Out of 412 Homes currently on the market, there are still 157 homes listed from $250,000.00 to $400,000.00 thus accounting for close to 40% of all homes currently listed in the BORO. Interestingly enough if you were to look at the average home price in Springboro in 2003 and compare it to 2008 it actually shows a rate of APPRECIATION of 3%. That number is decieving however in that we're still seing price drops of $60,000.00 to $100,000.00 in homes originally priced in the $400,000.00 to $600,000.00 price range. The past few months those kind of price drops have leveled out - fortunatlely for the sellers and the market as a whole and in the Boro we seem to be at or getting close to our markets bottom. Only time will tell but I will continue to keep you informed. As always if you have any questions regarding these market numbers or if you want help pricing your home simply give me a call at 937-902-0191.
| Active: 412 |
Pending: 42 |
Sold: 216 |
Other: 230 |
Total: 900 |
| |
Bedrooms |
Bathrooms |
Square Feet |
List Price |
Selling Price |
Days on Market |
| Minimum |
1 |
0.00 |
0 |
$0 |
$7,000 |
0 |
| Average |
4 |
0.00 |
2,731 |
$315,062 |
$270,009 |
136 |
| Median |
4 |
3.00 |
2,016 |
$269,900 |
$235,375 |
106 |
| Maximum |
8 |
0.00 |
8,707 |
$1,400,000 |
$1,275,000 |
892 |
| Total Dollar Value |
|
|
|
|
$58,321,972 |
|
| |
| 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 |
10 |
48 |
33 |
29 |
96 |
| Breakdown % |
4.63 |
22.22 |
15.28 |
13.43 |
44.44 |
| Avg SP % LP |
95.70 |
97.86 |
95.84 |
96.72 |
95.53 |
| Active |
| Listing Price Range |
Quantity |
Average DOM |
|
| $80,000 thru $89,999 |
1 |
310 |
|
| $100,000 thru $119,999 |
5 |
114 |
|
| $120,000 thru $139,999 |
25 |
141 |
|
| $140,000 thru $159,999 |
8 |
100 |
|
| $160,000 thru $179,999 |
25 |
103 |
|
| $180,000 thru $199,999 |
25 |
78 |
|
| $200,000 thru $249,999 |
77 |
122 |
|
| $250,000 thru $299,999 |
64 |
134 |
|
| $300,000 thru $349,999 |
57 |
145 |
|
| $350,000 thru $399,999 |
36 |
149 |
|
| $400,000 thru $449,999 |
15 |
92 |
|
| $450,000 thru $499,999 |
21 |
138 |
|
| $500,000 thru $549,999 |
8 |
108 |
|
| $550,000 thru $599,999 |
11 |
167 |
|
| $600,000 thru $649,999 |
7 |
181 |
|
| $650,000 thru $699,999 |
2 |
31 |
|
| $700,000 thru $749,999 |
5 |
106 |
|
| $750,000 thru $799,999 |
6 |
104 |
|
| $800,000 thru $849,999 |
5 |
106 |
|
| $850,000 thru $899,999 |
5 |
137 |
|
| $950,000 thru $999,999 |
2 |
47 |
|
| $1,250,000 thru $1,499,999 |
2 |
63 |
|
| |
412 |
127 |
|
|
| |
| Summary Price Information |
| Minimum |
$84,900 |
Maximum |
$1,284,000 |
| Average |
$330,638 |
Median |
$279,900 |
|
| Pending |
| Listing Price Range |
Quantity |
Average DOM |
|
| $50,000 thru $59,999 |
1 |
41 |
|
| $60,000 thru $69,999 |
1 |
34 |
|
| $90,000 thru $99,999 |
1 |
84 |
|
| $100,000 thru $119,999 |
3 |
71 |
|
| $140,000 thru $159,999 |
3 |
17 |
|
| $160,000 thru $179,999 |
2 |
114 |
|
| $180,000 thru $199,999 |
5 |
88 |
|
| $200,000 thru $249,999 |
9 |
98 |
|
| $250,000 thru $299,999 |
