active Price | 307 | 303 | 294 | 295 | 329 | 326 | 328 | 324 | 318 | 310 | 298 | 310 | 311 | 309 | 322 |
| Avg. Sld Price | 270 | 262 | 302 | 261 | 228 | 295 | 226 | 261 | 288 | 261 | 261 | 208 | 231 | 244 | 219 |
| Avg. Sq. Ft. Price | 109 | 102 | 108 | 96 | 101 | 101 | 102 | 101 | 103 | 101 | 108 | 98 | 102 | 104 | 97 |
| Sold/List Diff. % | 96 | 97 | 94 | 97 | 96 | 95 | 96 | 95 | 96 | 95 | 95 | 94 | 96 | 94 | 94 |
| Sold/Orig LP Diff. % | 92 | 95 | 92 | 95 | 95 | 92 | 95 | 94 | 92 | 92 | 93 | 92 | 91 | 90 | 91 |
| Days on Market | 113 | 79 | 79 | 73 | 80 | 102 | 66 | 93 | 105 | 85 | 68 | 53 | 92 | 102 | 64 |
| Median Price | 295 | 272 | 266 | 265 | 200 | 280 | 220 | 252 | 274 | 248 | 255 | 190 | 234 | 220 | 212 |
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What's the story? Well it is the demand in the area. There is a demand for homes in the Avon and surrounding areas of Avon Lake, Bay Village and North Ridgeville. People have asked me how long this demand will last. I think it will last for the Spring season. That is the best I can say now. We have a new president and congress and we can only predict that the planned stimulus packages will stimulate excitement and buying. How long this will hold will depend on what comes out of this stimulus plan (if a plan gets passed). If you are interested in talking to me further about marketing your home, give me a call. I can present you with a comparative market analysis of your home and explain to you a marketing plan to sell your home today! Stan Stepak Howard Hanna - Gold Office 440 933-6195 Office 440-476-0234 Direct Line Check my web page and homes for sale at www.stanleystepak.howardhanna.com. email me at stanleystepak@howardhanna.com
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