knox county ohio real estate report: Knox County Ohio Housing Market Report on February 26, 2019
- 02/27/19 01:33 PM
This week the Knox County Ohio housing market report is showing signs that the inventory and absorption rates are starting to change. The Majority of the available homes that are priced below $250,000 remain extremely in strong demand with very limited availability. The price ranges above $250,000 are beginning to approach a more balanced market with housing inventory beginning to get back to more typical levels. This video touches on the majority of the price ranges and offers insight into the Knox County Ohio real estate inventory levels and which ones remain hot and which ones are starting to experience increased competition. … (3 comments)
The Knox County Ohio home sales are rising and the days on market are reducing as the spring market continues to feel more like summer weather.. The median sold price for the last 30 days was $115,000 with a DOM of 114 days. Since the recent DOM is less than the median DOM for the last 6 months, it is a positive indicator for demand. It is always important to realize that real estate markets can fluctuate due to many factors, including shifting interest rates, the economy, or seasonal changes.
If you are in the market to buy or sell a home or lot at the Knox … (0 comments)
knox county ohio real estate report: Knox County Ohio Homes SOLD VS. Off Markets and Expire Listings
- 06/19/14 10:32 AM
A total of 216 contracts have closed in the last 6 months in Knox County Ohio with a median sold price of $115,000. Breaking it down, we notice that the $100K - $150K price range contains the highest number of sold listings. Alternatively, a total of 103 listings have failed to sell in that same period of time. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time. The $100K - $150K price range … (0 comments)
knox county ohio real estate report: Knox County Ohio Real Estate Report with Market Data on 1-7-2014
- 01/10/14 11:34 AM
Let's take a look at the real estate market. Currently there are 22 sales pending in the market overall, leaving 236 listings still for sale. The resulting pending ratio is 8.5% (22 divided by 258). So you might be asking yourself, that's great... but what exactly does it mean? I'm glad you asked! The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.
Taking a closer look, we … (0 comments)
knox county ohio real estate report: The Media and Their Real Estate Reports
- 07/05/10 11:14 AM
For some reason the media continues to hammer on the real estate industry as if what is happening in Phoenix, Las Vegas or Naples is actually happening in EVERY market throughout America. Those of us in the real estate industry understand that this is not the case but for some reason it seems that many in the media want to lump all housing markets into a single market. I believe in the idea that real estate is local. I have real estate friends in Phoenix, Las Vegas and Naples and my friends shared with me that it wasn't that many … (5 comments)
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