Avon Lake Market Sales

By
Real Estate Agent with Howard Hanna - Avon Lake, OH 2006004434

For the month of January across all price ranges the market showed a slight decrease in sales but an increase in number of homes in pending status.

With the growth in pending we should see great sales for for the month of February.

Date 11/11 12/11 1/12 2/12 3/12 4/12 5/12 6/12 7/12 8/12 9/12 10/12 11/12 12/12 1/13
For Sale 199 183 194 183 184 187 186 191 182 168 173 166 150 147 148
New Listing 26 20 30 38 50 42 41 51 46 39 30 30 22 23 41
Sold 16 20 15 14 21 25 30 38 23 37 37 37 25 19 14
Pended 20 14 10 27 32 33 27 37 43 33 25 21 15 22 29
Months of Inventory (Closed Sales) 12.4 9.2 12.9 13.1 8.8 7.5 6.2 5 7.9 4.5 4.7 4.5 6 7.7 10.6
Months of Inventory (Pended Sales) 10 13.1 19.4 6.8 5.8 5.7 6.9 5.2 4.2 5.1 6.9 7.9 10 6.7 5.1
Absorption Rate (Closed Sales) % 8 10.9 7.7 7.7 11.4 13.4 16.1 19.9 12.6 22 21.4 22.3 16.7 12.9 9.5
Absorption Rate (Pended Sales) % 10.1 7.7 5.2 14.8 17.4 17.6 14.5 19.4 23.6 19.6 14.5 12.7 10 15 19.6
Avg. Active Price 304 295 293 306 313 317 324 303 296 294 297 291 292 286 276
Avg. Sold Price 266 206 179 278 173 186 200 223 314 252 254 202 194 202 204
Avg. Sq. Ft. Price 115 99 91 103 82 92 101 109 119 111 117 104 98 98 107
Sold/List Diff. % 94 94 93 99 97 96 95 94 91 95 97 96 96 97 94
Sold/Orig LP Diff. % 87 90 89 96 92 94 94 92 85 93 94 92 91 92 91
Days on Market 136 176 90 165 115 123 96 141 158 91 94 109 133 99 127
Avg CDOM 189 174 174 250 152 184 117 192 152 110 147 151 165 115 196
Median 233 206 139 293 173 177 175 170 300 220 178 160 170 181 163
Table Information

Its a great time to sell or buy a home in the area.  Give me a call for more info.  With the inventory so low we need your help! Call me and I will list your home today!!

 

 

 

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See my current community info video:

 

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Try it.   http://stanleystepak.hanna2go.com

Stanley Stepak Jr. M.A.

Realtor

Howard Hanna - Gold, Avon Lake, Ohio

440-476-0234

Check out my profile at:stanleystepak.howardhanna.com              

Email me at stanleystepak@howardhanna.com  

Homes for sale in Avon Lake area are most sought after because of the superior schools, community activity and recreation, and park like setting this community offers. .If you are planning on buying, selling or relocating in the Avon Lake area, please give me a call as your Avon Lake Realtor.  I would be more than willing to help you with all your Real Estate related needs.

 

If you are looking for a great real estate agent in the Avon lake area,

  Let me GOOGLE one for you!

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Rainmaker
4,555,179
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Stan, you provide excellent information and a great market report for Avon, OH.   So glad to hear the pending sales have increased, and hope this is a trend that continues.

Feb 27, 2013 10:35 AM #1
Rainmaker
1,151,569
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Nice market report Stan, the increased number of pending sales should be a good indicator for the coming months.

Feb 28, 2013 03:08 AM #2
Rainmaker
124,382
Connie Betz
Berkshire Hathaway HomeServices Ambassador Real Estate - Omaha, NE
Top Omaha Realtor - Omaha Homes for Sale

Looks like your market is on the uptake.  Great information for your home buyers and sellers.

Feb 28, 2013 01:10 PM #3
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Rainmaker
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Stanley Stepak

Realtor - Avon Lake, Avon, Bay Village, Westlake,
Looking to sell or buy a home in the Avon Lake area
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