North Canton Absorption Report-April 2008

By
Real Estate Agent with Hackenberg Realty Group 2003021250

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.  North Canton has an overall 87% odds of selling within 87% and currently has a 2.6 months supply of inventory. Price ranges of $90,000-$119,999 sold out at 100%.

 

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   0   0   0   0      
$30,000   $39,999   0   0   0   0      
$40,000   $49,999   1   1   3   3   100%  
$50,000   $59,000   0   0   0   0   0  
$60,000   $69,999   0   1   0   0   0  
$70,000   $79,999   0   3   0   0   0  
$80,000   $89,999   0   3   0   0   0  
$90,000   $99,999   1   3   1   1   100%  
$100,000   $119,999   3   9   3   1   100%  
$120,000   $139,999   7   6   2   4   20%  
$140,000   $159,999   3   2   0.7   4   40%  
$160,000   $179,999   6   4   1.3   5   66%  
$180,000   $199,999   6   3   1   6   60%  
$200,000   $249,999   3   6   2   1.5   30%  
$250,000   $299,999   3   4   1.3   2.3   44%  
$300,000   $349,999   0   3   0   0   0%  
$350,000   $399,999   2   1   0.3   7   20%  
$400,000   $449,999   4   0   0   0   0%  
$450,000   $499,999   1   0   0   0   0%  
$500,000   $549,999   1   0   0   0   0%  
$550,000   $599,999   0   0   0   0   0%  
$600,000   $649,999   0   0   0   0   0%  
$650,000   $699,999   0   0   0   0   0%  
$700,000   $749,999   1   0   0   0   0%  
                           
                           
                           
                           
                           
    Totals   42   49   16   3   87%  
                           
                           
                           

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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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Deborah Wilson

Stark County OH Real Estate
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