Numbers In Springboro June 1st to June 19th. $100,000.00 homes are a comodity.

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Real Estate Agent with Century 21 Elite Performance
Active: 0  Pending: 0  Sold: 19  Other: 0  Total: 19

   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  Days on Market
 Minimum  3   1.00   1,008   $99,900   $100,000   20 
 Average  4   3.26   3,094   $326,928   $313,611   122 
 Median  4   3.00   2,515   $264,900   $260,500    95 
 Maximum  5   5.00   5,157   $715,531   $685,000   420 
 Total Dollar Value           $5,958,600   
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   1    3    5    3    7 
 Breakdown %   5.26    15.79    26.32    15.79    36.84 
 Avg % SP/LP   95.73    98.18    95.56    96.35    95.36 

These numbers are from June 1st to June 19th and are for all of Springboro.  Note how long it has been taking the higher priced homes in Springboro to sell.  Homes in the $100,000.00 are selling like hot cakes!  These numbers only represent sold properties - I did not include current or pending listings and they are a running tally of the month of June in 2008.  Another worthy thing to note here is that of the homes that sold in the $200,000.00 price range their average days on market was 95.  Not too bad.  Still the highest back up in real estate in Springboro is anything in and around the $300,000.00 price ranges as there are still close to 40 homes competing in that price range alone. Get this - there are currently 45 homes for sale in Springboro in the $300,000.00 to $350,000.00 price range so when you factor in absorption rates it will likely take longer to sell homes within' that price range - that is unless... you hire a professional backed by the number one Real Estate brokerage in the Dayton area as well as Springboro.  You guessed it - myself and Coldwell Banker Heritage Realtors!  I understand the importance of pricing vs. timing as well as proper staging - not just moving furniture around the house.  When done correctly just about any house can move within' a relatively short time and usually well below the time parameters of your competition.  I have the stats to prove it - so if you're looking to sell in Springboro OR if you're currently marketing plan isn't working for you give me a call, and together we will get it done. 

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Jon Higgins

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