Plain Township, Oh Market Report - August 2011

By
Real Estate Agent with Hackenberg Realty Group

The August 2011 Market Report for Plain Township Ohio.

There were 66 active listings for August 2011, in Plain Township, Ohio 44706. 

137 houses sold in the past 90 days at an approximate rate of 46 houses per month. It will take 1.58 months to sell the  current inventory of houses at the same rate.  What does this mean for sellers?  They have a 63% chance of selling in the next 30 days.

The average list price was $119,182, The average sold price was $117,747.  The list to sale ratio was 96.80% and the average days on market were 71 days.

The  absorption rate is the number of "months of housing supply" and how long it will take in months for all the current homes listed for sale to be sold.

Market Absosrption Analysis

1-4 months of inventory is a sellers market.  There is less inventory and more buyers.

5-6 months of inventory is a stable market. 

7 + is a buyers market.   There is more inventory than buyers.

Foreclosures, shortsales and renting your home because it has not sold, are the new normal.  Pricing your home correctly is more important than ever.

I am here to help.  Give me a call right now if you are facing any of the above.

Call Deborah Wilson at 330-904-4545.  

 

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If you want information on the Canton area which includes shortsale, foreclosures or rentals, please give

me a call at 330-904-4545.

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Ohio Stark County Canton Plain Township
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Rainmaker
2,479,192
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Deborah, wanted to stop by and wish you a Merry Christmas. 

Dec 07, 2011 02:42 AM #1
Rainmaker
710,439
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Deborah

Such a low inventory! And that means a sellers' market. Sellers are well advised that if they're thinking of selling, that they should do so now where there is little competition among sellers. Serious buyers don't stop looking, regardless of the time of the year.

Good luck and may you have a very Merry Christmas and a prosperous New Year.

Dec 18, 2011 05:52 PM #2
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Rainmaker
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Deborah Wilson

Stark County OH Real Estate
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