Plain Township Absorption Report-April 2008

By
Real Estate Agent with Hackenberg Realty Group

Prices From

Prices To   Active   Listings Sold Listings   # of   Odds of    
        Listings   Prior 90   Sold per   Month   Selling in    
            Days   Month   Supply   90 Days %    
                             
$20,000   $29,999   1   0   0   0   0%    
$30,000   $39,999   0   1   0.3   0   0%    
$40,000   $49,999   1   3   1   1   15%    
$50,000   $59,000   2   1   0.3   7   50%    
$60,000   $69,999   1   2   0.7   1.4   20%    
$70,000   $79,999   1   6   2   5   12%    
$80,000   $89,999   5   7   2.3   2.2   14%    
$90,000   $99,999   0   7   2.3   0   100%    
$100,000   $119,999   10   11   3.7   2.7   50%    
$120,000   $139,999   5   13   4.3   1.2   33%    
$140,000   $159,999   8   10   3.3   2.4   90%    
$160,000   $179,999   7   10   3.3   2.1   11%    
$180,000   $199,999   4   0   0   0   0%    
$200,000   $249,999   6   7   2.3   2.6   14%    
$250,000   $299,999   2   7   2.3   0.9   88%    
$300,000   $349,999   0   0   0   0   0%    
$350,000   $399,999   1   1   0.3   3.3   25%    
$400,000   $449,999   2   0   0   0   0%    
$450,000   $499,999   0   1   0.3   0   10%    
$500,000   $549,999   0   1   0.3   0   50%    
$550,000   $599,999   1   0   0   0   0%    
                             
    Totals   57   88   29   2   87%    
                             
                             
                             

The Absorption Rate is the theoretical time it takes to clear existing inventory. The Active Listings are the number of current active listings. Listing sold per Month is the average number of unit sales per month over the last 3 months.  Months of Supply is the absorption rate inventory derived by Supply/Demand.  And last is the Odds of Selling within 90 days.  A 5-6 month supply is considered balanced with roughly the same number of sellers as buyers.  Higher numbers mean it is a buyers market, while less is a sellers market.  Plain Township overall shows a 87% odds of selling in 90 days and has a 2 month supply of inventory.  Check out the $90,000-$99,000 price range- There is no inventory.  $250,000-$299,000 is doing very well.

Posted by

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

me a call at 330-904-4545.

Social media buttons

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Ohio Stark County Canton
Groups:
Posts to Localism
Localism Success and Accountability Group
Tags:
plain township absorption report

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
108,743

Deborah Wilson

Stark County OH Real Estate
Ask me a question
*
*
*
*
Spam prevention