Sales in the 2nd quarter of 2010 saw a sizable increase of 147 units a increase of 21.5%. The average sales price rose almost 5% from $180,000 to $188,000.
The increase in sales can be attributed to a slightly lower inventory of single family homes and was influenced by the extended homebuyer tax credits.
At the end of the 2nd Qtr there were only 257 homes on the market. Showing activity, which was described as moderate during the 1st Qtr, saw a noticeable increase in April before returning to moderate levels.
The 3rd Qtr has showed a slowing down in the market but we are only half way through so it is too early to tell how we'll end up.
Company: RE/MAX
Phone: 419-280-1394
Email: mattyeager at realtor dot com
