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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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Welcome to our January 2009 report on the state of the real estate market for Geauga County. Please feel free to refer to last month's posting to watch for changes.
As a service to all potential buyers and sellers, we would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, we've included a few statistics for your review!
The current trend (as of January, 2009) is an increase in the number of homes for sale. In January of 2008 there were 701 homes on the market, of which 30 sold. In January of 2009, there were 715 homes on the market (an increase in inventory 14 homes from one year to the next), of which 19 sold. In January of 2008, for those homes that did sell, they were on the market an average of 98 days. For those homes that sold in January of 2009, the average days on market were 97, representing a decrease of 1 day from one year to the next (shorter days on market is always a good sign!). Refer to the chart below for a visual representation:
What does this mean if you're thinking of selling and you want to be amongst the SOLDs? It's simple!
Price your home at or below market value
Make sure your home shows beautifully
Choose a realtor (like Barb!) that knows how to market your home to the widest audience possible! If you have all three of these, there is no reason you shouldn't end up with a nice big "SOLD" sign in your yard, but miss any one of them and you'll be sitting around waiting...
If you would like to receive a free copy of a market report, please contact us. We'd be happy to help! If you'd like to learn more about what it takes to sell in a correcting or down market, let us know! Our team specializes in home staging and aggressive marketing. We would love to sit down and talk about your situation any time!
Please feel free to visit any of our websites to learn more!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.