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Market Snapshot - Toledo, OH

By Carol Smith

Real Estate Agent with Casmi Photography

January 18, 2008 12:05 PM

I have been watching the market in our area and wondering if we are truly seeing any relief. Even just a little.

So, in order to assuage my curiosity, I pulled a report from December 15, 2007 to January 18, 2008. I am pleasantly surprised.

While our home prices may not be as high as other areas, it seems as though the number of units sold is up and the DOM are down - albeit slightly.

I am encouraged by this short set of numbers. It will be interesting to see what the first quarter shakes out to be.

***This data is for the city of Toledo only. It does not encompass the suburbs.

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Robert Monk

100% Realty, Inc. - Santa Rosa Beach, FL

Florida Real Estate

hmm..., not a pretty picture..., let's hope it all turns around soon. I am seeing some very positive signs.

Jan 18, 2008 12:22 PM

Carol Smith

Casmi Photography - Mebane, NC

It's really not as bad as some would think. Compared to other areas of the country it may seem like a depressed market, but there are some great homes here and the 'tax time' buyers are starting to show some interest. It's gonna be one heckuva ride!

Jan 18, 2008 01:05 PM

Elizabeth Nieves

The Elizabeth Nieves Realty Group - Durham, NC

Bilingual Raleigh - Durham North Carolina Real Estate Team

Every bit of improvement is welcome!!! I'm glad to see that things are getting better. I truly believe that this is going to be the year of surprises! That's my campaign slogan...

Vote for Elizabeth Nieves...she promises that 2008 will be the Year of Surprises!!!

Oh yeah...I forgot that I'm NOT one of the presidential candidates. :-)

Guess what, my friend? It is supposed to start snowing any minute now. That's why I'm being so silly...snow fever!!! Luv ya and GBU!!

Jan 19, 2008 02:07 AM

I agree, Elizabeth! There is a little ray of sunshine poking through and I intend to coax it out!

I love the campaign slogan! LOL Perhaps you should run for local office! Maybe that would be the start of yet another career! :))

We won't have much snow today. It's way too cold. Wind chill is down around 4 degrees now and will drop below 0 tonight.

Go play in the snow. Have Diego take a picture of you making a snow angel! I wanna see it!

Love ya - and GBU too!

Jan 19, 2008 02:26 AM

Jim Crawford

Long & Foster - Fredericksburg, VA

Jim Crawford Broker Associate Fredericksburg VA

Thanks for the encouraging news! Any change to the positive is welcomed!

Jan 20, 2008 03:23 AM

Joan Mirantz

Homequest Real Estate - Concord, NH

Realtor, GRI, CBR, SRES - Concord New Hampshire

I agree Carol....any light , no matter how faint. Just nurture it and it should grow!!

We are definately seeing a bit more activity around here

Jan 20, 2008 09:02 AM

Joan: I will take a candle flicker as opposed to complete darkness! LOL This period of 'self adjustment' is feeling a little more solid, so I'm anticipating wonderful things for 2008!

Jan 23, 2008 01:31 AM

Market Snapshot - Toledo, OH

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Carol Smith

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