Springboro Ohio Market Update - Year End Review

By Jon Higgins

Real Estate Agent with Century 21 Elite Performance

March 11, 2009 07:28 AM

Springboro 2007 to 2008 Year End Number Comparison

Fellow Springboro residents, we're down $36,000,000.00 this year from 2007. The good news? Over $141,000,000.00 of real estate changed hands with a total of 404 homes sold! Average sales price in the Boro is down $16,000.00. There are amazing deals interspersed in those numbers as well. If you have any questions comments or concerns about these numbers or would like an individual market analysis for your imediate neighborh

2007 Year End Numbers at a Glance

Sold: 518

Other: 0

Total: 518

	Bedrooms	Bathrooms	Square Feet	List Price	Selling Price	DOM
Minimum	2	1.00	960	$79,500	$65,000	1
Average	4	3.10	2,494	$282,614	$272,304	139
Median	4	3.00	1,926	$250,000	$244,800	115
Maximum	6	7.00	7,048	$1,199,900	$1,100,000	734
Total Dollar Value					$141,053,502

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	18	89	92	78	241
Breakdown %	3.47	17.18	17.76	15.06	46.53
Avg SP % LP	99.00	95.96	96.85	96.20	96.20

2008 Year End Numbers at a Glance

Sold: 404

Other: 0

Total: 404

	Bedrooms	Bathrooms	Square Feet	List Price	Selling Price	DOM
Minimum	2	1.00	576	$0	$7,000	11
Average	4	3.13	2,597	$269,629	$259,780	142
Median	4	3.00	2,037	$239,900	$233,700	111
Maximum	6	7.00	8,622	$1,400,000	$1,275,000	879
Total Dollar Value					$104,951,317