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Independence Ohio Real Estate Market Report First Quarter 2010

By
Real Estate Agent with RE/MAX Above & Beyond

Independence Ohio Real Estate Market Report First Quarter 2010

The numbers you see below are fairly typical first quarter results. Some of the closed and contingent sales likely went under contract in December and early January. I have been very busy during the first quarter as is the case with many of the agents in my office. I would expect a good increase in the number of transactions in the second quarter. Although the number of transactions will increase, it remains to be seen whether or not there will be a significant increase in closed sales prices. The yellow areas represent a decrease from 4th quarter, the red an increase. Many buyers and sellers are trying to take advantage of the tax credit, which ends on April 30th 2010.

 

 

INDEPENDENCE
SINGLE FAMILY
# OF ACTIVE LISTINGS 38
AVG. SQFT. 2793
AVG. PRICE PER SQFT. $126.54
AVG. MARKET TIME 117
AVG. LIST PRICE $361,505
AVG. SALE PRICE N/A
# OF CONTINGENT LISTINGS 3
AVG. SQFT. 1485
PRICE PER SQFT. $139.18
AVG. MARKET TIME 61
AVG. LIST PRICE $211,467
AVG. SALE PRICE
# OF PENDING LISTINGS 6
AVG. SQFT. 3128
AVG. PRICE PER SQFT $106.51
AVG. MARKET TIME 149
AVG. LIST PRICE $371,863
AVG. SALE  PRICE N/A
# OF CLOSED LISTINGS 15
AVG. SQFT. 2020
AVG. PRICE PER SQFT. $109.16
AVG. MARKET TIME 90
AVG. LIST PRICE $234,292
AVG. SALE PRICE $219,864

Independence Ohio Real Estate Fourth Quarter Market Report 2009

Independence Ohio Real Estate Third Quarter Market Report 2009

Independence Ohio Real Estate Second Quarter Market Report 2009

Independence Ohio Real  Estate First Quarter Market Report August 2009

Statistics show that nearly 90% of buyers and sellers start their search on line. So your home needs a strong internet presence. Below is some of my internet marketing through point2homes:

internet marketing sites

 

Comments(1)

1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Barb, Market statistics are always good information for anyone that is interested in the market, whether buyer, seller, or just keeping up with the economy and the way it's going.  Great post.

Apr 26, 2010 02:19 PM