Fairfield and Fairfield Township Real Estate Activity
November 16th, 2009 categories: Fairfield Township, Fairfield, Ohio, Real Estate Stats
The number of active listings in Fairfield and Fairfield Township is shrinking!
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
Fairfield |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
127 |
$185,540 |
146 |
87 |
$87,315 |
138 |
| Pendings |
45 |
$141,930 |
50 |
13 |
$80,935 |
86 |
| Closed (01/01/09-10/31/09) |
250 |
$143,721 |
70 |
78 |
$77,558 |
96 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
133 |
$231,079 |
146 |
14 |
$114,250 |
77 |
| Pendings |
30 |
$172,424 |
86 |
1 |
$119,900 |
47 |
| Closed (01/01/09-10/31/09) |
188 |
$160,832 |
73 |
17 |
$ 118,238 |
127 |
Data from Greater Cincinnati Multiple Listing Service
Sellers in Fairfield sold/closed 66 single family homes and 11condos during September while Fairfield Township sold/closed 22 single family homes and 3 condos. Fairfield was on fire with closings- but pending sales are down so I don’t expect the record pace to continue. The list/sale prices in Fairfield appear to be in sync while the list prices for single family homes in the township have increased (slightly) while the sales prices have decreased (slightly). This type of split leaves homes on the market for an extended period of time until buyers and sellers agree on the “real price”. Unfortunately the longer a property sits on the market-the lower the perceived value.
If you are thinking about buying- call or email me now..
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