Fairfield, Ohio
Quick Check of Real Estate for Fairfield and Fairfield Township
February 23rd, 2011 categories: Fairfield, Ohio
John Henry Homes in Fairfield
2011 started out with snow and snow and hints of spring in the real estate market in Fairfield and Fairfield Township.
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 |
136 |
$165,831 |
147 |
96 |
$77,162 |
147 |
| Pendings |
41 |
$136,550 |
73 |
18 |
$64,944 |
65 |
| Closed (01/01/11-01/31/11) |
11 |
$134,155 |
73 |
3 |
$83,567 |
95 |
As the market begins a slow comeback- I thought it might be interesting to also look at the numbers for new construction – of the 136 homes on the market 10 actives and 4 pending are “brand new builds” averaging $237,623 for actives and $260,847 for pendings. No new construction in the Fairfield condo market.
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
122 |
$197,644 |
151 |
11 |
$115,575 |
220 |
| Pendings |
28 |
$148,950 |
82 |
4 |
$95,350 |
81 |
| Closed (01/01/11-01/31/11) |
8 |
$161,438 |
68 |
2 |
$ 115,550 |
164 |
New construction- of the 122 homes on the market 23 actives and 1 pending are “brand new builds” averaging $242,484 for actives and $299,900 for pendings. 1 new construction condo in Fairfield Township listed for $169,900.
The condo market in Fairfield continues to struggle with an abundant supply and buyers not able to secure FHA loans because some complexes are unable to meet government guidelines.
Each neighborhood and condo complex is unique so email or call for more detailed information.
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Don’t Miss Fairfield’s Choraliers- They’re Better than “Glee”!
February 18th, 2011 categories: Fairfield, Ohio
Hope to see you Sunday at the award winning Fairfield Choraliers Spaghetti Dinner and Benefit Concert on February 20th.
6pm Dinner and 7:30pm Show at Fairfield High School.
Tickets available from Choralier students.
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Real Estate Activity in Fairfield and Fairfield Township
December 22nd, 2010 categories: Fairfield, Ohio
Sometimes kids just know how to use the weather to their advantage- sledding down the slope at Fairfield North Golf Course.
Home buyers and sellers are taking advantage of the weather too as they continue to hunt for houses and condos in Fairfield and Fairfield Township.
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 |
144 |
$165,773 |
123 |
109 |
$79,674 |
121 |
| Pendings |
40 |
$146,198 |
85 |
13 |
$76,554 |
103 |
| Closed (01/01/10-11/30/10) |
239 |
$145,331 |
69 |
78 |
$69,083 |
95 |
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
118 |
$201,000 |
140 |
16 |
$120,475 |
156 |
| Pendings |
23 |
$155,389 |
125 |
2 |
$124,900 |
117 |
| Closed (01/01/10-11/30/10) |
164 |
$167,497 |
75 |
11 |
$ 96,800 |
70 |
It’s a slippery slope in Fairfield and Fairfield Townships housing market- with interest rates rising and the amount of homes and condos for sale not shrinking. Smooth sledding for sellers requires focusing on pricing and competition. The condo market in Fairfield continues to slip and slide all over – too many units for sale competing with too many foreclosed units for sale. And the problem will be around for months to come. The sale of single family homes in the Township and City continue with prices remaining steady.
Each neighborhood and condo complex is unique so email or call for more detailed information.
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September Real Estate Activity for Fairfield and Fairfield Township
October 28th, 2010 categories: Fairfield, Ohio
The Fairfield and Fairfield Township home and condo sales continue to feel the pricing pressure of today’s real estate market.
Just like real estate throughout metro Cincinnati, the average listing prices have decreased slightly and sale prices have remained the same or decreased slightly.
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 |
154 |
$166,207 |
114 |
124 |
$83,619 |
119 |
| Pendings |
30 |
$148,554 |
58 |
14 |
$77,507 |
103 |
| Closed (01/01/10-09/30/10) |
215 |
$145,873 |
69 |
57 |
$68,785 |
94 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
119 |
$198,838 |
120 |
14 |
$131,472 |
137 |
| Pendings |
33 |
$159,636 |
110 |
2 |
$91,325 |
38 |
| Closed (01/01/10-09/30/10) |
140 |
$168,731 |
76 |
9 |
$ 98,311 |
72 |
Data from Greater Cincinnati Multiple Listing Service
20 single family homes and 8condos closed in Fairfield and 17 single family homes and zerocondos closed in the Township in September. Pricing and negotiating with potential buyers is still the most important part of real estate in Fairfield and Fairfield Township.
Email with questions or if you need more detailed information.
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Fairfield and Fairfield Township Real Estate Activity
September 29th, 2010 categories: Fairfield, Ohio
The Fairfield and Fairfield Township home sales reflect the pricing pressure facing today’s sellers.
Just like real estate throughout metro Cincinnati, the average listing prices have decreased slightly and sale prices have remained the same or decreased slightly.
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 |
157 |
$166,503 |
110 |
124 |
$82,698 |
122 |
| Pendings |
32 |
$138,009 |
65 |
14 |
$78,564 |
98 |
| Closed (01/01/10-08/31/10) |
195 |
$145,916 |
68 |
57 |
$69,854 |
93 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
125 |
$193,863 |
122 |
16 |
$128,392 |
124 |
| Pendings |
31 |
$162,548 |
86 |
2 |
$101,900 |
31 |
| Closed (01/01/10-08/31/10) |
123 |
$168,896 |
72 |
9 |
$ 98,311 |
72 |
Data from Greater Cincinnati Multiple Listing Service
34 single family homes and 3 condos closed in Fairfield and 17 single family homes and 1 condo closed in the Township during August. In today’s market with 124 condos for sale in Fairfield and 16 condos in the Township- sellers need to consider what’ s going on and price their property for the next buyer.
Email with questions or if you need more detailed information.
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