6 |
64 |
|
| $300,000 thru $349,999 |
6 |
128 |
|
| $350,000 thru $399,999 |
1 |
366 |
|
| $500,000 thru $549,999 |
1 |
20 |
|
| $600,000 thru $649,999 |
2 |
114 |
|
| $750,000 thru $799,999 |
1 |
12 |
|
| |
42 |
89 |
|
|
| |
| Summary Price Information |
| Minimum |
$58,000 |
Maximum |
$795,000 |
| Average |
$259,812 |
Median |
$221,400 |
|
| Equal Opportunity Housing * All information deemed reliable, but not guaranteed. |
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Copyright ©2008 Rapattoni Corporation. All rights reserved. |
|
Area Market Survey
|
| Listings as of 08/28/08 at 1:36pm |
| Property Type Residential Property Subtype Single Family Transaction Type Sale Area Spring-Clearcreek SD Statuses Active, Pending (3/1/2008 or after) , Expired (3/1/2008 or after) , Sold (3/1/2008 or after) |
| Sold |
| Selling Price Range |
Quantity |
Average DOM |
|
| $19,999 or under |
1 |
101 |
|
| $70,000 thru $79,999 |
2 |
41 |
|
| $90,000 thru $99,999 |
4 |
117 |
|
| $100,000 thru $119,999 |
8 |
104 |
|
| $120,000 thru $139,999 |
10 |
113 |
|
| $140,000 thru $159,999 |
10 |
113 |
|
| $160,000 thru $179,999 |
18 |
83 |
|
| $180,000 thru $199,999 |
17 |
135 |
|
| $200,000 thru $249,999 |
51 |
126 |
|
| $250,000 thru $299,999 |
37 |
141 |
|
| $300,000 thru $349,999 |
15 |
202 |
|
| $350,000 thru $399,999 |
13 |
138 |
|
| $400,000 thru $449,999 |
9 |
166 |
|
| $450,000 thru $499,999 |
6 |
112 |
|
| $500,000 thru $549,999 |
3 |
132 |
|
| $550,000 thru $599,999 |
4 |
189 |
|
| $600,000 thru $649,999 |
2 |
497 |
|
| $650,000 thru $699,999 |
2 |
96 |
|
| $700,000 thru $749,999 |
2 |
199 |
|
| $750,000 thru $799,999 |
1 |
24 |
|
| $1,250,000 thru $1,499,999 |
1 |
65 |
|
| |
216 |
134 |
|
|
| |
| Summary Price Information |
| Minimum |
$7,000 |
Maximum |
$1,275,000 |
| Average |
$270,009 |
Median |
$235,375 |
|
| Expired |
| Listing Price Range |
Quantity |
Average DOM |
|
| $70,000 thru $79,999 |
2 |
99 |
|
| $100,000 thru $119,999 |
3 |
207 |
|
| $120,000 thru $139,999 |
11 |
79 |
|
| $140,000 thru $159,999 |
7 |
104 |
|
| $160,000 thru $179,999 |
15 |
138 |
|
| $180,000 thru $199,999 |
18 |
120 |
|
| $200,000 thru $249,999 |
44 |
169 |
|
| $250,000 thru $299,999 |
30 |
157 |
|
| $300,000 thru $349,999 |
22 |
155 |
|
| $350,000 thru $399,999 |
21 |
168 |
|
| $400,000 thru $449,999 |
16 |
163 |
|
| $450,000 thru $499,999 |
10 |
240 |
|
| $500,000 thru $549,999 |
9 |
195 |
|
| $550,000 thru $599,999 |
6 |
252 |
|
| $600,000 thru $649,999 |
2 |
183 |
|
| $650,000 thru $699,999 |
1 |
326 |
|
| $700,000 thru $749,999 |
3 |
131 |
|
| $750,000 thru $799,999 |
3 |
377 |
|
| $800,000 thru $849,999 |
1 |
508 |
|
| $850,000 thru $899,999 |
2 |
108 |
|
| $900,000 thru $949,999 |
3 |
195 |
|
| $1,250,000 thru $1,499,999 |
1 |
319 |
|
| |
230 |
165 |
|
|
| |
| Summary Price Information |
| Minimum |
$74,900 |
Maximum |
$1,299,000 |
| Average |
$329,396 |
Median |
$278,700 |
|
0 Comments on Springboro Market Update for August 27th 2008
|
Jon Higgins ABR
;)
;)
